HSBC Global Private Banking has announced a series of senior appointments across Southeast Asia and the Global India market, aiming to bolster its frontline and risk management capabilities. These strategic hires reflect HSBC’s commitment to expanding its services for high-net-worth (HNW) and ultra-high-net-worth (UHNW) clients in the region, enhancing its ability to offer cross-border solutions.
The appointments include Edy Panggabean as Senior Relationship Manager and Cluster Head for Indonesia, and Xilin Yeo as Relationship Manager, both joining from UBS Global Wealth Management. Kraisit Buakruen has been appointed as Relationship Manager in Singapore, bringing experience from Kasikornbank. Fiona Gan joins the Greater China team, whilst Shobana Vaidhyanathan and Sangeet Batra strengthen the Global India team in Singapore.
In addition to expanding its frontline team, HSBC is enhancing its client lifecycle management (CLM) and risk functions. Clarence Arokiasamy has been named Regional Head of CLM, and Souvik Bera joins as Regional Head of CDD Business Advisory. Samm Zhuo will lead CLM in Singapore, and Minying Chen will oversee CDD Quality Assurance. Liam Gormley has been appointed Senior Business Financial Crime Risk Manager.
Tommy Leung, Head of Global Private Banking, South Asia, stated, “Our ambition is not just to grow, but to grow responsibly. We are investing in both our frontline bankers and our client lifecycle management teams to ensure that as our clients’ needs expand across borders, we are able to meet them with the highest standards of service, security, and risk management.”
These appointments underscore HSBC’s dual focus on delivering personalised solutions and strengthening safeguards, positioning the bank for sustainable growth over the next three to five years.
