HSBC Appoints First Malaysian Deputy CEO

By Roubeeni Mohan

HSBC has appointed Malaysian Lim Eng Seong to succeed James Gossip as Deputy Chief Executive Officer (Deputy CEO) effective 1 July 2019. Gossip will be retiring after an eight year-stint in Malaysia.

The foreign bank is confident that with his calibre and background, Lim will play a key role in building on HSBC’s robust franchise in Malaysia.

“The appointment of a Malaysian to a very senior role here demonstrates HSBC’s recognition of local talent to drive to drive the local business. With his leadership skills and substantial years of experience in the banking sector and fast-moving consumer goods (FMCG), we look forward to Eng Seong working closely with our leadership team in Malaysia in leading HSBC’s next phase of growth in the country,” said Stuart Milne, Chief Executive Officer, HSBC Bank Malaysia Bhd.

Lim brings a deep understanding of the Malaysian market, both from his time with HSBC as well with a large FMCG Company, where he has worked for 12 years across ASEAN countries before joining HSBC.

A graduate of University Malaya, Lim joined HSBC in 2007. In his 12 years with HSBC, the Melaka-born has worked in both Malaysia and Hong Kong.

He was the Country Head of Retail Banking and Wealth Management in Malaysia, and most recently was in Hong Kong working in Commercial Bank.