By Selena Li
HONG KONG (Reuters) – HSBC has promoted Chito Jeyarajah as its head of investment banking in Asia, the latest key appointment at the Asia-focused bank amid its global investment banking overhaul.
Jeyarajah, currently HSBC’s head of equity capital markets (ECM) in Asia Pacific, will take up the new role from April 1, a company spokesperson confirmed with Reuters on Friday.
He joined HSBC in 2017 from Goldman Sachs, after being a managing director at the Wall Street bank’s investment banking division.
The appointment comes after HSBC in December announced Hong Kong-based Matthew Ginsburg – a former Morgan Stanley and Barclays veteran and its global co-head of investment banking – would leave the bank.
HSBC launched a sweeping overhaul last year aimed at streamlining costs and improving decision-making, and includes merging its global and commercial banking divisions and shuttering M&A and ECM in Europe and Americas.
(Reporting by Selena Li; Editing by Eileen Soreng)
