The Hongkong and Shanghai Banking Corporation (HSBC) has appointed Surendra Rosha as Chief Executive Officer for HSBC India, the lender said on Monday. Mr. Rosha succeeds Jayant Rikhye, who is taking leave of absence for medical reasons. The appointment is subject to regulatory approvals.

Mr. Rosha (50), who is currently HSBC’s Head of Financial Institutions Group (FIG) for Asia-Pacific, has extensive experience in working with retail and commercial banks.

Mr. Rosha began his financial services career when he joined HSBC’s Indian operations in 1991, and returns to India after 13 years of working abroad.

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