Strategy & Practice Management

HSBC PB appoints new NRI head in Singapore

Sundar Ramani has re-joined the private bank in a newly created role as International and NRI Market Head.

HSBC Private Banking has announced the expansion of its International and Non-Resident Indian (NRI) team in Singapore with a key management hire.

According to an April 2 statement, Sundar Ramani has re-joined the private bank in a newly created role as International and NRI Market Head. 

Ramani will be based in Singapore and be responsible for business development across Europe, Middle East, and Australia markets along with the NRI segment. 

He will report to Philip Kunz, Head of South-east Asia, HSBC Private Banking.

Ramani, who previously spent eight years with HSBC Singapore overseeing the Malaysia market and South Asian segment regionally, was most recently at JP Morgan, where he was Global Head, NRI Markets. 

Ramani’s appointment closely follows HSBC Singapore’s recent announcement of a three-year plan to grow its presence and market share and the intended hiring of more than 300 new employees.