KUALA LUMPUR: HSBC has appointed Lim Eng Seong as deputy chief executive officer (CEO) for Malaysia, effective July 1, 2019.
Lim will succeed James Gossip who is retiring after an eight-year stint here.
Lim joined HSBC in 2007 and in his 12 years with the group, he has worked both in Malaysia and Hong Kong.
He was Malaysia country head of retail banking and wealth management and most recently, was in Hong Kong working in commercial banking.
HSBC said Lim brings a deep understanding of the Malaysian market, both from his time with HSBC as well with a large fast-moving consumer goods company (FMCG), where he worked for 12 years across Asean countries before joining HSBC.
“HSBC takes pride in having Lim as the first Malaysian deputy CEO. The bank is confident that with his caliber and background, he will play a key role in building on HSBC’s robust franchise in Malaysia,” the bank said in a statement.
HSBC Bank Malaysia Bhd CEO Stuart Milne said the appointment of a Malaysian to a very senior role here demonstrates the group’s recognition of local talent to drive the local business.
“With his leadership skills and substantial years of experience in the banking sector and FMCG, we look forward to Lim working closely with our leadership team in Malaysia in leading HSBC’s next phase of growth in the country,” he said.