HSBC has promoted Rajeev Sahney to head Asia-Pacific advisory and corporates, according to news reports. Sahney, who was earlier global head of consumer and retail investment banking, will remain in Hong Kong. He will handle transactions across sectors. Jason Rynbeck, who was previously head of mergers and acquisitions for the region, has been named the Asia-Pacific chairman for that business and vice chairman of global banking. Sahney has joined HSBC in 2009 from Citigroup.
