Naina Lal Kidwai to retire as Chairman, HSBC India

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HSBCAfter 13 years with HSBC, Naina Lal Kidwai will retire from her position as Chairman HSBC India, with effect from December 31, 2015.

“Kidwai will also step down from her position of Executive Director on the Board of HSBC Asia-Pacific,” an official release said.

She joined HSBC in 2002 as Vice Chairman and Managing Director at HSBC Securities and Capital Markets, India and was appointed a Group General Manager of the Bank in 2006. She took over as CEO of HSBC India in 2007 and as Chairman of HSBC India in 2009.

Peter Wong, Chief Executive of HSBC- Asia-Pacific said, “I want to take this opportunity to thank Naina on behalf of all her colleagues for her service to HSBC over the last 13 years. During this period, she has served HSBC with distinction in a number of senior roles, and we wish her every success for the future.”

Kidwai said, “My 13 years with the HSBC Group have been a wonderful and rewarding journey. I will genuinely miss each and every one of the outstanding employees who make HSBC such a unique and special place to work.”