BREAKING NEWS

BREAKING NEWS

HSBC names Jayant Rikhye as India CEO

Now Reading:

HSBC names Jayant Rikhye as India CEO

Text size Aa Aa

(Reuters) – HSBC <HSBA.L> has named company veteran Jayant Rikhye as the new chief executive of its India operations, effective Dec. 1. Rikhye, who has been with the bank for 28 years in various roles, will replace Stuart Milne who will move to a new role after leading India operations for five years, the company said. Rikhye, who started his career with HSBC in India in 1989, is currently head of international, Asia-Pacific, responsible for 11 markets in the region, according to a statement on Monday. He also heads strategy and planning for the bank in Asia-Pacific. Europe’s biggest bank earlier this month named insider John Flint, who runs its retail and wealth management business, as the new chief executive to take over from February next year.

(Reporting By Arnab Paul in Bengaluru; Editing by Gopakumar Warrier)
euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on euronews.com for a limited time.