The Hongkong and Shanghai Banking Corporation (HSBC) has appointed Jayant Rikhye as head of international Asia Pacific, with effect from 18 March. Rikhye replaces Guy Harvey-Samuel, who has been appointed chief executive officer (CEO) 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 he 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.
Rikhye joined the HSBC Group in 1989 in India and 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 (FI) group and institutional fund services in Hong Kong. His more recent appointments include acting chief operating officer (COO) for The Saudi British Bank in Riyadh, Saudi Arabia, and head of securities services for the Middle East and North Africa (MENA) based in the United Arab Emirates (UAE).
The T+2 Industry Steering Committee (T+2 ISC) has welcomed recent action by the Securities and Exchange Commission (SEC) to propose a rule ... read more
The proposals of both US presidential candidates could shake up operating conditions in several sectors, reports the credit ratings agency.
The Danish shipping and oil conglomerate confirmed that it will separate its businesses into stand-alone transport and energy divisions.
The central bank has tweaked its stimulus programme and is making a fresh effort to push Japan’s inflation rate above its 2% target.