WHOLESALE BANKING | Staff Reporter, Singapore

HSBC names Kanakanjan Ray as Southeast Asia head of financial institutions group

He was previously the country head of financial institutions group.

HSBC has appointed Kanakanjan Ray to Head of Financial Institutions Group (FIG), Southeast Asia, a newly created role in its global banking and markets (GBM) division. 

In his new role, Ray will be responsible for driving the bank’s coverage of financial institution clients across Singapore, Indonesia, Malaysia, Philippines, Thailand and Vietnam, encompassing banks, brokers stock exchanges and insurance companies.

An industry veteran, Ray joined HSBC from ICICI Bank in Mumbai where he occupied senior roles with focus on relationship management, sales and client servicing of FIG clients. He initially joined HSBC India’s Securities Services before relocating to Hong Kong in 2008 where he held the position Director, Global Banking. He also held the role of country head of FIG.

Ray graduated with a Master of Business Administration from the Indian Institute of Management Calcutta and has a Bachelor of Information Technology from Delhi University.

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