The Hongkong and Shanghai Bank appointed a new chief executive officer for India.
With effect from 1 December 2017, and subject to regulatory approvals, Jayant Rikhye will take on the new role. Rikhye first joined the Group in 1989 and is currently head of International, Asia-Pacific, responsible for 11 markets in the region. He is also head of Strategy and Planning, Asia-Pacific.
During his career with HSBC,Rikhye has worked in a number of countries and territories in a variety of functions, including Corporate Banking in Taiwan, Institutional Fund Services in Hong Kong and head of Securities Services for the Middle East and North Africa, based in the United Arab Emirates.
He will succeed Stuart Milne, who is also a Group general manager. After five years in the role Milne will take a three month sabbatical from the beginning of January 2018 and his next role at HSBC will be announced in due course.
