HSBC India has appointed Sanjiv Sud as new head of its wealth management and retail banking business.
Sud will be responsible for HSBC’s premier and advance propositions, wealth management, liabilities, consumer assets, NRI business and the distribution network.
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He will be replacing Gannesh Bharadhwaj, who left HSBC in May this year.
Prior to this role, Sud was based in Hong Kong, where he managed HSBC’s Asia-Pacific consumer assets business.
Sud who joined the HSBC Group in 1991 in India has experience across the whole range of retail banking and wealth management. He worked internationally in a number of markets in Asia and West Asia, including Hong Kong, Indonesia, Taiwan, Malaysia and the United Arab Emirates.
Stuart Milne, group general manager and CEO of HSBC in India, said: "After successful stints in various countries, I am confident that he will continue to build our retail and wealth management business in India."
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