HSBC veteran Jayant Rikhye has been made the bank’s new head of international Asia-Pacific. In his new position, he will have direct responsibility for a dozen markets within the region.
The role involves providing support, strategic help and general guidance to the country heads of Bangladesh, Brunei, Indonesia, Japan, Korea, Mauritius, New Zealand, Philippines, Sri Lanka, Taiwan, Thailand and Vietnam. They will report to him, but business heads within those countries have separate reporting lines.
He will start the Hong Kong-based job on March 18, and replaces Guy Harvey-Samuel, who has been appointed chief executive officer for HSBC Singapore. Rikhye reports directly to Peter Wong, CEO of HSBC Asia-Pacific.
“As Asia continues to be one of the world’s fastest growing and dynamic economic regions, I am pleased to have [Rikhye] by my side, helping to oversee an important region for the Group,” said Wong. “We will put his knowledge of Asia and invaluable experience gained in strategy and planning to good use, as we continue to drive for growth in Asia.”
Until a successor is found, Rihkye will also maintain his current responsibilities as head of strategy and planning for Asia-Pacific, overseeing strategic planning and working closely with country CEOs and business heads in all markets across the region.
Rikhye joined HSBC in 1989 in India. Since then, he has worked in several countries in a variety of functions including operations in India, internal control and securities services in the Philippines, corporate banking in Taiwan and financial institutions group and institutional fund services in Hong Kong.
More recently, Rikhye was acting chief operating officer for Saudi British Bank in Riyadh and head of securities services for the Middle East and North Africa based in the United Arab Emirates.
