HSBC's Asian head of risk management quits

Azam Mistry, HSBC's Asia-Pacific head of risk management, has left the bank, according to an HSBC official in Hong Kong.

While the official refused to comment further on Mistry's departure, he added that HSBC is seeking a replacment.

Mistry began his career at HSBC in 1993 as the head of its US derivatives team. He later moved to Singapore in 1996, where he headed up the bank's risk management advisory team. Prior to his departure, he carried out this role at the bank's Hong Kong headquarters.

Despite leaving the bank, Mistry still maintains his role as the first Asia, ex-Japan, representative on the International Swaps and Derivatives Association board.