People Digest: Hussain is HSBC Singapore chairman; TransPacific names HK director

HSBC Bank (Singapore) Limited has appointed Mukhtar Hussain as chairman while TransPacific Group has inducted Akito Hattori as director in its Hong Kong office.

HSBC Singapore names Mukhtar Hussain as chairman 

HSBC Bank (Singapore) Limited has appointed veteran Mukhtar Hussain as chairman and director of the bank effective October 17. Hussain was the head of Belt and Road Initiative (BRI) for HSBC Asia Pacific since April 2018 and, prior to that, was the chief executive officer for HSBC’s businesses in Malaysia since 2009. He has been with HSBC since 1982.

HSBC Singapore has announced a three-year strategic plan that involves supporting Southeast Asia’s rising wealth and digital consumption, infrastructure and sustainable finance activity across the region. It is also seeking to support Singapore as a hub for ASEAN SMEs and corporates.

Hussain takes over from Guy Harvey-Samuel, who will step down from the position. He will maintain his position as non-independent executive director of HSBC Bank Malaysia Berhad and HSBC Amanah Malaysia Berhad.

TransPacific Group appoints director at HK office

TransPacific Group, a placement agent for institutional investors based in Asia, has appointed Akito Hattori, formerly with HarbourVest Partners Japan, as a director in its Hong Kong office, according to an announcement.

Hattori will primarily focus on institutional investor relationships and fundraising activity in Japan.

“TransPacific represents some of the very best private fund managers in the world, and I look forward to helping these managers build quality, long-lasting relationships with leading Japanese institutional investors,” said Hattori. TransPacific Group has relationships with Asian institutional investors such as Madison Dearborn Partners and Riverstone Holdings.

Hattori has also served stints at JP Morgan and Credit Suisse Japan.

Also Read:

People Digest: Sun Capital’s joint MD Ajay Jain quits; T-Hub CEO joins SRI Capital

HSBC appoints Tony Cripps as Singapore CEO

 

The post People Digest: Hussain is HSBC Singapore chairman; TransPacific names HK director appeared first on DealStreetAsia.

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