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Former SBI chairman Rajnish Kumar joins HSBC board in Asia

“Rajnish’s depth and breadth of experience across India’s financial industry will be an invaluable addition to the Board of the Group’s flagship Asian entity as HSBC directs its focus towards the region. The opportunities presented by its 1.4 billion population, 18 million non-resident Indians and 40,000 MNCs make India a key component of HSBC’s growth strategy," said Peter Wong, chairman of HSBC Asia.

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