HSBC announced Hitendra Dave appointed as the chief executive officer (CEO) of HSBC India on receipt of regulatory approval, and has been appointed the interim CEO.
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Dave is a postgraduate in business administration and holds a degree in Economics from Delhi University.
Dave succeeds Surendra Rosha who will be moving to Hong Kong as the co-chief executive of HSBC Asia-Pacific.
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.