HSBC unveils new CEO for Sri Lanka, Maldives operations

The HSBC bank group has unveiled the identity of its new Chief Executive Officer (CEO) who will oversee the company’s business interests in Sri Lanka and the Maldives from later this year, according to media reports.

Patrick Gallagher, present CEO for the multinational banking giant’s operations in Bahrain, will take up the same role for the company within the Indian Ocean nations from April 30, 2013, the Sri Lanka-based Daily Mirror newspaper has reported.

If the appointment receives regulatory approval, Gallagher will be replacing Nick Nocolau as the CEO of HSBC Sri Lanka and Maldives.

Gallager has headed up HSBC’s operation in Bahrain since November 2009.