HSBC appoints new Indonesia country head

HSBC veteran Michael Young succeeds Rakesh Bhatia as the bank's Indonesia head in Jakarta.

HSBC appoints new Indonesia country head
Michael Young

HSBC has appointed Michael Young as its new country head and chief executive officer for Indonesia. He succeeds Rakesh Bhatia who has been in charge since June 2007.

“Young will be focused on ensuring that we meet the group’s expectations of Indonesia as one of our six core markets in emerging Asia,” Peter Wong, chief executive of HSBC unit The Hong Kong and Shanghai Banking Corp, said in a statement yesterday.

Young is currently deputy chief...

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