The appointment would be effective from December 1 subject to regulatory approvals, HSBC said in a statement.
In his new role, Rikhye will lead HSBC's next phase of growth in the country, where he first joined the Group in 1989, it said.
An HSBC Group General Manager, Rikhye is currently Head of International, Asia-Pacific, responsible for 11 markets in the region.
He succeeds Stuart Milne, who is also a Group General Manager, after five years in the role, it said.
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