peter wong

Jayant Rikhye replaces Guy Harvey-Samuel as HSBC's head of international, covering a dozen countries within Asia-Pacific.

Hong Kong is in the firing line for the 30,000 jobs that HSBC will cut, says Stuart Gulliver, although the bank will also be hiring in Asia-Pacific in some specific areas.

Peter Wong takes over the role Vincent Cheng vacated in May, as chairman of HSBC China.

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

Wong, who takes the step up from deputy CEO, has more than 25 years of commercial and investment banking experience in Greater China and the Asia-Pacific region.

Asia accounted for two-thirds of HSBC's global profits in the first six months of this year, and executive director Peter Wong is upbeat about the bank's future plans for the region.