HSBC announces two key appointments in India

Global financial services major, HSBC has announced two key appointments for its India operations.

Global financial services major, HSBC on Monday announced two key appointments for its India operations.

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While Vikramaaditya will take over as the Chief Executive Officer of HSBC Asset Management, Kapil Seth has been named as the head of HSBC Securities Services, the bank said in a statement in Mumbai.

Vikramaaditya was earlier serving as the head of HSBC Securities Services, with responsibility for custody, fund accounting and corporate trustee businesses for the bank in the country, the bank said.

Prior to the present appointment, Seth was serving as the head of corporate banking in South India.