HSBC Holdings Plc has hired Omar Siddiq from CIMB Group Holdings Bhd. to head its Malaysian unit, the bank said in a statement on Wednesday
The announcement confirmed an earlier report by Bloomberg News, which cited people with knowledge of the matter, that the head of CIMB Group’s wholesale banking division and deputy chief executive officer of CIMB’s Malaysia business will join the U.K. lender after serving a gardening leave period.