HSBC Bank (Singapore) Limited has today announced the appointment of Anurag Mathur as Head of its Retail Banking and Wealth Management (“RBWM”) business in Singapore. It follows the appointment of HSBC Singapore’s current Head of RBWM, Matthew Colebrook, to lead HSBC’s RBWM business for the Middle East region.
In the role, Mr Mathur will be responsible for driving and executing HSBC’s strategy for the RBWM business in Singapore. He will report to HSBC Singapore’s Chief Executive Officer, Guy Harvey-Samuel and HSBC’s Head of RBWM of Asia-Pacific, Kevin Martin.
Having joined the HSBC Group in Hong Kong in 2009, Mr Mathur has held senior roles for RBWM including product management, strategic planning and business performance management.
Most recently, he was the Head of International Markets for RBWM in Asia which involved overseeing the growth strategies and transformation agendas for HSBC in Bangladesh, Brunei, Macau, Mauritius, New Zealand, Philippines, Sri Lanka and Vietnam.
On the appointment, Mr Harvey-Samuel said: “Singapore’s standing as a capital, investment and wealth hub for South-east Asia makes it a top-7 priority growth market for HSBC globally and has enabled us to extensively invest in our retail business over the past three years including branch expansions and upgrades, introducing digital innovation and most recently transferring RBWM into a locally incorporated subsidiary of HSBC Singapore in May this year.”
“With Anurag’s track record and breadth of experience, I am very confident that he will be able to further build the business as we enter our next phase of growth – this time as a new retail bank.”
Mr Martin added: “Anurag has been instrumental in transforming and growing our international businesses in Asia Pacific. We’re delighted to have him to lead the business in Singapore and to continue to grow our business by ensuring we understand and meet the needs of the communities which we serve in Singapore.”
“We see great opportunity for RBWM in Singapore and continue to invest in our people, products and
services.”
In his career spanning more than 20 years, Mr Mathur has worked in Singapore, Australia and Hong Kong. He holds a Master of Business Administration (Financial Management) from the University of Western Australia and is a Member of the Australian Institute of Company Directors.
Mr Mathur’s appointment, subject to local regulatory approval, will be effective from 17 September 2016.
Re-disseminated by The Asian Banker