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Detailed explanation-1: -Mumbai: Jayant Rikhye has been appointed as the chief executive of India operations of Hongkong and Shanghai Banking Corp. Ltd (HSBC), the bank announced on Monday. He will take charge from 1 December and will be succeeding Stuart Milne.

Detailed explanation-2: -The Reserve Bank of India (RBI) has approved the appointment of Hitendra Dave as Chief Executive Officer, HSBC India for a period of three years with effect from August 24, 2021, the bank said in a press release on August 25.