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HSBC appoints new desk head for key markets

Newsflash Asia

- May 16, 2025

HSBC Global Private Banking has announced the appointment of Kapil Khanna as Desk Head for Australia, Japan, and International, effective 14 July 2025. Based in Singapore, Khanna will spearhead the growth and client coverage strategy for these significant markets, reporting to Abhishek Mehrotra, Market Head, Southeast Asia International.

Khanna brings a wealth of experience in managing ultra-high-net-worth (UHNW) client relationships across the Asia-Pacific (APAC) and Europe, the Middle East, and Africa (EMEA) regions. Originally from Australia, he began his career in investment banking in Sydney, gaining substantial expertise in the Australian wealth management industry before expanding his reach across APAC and EMEA.

Prior to this role, Khanna served as Head of International Investment Counselling at HSBC and has held various leadership positions, including UHNW investment counsellor and cluster head, overseeing teams that service clients across the region.

Tommy Leung, Head of Global Private Banking, South Asia, commented on the appointment, highlighting the strategic importance of the Australia, Japan, and International markets. “With Kapil’s extensive experience across both institutional and private banking, including his deep understanding of the Australian market, he is well-positioned to lead our efforts to deepen client relationships and strengthen our foothold in these developed economies,” Leung stated.

This appointment underscores HSBC’s commitment to delivering bespoke wealth solutions to clients in developed economies, leveraging the bank’s global reach and local expertise. The move aligns with HSBC’s long-term growth strategy, as the global high-net-worth individual (HNWI) population is projected to grow by 28.1% from 2023 to 2028.
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This story was selected and published by a human editor, with content adapted from original press material using AI tools. Spot an error? Report it here.

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