David Liao and Surendra Rosha Appointed as Co-Chief Executives for Asia Pacific

HSBC announced the appointment of David Liao and Surendra Rosha as Co-Chief Executives of HSBC Asia Pacific, with immediate effect. They will share pan-regional leadership responsibilities that include jointly leading regional businesses and functions, embedding purpose, values, and culture, developing leadership and talent, and overseeing risk, capital, and liquidity levels. David and Surendra will also be promoted to Group Managing Director and will join the HBAP Board as Executive Directors. They will be based in Hong Kong, and will report directly to Noel Quinn, Group Chief Executive, and will join the Group Executive Committee.

HSBC Holdings plc is a British multinational investment bank and financial services holding company. It is the second-largest bank in Europe, with total assets of US$2.984 trillion (as of December 2020). HSBC has around 3,900 offices in 65 countries and territories across Africa, Asia, Oceania, Europe, North America, and South America, and around 38 million customers.