HSBC Asia appoints former SBI chairman Rajnish Kumar as director

Banking giant HSBC has appointed former SBI chairman Rajnish Kumar as a non-executive director for its Hong Kong-headquartered Asia unit. Kumar, who retired from the country's largest lender after four decades of service in October last year, was previously appointed as senior advisor by Baring Private Equity Asia and an advisor to Kotak Investment Advisors.

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