He was formerly based in Hong Kong.
Before his appointment, Sud was based in Hong Kong running HSBC's Asia-Pacific consumer assets business.
HSBC India's retail and wealth management division reported a pretax profit of US$41 million in 2012 after taking losses for the previous two years. The division posted a loss of US$14 million in 2011 and US$83 million in 2010, said HSBC.
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