HSBC India has made yet another appointment in the seniot management level. The bank has appointed Sunil Sanghai as its Managing Director and Head for Global business in India.

Before joining HSBC, Sanghai has worked with Goldman Sachs where he was holding the post of Managing Director Co-Head Investment Banking India.

HSBC CEO India Stuart Davis said, "Sunil's appointment is an example of our continued focus on our Global Banking business in India. His experience will add to our coverage and management depth, and help us further develop our Global Banking capabilities and franchise in line with the HSBC Group's emerging markets-led and financing-focused strategy."