<div class=newsTextDataWrapInner><p><span style="font-style: italics;">This article first appeared in The Edge Financial Daily on May 25, 2018</span></p></div><div class=newsTextDataWrapInner><p>KUALA LUMPUR: HSBC Bank Malaysia Bhd appointed Stuart Milne as its new chief executive officer (CEO) yesterday, replacing Mukhtar Hussain who will be moving to a new position as HSBC’s head of Belt &amp; Road Initiative (BRI), Asia-Pacific.</p></div>

<div class=newsTextDataWrapInner><p>“Stuart’s experience across businesses and geographies will be invaluable in leading HSBC Malaysia in its next phase of growth,” the deputy chairman and chief executive of The Hongkong and Shanghai Banking Corporation ltd, Peter Wong, said in a media statement yesterday.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>“Already a priority market of the HSBC group, Malaysia’s standing is further enhanced by its strategic importance within the Asean region and its growing participation in the Belt &amp; Road Initiative,” the statement added.</p></div>

<div class=newsTextDataWrapInner><p>Mukhtar had been HSBC’s CEO for eight years since Dec 15, 2009.</p></div>

<div class=newsTextDataWrapInner><p>In his new role, Milne, who joined the bank in 1981, will be based in Kuala Lumpur and will continue reporting to Wong, HSBC added.</p></div>

<div class=newsTextDataWrapInner><p>HSBC said Milne has worked in a variety of businesses across the United Arab Emirates, Hong Kong, the Philippines, France, the US, Japan and India.</p></div>

<div class=newsTextDataWrapInner><p>HSBC said Milne had been the CEO of the bank in India since 2012, prior to which he was heading the operations in Japan.</p></div>


KUALA LUMPUR: HSBC Bank Malaysia Bhd appointed Stuart Milne as its new chief executive officer (CEO) yesterday, replacing Mukhtar Hussain who will be moving to a new position as HSBC’s head of Belt & Road Initiative (BRI), Asia-Pacific.

“Stuart’s experience across businesses and geo...

HSBC appoints Milne as new CEO; Mukhtar heads its Asia-Pacific BRI

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