The Hongkong and Shanghai Banking Corporation (HSBC) have appointed Surendra Rosha as its new Chief Executive Officer for India operations. The appointment is awaiting the final nod from the regulatory authority.
Rosha is currently serving as HSBC’s Head of Financial Institutions Group (FIG) for Asia-Pacific and post this new appointment, he will be succeeding Jayant Rikhye.
Rikhye is on leave due to medical reasons, confirmed an official communiqué from the group.
“His 27 years of experience in financial services makes him ideally suited to leading our bank in India and driving forward our strategy in one of HSBC’s key markets,” said Peter Wong, Deputy Chairman and Chief Executive of The Hongkong and Shanghai Banking Corporation.
Rosha is associated with HSBC’s Indian operations since 1991. He has handled multiple roles such as forex trading, corporate treasury sales, treasury and capital markets across the world.
He holds an experience in global banking and markets comprising of sales, treasury and capital markets in India during 1991-2005.
He is a bachelor degree holder in Commerce from Bombay University and he completed his Master Degree in Business from the Indian Institute of Management, Ahmedabad.