HSBC India appoints Aditya Gahlaut as head of biz banking

HSBC India today announced the appointment of Aditya Gahlaut as head of business banking for HSBC in India.

In this role, he will be responsible for providing strategic direction and day-to-day management of the group's SME business in India, a press release issued here stated.

Gahlaut joined the HSBC Group in 2000 and has had experience across the commercial banking, corporate banking and retail banking businesses.

Before taking over as HSBC India head of business banking, he was responsible for driving the strategy and products portfolio of the bank's commercial banking division, the release said.

Speaking on the appointment, HSBC India Managing Director and Head, Commercial Banking, Sandeep Uppal said, "Business banking is a key focus area for the HSBC group in India and we have expanded this business significantly over the past few years. We are confident that Aditya, who as head of commercial banking strategy was closely involved in the development of this business, will lead the unit to even greater heights."