Financial Daily from THE HINDU group of publications Friday, May 21, 2004 |
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Money & Banking
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Foreign Banks Naina Lal Kidwai, HSBC Deputy CEO Our Bureau
Mumbai , May 20 HSBC has announced several top-level executive moves and new assignments in its India operations with the most prominent among them being Ms Naina Lal Kidwai, who has been promoted as the Deputy CEO of the bank. This is in addition to her existing responsibility of Vice-Chairman and MD of investment banking arm, HSBC Securities and Capital Markets India Pvt Ltd. Other moves include that of Mr Simen Munter as COO in India. He was earlier deputy CEO of HSBC in Turkey while Ms Nancy Dickinson will take over as Regional Head of Northern India. Mr Subir Mehra former head of NRI services has now become the head of the commercial banking business and Mr Satish Janardhanan previously manager of the IT unit has now become the head of IT at the bank. Mr Punnet Chaddha, former head of custody and clearing, has now become head of the bank's cards business. Mr Ravininder Singh, former head of corporate banking for Western India, has now become the head of corporate banking in India.
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