HSBC Private Banking has appointed Jyrki Rauhio as regional head of credit advisory for Asia-Pacific, effective November 2 2020.

Rauhio joins HSBC from Citigroup where he spent over 25 years in various roles across multiple cities spanning Helsinki, New York, Warsaw and London, including over 12 years in Hong Kong and Singapore. In the last decade, he has held various senior leadership roles as managing director in Citi Private Bank --  in London as global chief operating officer; in Hong Kong as head of investment finance and banking for Asia-Pacific; and most recently, in Singapore as head of South Asia.

Rauhio replaces Desiree Lam, who will take up a new role within HSBC Private Banking working directly with Siew Meng Tan,  regional head of HSBC private banking, Asia-Pacific. Rauhio will report to Tan and Daniel Mentha, global head of credit advisory, global private banking.