In a recent development, the HongKong and Shanghai Banking Corporation (HSBC) has elevated Surendra Rosha as the new Chief Executive Officer, the bank announced it on Monday. Currently, He is the Managing Director based out in HongKong. He will take over from Jayant Rikhye, who is the CEO for HSBC India as the appointment is still under regulatory consideration for approval. 

Rosha is an expert in financial banking and he is associated with the bank for more than twenty-seven years. He has worked in India and HongKong for the bank. He joined the company in 1991 for the India operations. Rosha is an alumnus from Indian Institute of Ahmedabad.