The Hongkong and Shanghai Banking Corporation Ltd. announced the appointment of Mr. Surendra Rosha as Chief Executive Officer for HSBC India, subject to regulatory approvals.
Mr. Rosha, who is currently HSBC’s Head of Financial Institutions Group (FIG) for Asia-Pacific, has extensive experience in working with retail and commercial banks.
Peter Wong, Deputy Chairman and Chief Executive of The Hongkong and Shanghai Banking Corporation Ltd., said: “I am delighted to confirm Surendra’s appointment as Chief Executive Officer India. 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.”
Mr. Rosha began his financial services career when he joined HSBC’s Indian operations in 1991. He has worked in multiple roles in FX trading, Corporate Treasury Sales, Treasury and Capital Markets across a variety of countries. He has extensive experience in Global Banking and Markets – including in Sales, Treasury and Capital Markets in India during 1991-2005; and as Head of Global Markets in Indonesia in 2005; Head of Institutional Sales, Asia Pacific in 2007 and Head of Financial Institutions Group (FIG), Asia-Pacific in 2015, both in Hong Kong.
Mr. Rosha succeeds Mr. Jayant Rikhye, who is taking a leave of absence for medical reasons.
Born in 1968, Mr. Rosha returns to India after 13 years of working abroad. He holds a Bachelor’s Degree in Commerce from Bombay University and a Master’s Degree in Business from the Indian Institute of Management, Ahmedabad.