Further to the announcement on 16 August 2021, HSBC Insurance (Asia Pacific) Holdings Limited, an indirect wholly-owned subsidiary of HSBC Holdings plc (HSBC), announced it has completed the acquisition of 100% of the issued share capital of AXA Insurance Pte Limited (AXA Singapore) for a consideration of US$529m, subject to closing adjustments. Surendra Rosha, Co-CEO,…
Foreign lender HSBC on Monday announced the appointment of bank veteran Hitendra Dave as its new chief executive for India, according to PTI report. Dave, who had been heading the largest profit contributing segment of global banking and markets, succeeds Surendra Rosha, as per an official statement. Rosha is moving to Hong Kong as the co-chief executive of HSBC…
CreditAccess Grameen Limited, India’s leading NBFC-MFI has been awarded as the ‘Microfinance Organization of the Year’ at the prestigious 16th Inclusive Finance India Awards 2019 held in New Delhi. Krishnamurthy Subramanian, Chief Economic Advisor, Government of India and Surendra Rosha, Chief Executive officer, HSBC India presented the award on the inaugural day of Inclusive Finance…