HSBC plans to split leadership of Asia with two co-heads: report

Wong protege David Liao and India’s Surendra Rosha are rumored to become co-heads.

HSBC reportedly plans to split the job of overseeing the bank’s Asian business with two co-CEOs as the regional head Peter Wong prepares to step down from the role, according to people familiar with the matter.

According to a report by Bloomberg, HSBC plans to appoint Wong’s protege David Liao, and the chief executive of its Indian business, Surendra Rosha, as joint heads of its Asian arm this year.

Liao is likely to manage Greater China, while Rosha will oversee the rest of the region, one source said.

Wong is expected to take a non-executive chairman role at the bank’s Asian business, two other people said. A bank spokeswoman declined to comment.

Here’s more from Bloomberg.

Follow the links for more news on

HSBC

appointment

leadership

Peter Wong

Also Read

Bangkok Bank logs net profit of $1.05b for 9M 2024

Banks face value creation challenge despite record revenues

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit