Appointments

L to R: Samantha Ranatunga, Chairman, HVA Foods PLC; Jan Müggenburg, Chief Executive Officer, Müggenburg Group; Graham Stork, Chief Executive Officer, HVA Foods PLC; Sarva Ameresekere, Group Chairman, George Steuart & Co. Ltd.

Feb 06, 2013 (LBO) - HSBC has appointed Patrick Gallagher as chief executive for Sri Lanka and Maldives replacing Nick Nicolaou. The new appointment will take effect from April 30, 2013, subject to regulatory approval, the firm said in a statement.

Martin Tricaud, currently managing director, global head of multinationals, global banking and markets, will succeed Matthew Deakin as president and chief executive officer of HSBC Korea.

Deakin will become Chief Executive Officer of HSBC Bahrain, replacing Patrick Gallagher.

"These appointments are a true reflection of HSBC’s global expertise and management strength," Guy Harvey-Samuel, group general manager and HSBC Asia Pacific said in a statement.

"The three new CEOs have a combined 55 years of banking experience, and that’s just within the HSBC Group.

"Between the three of them, their careers with HSBC have spanned across Asia, Europe, Middle East, Latin America and Africa.

Our operations in Bahrain, Korea and Sri Lanka and Maldives will unquestionably gain from Matthew’s, Martin’s and Patrick’s invaluable experience and leadership."

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