Tag: appointed

HSBC appoints Hitendra Dave as India CEO

Banking & Finance

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HSBC on Monday announced that Hitendra Dave will be appointed as Chief Executive Officer of HSBC India on receipt of regulatory approval. He has been appointed interim Chief Executive Officer, with effect from June 7.

“Dave succeeds Surendra Rosha who, after three years, is moving to Hong Kong as the Co-Chief Executive of HSBC, Asia-Pacific,” the bank said in a statement.

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Dave, formerly Head of Global Banking and Markets of HSBC India, has almost 30 years’ work experience in the Indian financial markets, of which the last 20 have been with HSBC.

A post graduate in Business Administration, Dave joined the bank in 2001 in the Global Markets business.

HSBC India’s digital banking for corporate customers

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T Rabi Sankar appointed RBI Deputy Governor

Banking & Finance

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The Appointments Committee of the Cabinet has approved the appointment of T Rabi Sankar, Executive Director, RBI, as Deputy Governor of Reserve Bank of India (RBI) for a period of three years.

He succeeds B P Kanungo, who retired on April 2.

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Currently, Rabi Sankar is in charge of Fintech, department of IT, RTI, risk monitoring, department of payment and settlement systems. The RBI has in all four Deputy Governors.

The other three serving Deputy Governors are Mahesh Kumar Jain, Michael Patra and M Rajeshwar Rao.

Expect RBI to go in for policy normalisation in second half of FY’22: UBS Securities

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