Vinay runs global product for HSBC’s trade, receivable and supply chain finance business, which offers risk mitigation and financing solutions to support clients’ international and domestic trade needs. HSBC is the world’s largest trade bank facilitating more than USD800 billion of trade annually through 5,000 trade specialists in 56 markets.
Under Vinay’s leadership, HSBC is driving the digitisation of trade to facilitate more resilient and agile supply chains. HSBC is forging public and private partnerships within the trade ecosystem and with FinTechs to accelerate digitisation and to also develop sustainable trade finance solutions. Vinay is passionate about overcoming challenges leading to a trade finance gap that hits emerging markets and SMEs the hardest by leveraging new technologies, including blockchain, data based credit decisioning, AI and IoT.
Vinay is on the Board of R3 – a blockchain enterprise firm and represents HSBC at various industry forums. HSBC and Vinay are listed on the Forbes Blockchain 50 2021.
He has 20 years of experience in wholesale and transaction banking. Prior to his present role, he was running strategy for HSBC’s global trade business. He moved to London from Hong Kong where he was running trade risk mitigation solutions globally.
Before moving to Hong Kong, Vinay headed Product Management for HSBC’s Trade franchise in India. In his earlier roles, he managed Payments for the bank.
Prior to joining HSBC, Vinay was a Senior Consultant with Infosys Technologies, based with a European Bank in Amsterdam. He previously worked with BNP Paribas and Reliance Industries Limited in India.
Vinay holds a Bachelor’s degree in Electronics Engineering and a Master’s degree in Management Studies in Finance from the University of Mumbai.
As technology continues to transform trade, we need a system that boosts commerce via the free-flow of data and simplified customs procedures.