• The Hongkong and Shanghai Banking Corporation Ltd. (HSBC) has appointed Hitendra Dave as the chief executive officer (CEO) of HSBC India.
• However, Dave’s appointment is subject to regulatory approval and until then he will work as interim CEO, with effect from 7 June 2021.
• Dave succeeds Surendra Rosha, who has been appointed as the Co-Chief Executive of HSBC, Asia-Pacific.

HSBC

• Founded: 3 March 1865, Hong Kong.
• Founder: Thomas Sutherland.
• Headquarters: London, United Kingdom.
• CEO: Noel Quinn.