Naina Lal Kidwai to step down as HSBC India chairperson in December

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New Delhi: HSBC India chairperson Naina Lal Kidwai will retire in Dec after a 13-year army with a bank, HSBC pronounced today.

“She will also step down from her position of executive Director on a Board of HSBC Asia-Pacific,” HSBC pronounced in a statement.

HSBC India chairperson Naina Lal Kidwai.HSBC India chairperson Naina Lal Kidwai.

HSBC India chairperson Naina Lal Kidwai.

“During this period, she has served HSBC with eminence in a series of comparison roles, and we wish her each success for a future,” Peter Wong, Chief Executive of HSBC Asia-Pacific said.

Kidwai assimilated HSBC in 2002 as Vice Chairman and Managing Director during HSBC Securities and Capital Markets, India and was allocated Group General Manager of a Bank in 2006.

She took over as CEO of HSBC India in 2007 and as authority of HSBC India in 2009.

“Having reached retirement age, it is time for me to pierce to opposite pursuits. we intend to spend some-more time in a areas of women empowerment and H2O and sanitation where we have been intent over a final decade in opposite capacities,” Kidwai said.