Asia-focused, London-headquartered HSBC has recently made five key appointments to its global private banking ( GPB ) team in South Asia, with the aim of “building a high-performing team that embodies the bank’s vision for growth and client excellence in the region."

Urban Binggeli takes over as the bank’s GPB desk head for Indonesia, bringing over 15 years of experience in wealth management and ultra-high-net worth ( UHNW ) client advisory.

As a market team head at UBS and Credit Suisse, Binggeli spearheaded transformative growth in the Indonesian market, successfully delivering bespoke investment solutions and fostering cross-regional collaboration between Asia-Pacific and Europe. His leadership has driven the implementation of innovative strategies tailored to meet the complex needs of UHNW clients and family offices.

In his new role, he will lead the bank’s strategic efforts to strengthen relationships with UHNW clients and family offices, driving growth in the Indonesian market. He reports to Hammad Hashmi, market head for Singapore, Malaysia and Indonesia at HSBC GPB.

Benjamin Wang has been appointed GPB desk head for Thailand, effective January 18. With over two decades of experience in private banking and wealth management, Benjamin has been serving as interim desk head for Thailand since July 2024.

In his role, Wang will lead the Thailand offshore and onshore teams based in Singapore and Bangkok, focusing on driving performance and client coverage strategies. He has a proven track record of managing UHNW and high-net-worth ( HNW ) client relationships across Hong Kong and Southeast Asia, as well as delivering strong business results.

His leadership, the bank notes, will be pivotal as it continues to grow its presence in Thailand, a key market with significant opportunities. Based in Singapore, Wang will also report to Hashmi on an entity basis and Abhishek Mehrotra, market head, Southeast Asia international, on a functional basis.

Annie Lim was appointed GPB desk head for Singapore on December 2 2024. She joined HSBC from Lombard Odier, bringing over 29 years of experience in wealth management and client advisory, including deep expertise in serving UHNW clients and family offices.

Lim’s career highlights include senior roles at Credit Suisse, Standard Chartered and American Express Bank, where she developed a reputation for delivering bespoke client solutions. In her role, she will focus on deepening relationships with UHNW clients and family offices.

Hammad Hashmi was appointed as the bank’s market head for Singapore, Malaysia and Indonesia, last November. In this role, he leads and manages the desk heads and relationship managers covering Singapore, Malaysia and Indonesia, and the development of the US$2 million to US$10 million segment.

Hashmi has over 25 years of experience in financial services and wealth management. He joined HSBC in 2007 and has covered various markets, including Indonesia, Malaysia, Pakistan and Sri Lanka, in roles such as Indonesia senior desk head and Malaysia desk head. Prior to HSBC, he worked with Deutsche Bank in Pakistan and Singapore.

Abhishek Mehrotra was appointed at the bank’s market head for Southeast Asia international last November. He leads and manages the desk heads and relationship managers covering the Philippines, Thailand, Vietnam, Japan and Australia, as well as the development of the UHNW client segment.

Mehrotra has over 20 years of banking experience, with the last 14 years in private banking. He has held senior roles, including UHNW desk head and senior desk head for the Philippines, Japan, global India and the Middle East and North Africa teams based in Hong Kong. He has been with HSBC since 2004, working across commercial banking and private banking in India, the Philippines and Hong Kong.

“These appointments demonstrate our deliberate focus on deepening expertise, promoting internal talent, and attracting industry leaders,” says Tommy Leung, the bank’s head of GPB for South Asia. “This bolstered team will play a critical role in delivering innovative solutions and meeting the evolving needs of our UHNW and HNW clients across the region.”