HSBC appoints new Head of International Asia Pacific

The Hongkong and Shanghai Banking Corporation Limited has appointed Jayant Rikhye as Head of International Asia Pacific with effect from 18 March 2013. He replaces Guy Harvey-Samuel, who has been appointed Chief Executive Officer for HSBC Singapore.

Rikhye is currently Head of Strategy and Planning Asia Pacific, overseeing strategic planning and working closely with country CEOs and business heads in all markets across the Asia Pacific region.

In his new role as Head of International Asia Pacific, Rikhye will have direct responsibility over 12 markets in Asia, comprising Bangladesh, Brunei, Indonesia, Japan, Korea, Mauritius, New Zealand, Philippines, Sri Lanka, Taiwan, Thailand and Vietnam. In this capacity, he will be a key source of support and guidance to country CEOs. At the same time, Rikhye will maintain his responsibilities as Head of Strategy and Planning Asia Pacific until a successor is appointed.

Peter Wong, Chief Executive Officer of HSBC Asia Pacific, said: “As Asia continues to be one of the world’s fastest growing and dynamic economic regions, I am pleased to have Jayant by my side, helping to oversee an important region for the group. We will put his knowledge of Asia and invaluable experience gained in strategy and planning to good use, as we continue to drive for growth in Asia.”

Rikhye joined the HSBC Group in 1989 in India. Since then, he has worked in a number of countries in a variety of functions including Operations in India, Internal Control and Securities Services in the Philippines, Corporate Banking in Taiwan and Financial Institutions Group and Institutional Fund Services in Hong Kong. His more recent appointments include Acting Chief Operating Officer for The Saudi British Bank in Riyadh, Saudi Arabia, and Head of Securities Services for the Middle East and North Africa based in the United Arab Emirates.