Published by Hubbis – 30th Aug 2018
HSBC Private Banking confirms Sanjay Shah is appointed Desk Head, International Markets. Based in Singapore, he will support on the continued build-out of the bank’s offshore India business and oversee wealth management strategies for its international client base.
He joins with 18 years’ of international private banking experience spanning India, Hong Kong, Switzerland and Singapore with leading private banks. Sanjay reports directly to Sundar Ramani, Market Head, Australia, International, Offshore Japan and Offshore India, who re-joined in April 2018.
Furthermore, Amit Ratadia, Relationship Manager, International Markets is appointed Senior Director. He joins with 16 years of experience in the Middle East and Singapore. He reports directly to Sanjay.
Commenting on the announcement, Philip Kunz, Head of Southeast Asia, said “Central to our growth strategy is tapping into our corporate banking relationships. Last year alone this contributed more than half of all net new money for the private banking business globally. Underlying this are clients who are already international and need a global network to meet their investment needs. The build-out of our international markets team enables us to continue tapping into our HSBC network and deliver that connectivity for customers.”
This announcement is in addition to HSBC Private Banking plans to grow headcount including the addition of 40 roles in Singapore in 2018.
Sanjay and Amit’s appointments are effective immediately. In addition, two more Senior Directors are joining Sanjay’s team. This will be announced in due time.
