HSBC gets new country head of wholesale banking

The Hongkong and Shanghai Banking Corporation (HSBC) has appointed a new country head of wholesale banking in Bangladesh, effective from February 13 and subject to regulatory approvals.

The appointee, Gerard Kevin Haughey, brings almost 25 years of experience working in all business lines and multiple functions in HSBC across Asia, Europe and North America, said a press release.

He most recently co-led the bank's global trade and receivables finance business in the UK, providing a full range of working capital solutions to clients. 

Commenting on the appointment, Md Mahbub ur Rahman, chief executive officer of HSBC Bangladesh, said, "Bangladesh is one of Asia's dynamic emerging economies. Gerard's wealth of experience in diversified functions and continents will further complement our leadership position in Commercial Banking regionally and will build upon the momentum we have already created, serving our customers in Bangladesh even better."