HSBC Appoints Ishan Sarkar as New Head of Wealth and Premier Solutions in Singapore

Investor - People | Jun 20, 2025 | HSBC Private Bank Suisse SA

HSBC Appoints Ishan Sarkar as New Head of Wealth and Premier Solutions in Singapore

HSBC has announced the appointment of Ishan Sarkar as the new Head of Wealth and Premier Solutions based in Singapore, effective from 1 July 2025. Reporting to Ashmita Acharya and Stefan Lecher, Sarkar will lead efforts to enhance HSBC's wealth management offerings in Singapore, focusing on a diverse range of client segments from Premier to Ultra-High Net Worth individuals. Ishan Sarkar, who has significant experience in investments and sales spanning two decades, aims to implement a comprehensive strategy for wealth product development and client service enhancement. This appointment reflects HSBC's commitment to leveraging its global capabilities to cater to the increasing demand for sophisticated wealth management solutions in Singapore, underscoring its ambition to be a leader in international wealth banking.

Sectors

  • Wealth Management
  • Banking and Financial Services

Geography

  • Singapore – The focus of the article is on HSBC's strategic initiatives and leadership appointments in Singapore.
  • Asia – Ishan Sarkar will report to Stefan Lecher, who oversees Wealth and Premier Solutions for the entire Asia region, indicating a broader geographical relevance.

Industry

  • Wealth Management – The article discusses HSBC's efforts to enhance their wealth management services in Singapore through strategic leadership appointments.
  • Banking and Financial Services – HSBC operates within the banking and financial services sector, highlighted by its comprehensive service offerings in this article.

Financials

  • USD3,001 billion – Total assets of HSBC Holdings plc as reported at 31 March 2024.

Participants

NameRoleTypeDescription
Ishan SarkarHead of Wealth and Premier SolutionsPeopleRecently appointed as Head of Wealth and Premier Solutions in Singapore.
HSBC SingaporeEmploying EntityCompanyThe branch of HSBC responsible for local banking operations and the strategic focus of the appointment.
Ashmita AcharyaHead of International Wealth and Premier Banking, SingaporePeopleOne of the executives Ishan Sarkar will report to in his new role.
Stefan LecherHead of Wealth and Premier Solutions AsiaPeopleOversees the Asia region for Wealth and Premier Solutions and is one of the executives Ishan will report to.