Sumit Dutta has officially assumed his role as Chief Executive Officer for HSBC Bank Vietnam, the bank said in a statement last week.
Since May 2011, Sumit has replaced HSBC's former CEO Tom Tobin, who oversaw the bank's operations through its local incorporation in January 2009.
HSBC said Sumit has worked in Vietnam since August 2008, when he took the post of Executive Director for Techcombank, HSBC's strategic partner.
"In my last three years in Vietnam, I have been continually surprised by the country's rapid development, the bank's constantly expanding operations and the business opportunities available here," Sumit said.
"This is a country of great potential, and I am confident that HSBC can play a contributory role in the emergence of Vietnam as a rising economic power," he said.