25 July 2025

HSBC Life Singapore Appoints Chief Operating Officer

HSBC Life Singapore today announced the appointment of Ruhil Bairagi as Chief Operating Officer, effective 1st August 2025.

Bringing over two decades of international industry experience, Ruhil will be responsible for leading operations and transformation for HSBC Life Singapore


Reporting to Harpreet Bindra, Chief Executive Officer, HSBC Life Singapore, Ruhil will be responsible for leading operations and transformation across HSBC Life Singapore’s life, health, and general insurance portfolios, building a future-ready operating model that continues to deliver best-in-class customer experience at scale.

Ruhil was most recently Global Head of Insurance Operations and Business Management for HSBC, based in Hong Kong. He brings more than two decades of international experience across Life, Health and General Insurance, spanning operational transformation, contact centre management, and digital enablement. Prior to joining HSBC in 2019, Ruhil held senior roles with leading life and health insurance organisations in the Middle East.

Harpreet Bindra, Chief Executive Officer, HSBC Life Singapore, said: “I’m pleased to welcome Ruhil to my leadership team. His global outlook, deep subject matter expertise in operational transformation, and passion for innovation will be instrumental as we scale company operations to support the next phase of our growth.”

Ruhil’s appointment supports HSBC Life’s ambition to become Singapore’s preferred insurer of choice, underscoring HSBC’s broader ambition to be a leading wealth manager in Singapore.

Media enquiries:

Carol Alisha Chan carol.a.chan@hsbc.com.sg

Urvashi Raizada urvashi.raizada@hsbc.com.sg

HSBC Life Singapore

HSBC Life (Singapore) Pte. Ltd. is a wholly owned subsidiary of HSBC Insurance (Asia Pacific) Holdings Limited, which is ultimately owned by HSBC Holdings plc, the London-based holding company of the HSBC Group. HSBC Life Singapore has received an A+ rating by Standard & Poor’s, most recently affirmed in March 2025. It provides a wide range of solutions that cater to life, health, retirement, protection, education, legacy planning, and wealth accumulation needs of retail and corporate clients.

HSBC Singapore

HSBC opened its first branch in Singapore in 1877. A qualifying full bank serving the international needs of individuals, corporate and institutional clients, HSBC offers a comprehensive range of banking and financial services including retail banking and wealth management; commercial, investment and private banking; insurance; forfaiting and trustee services; securities and capital markets services. In May 2016, HSBC subsidiarised its retail banking and wealth management business in Singapore and established, HSBC Bank (Singapore) Limited. HSBC in Singapore was recognised by Euromoney as “Best International Bank in Singapore” in 2024 and was conferred the Champion of Good by the National Volunteer and Philanthropy Centre.

HSBC Holdings plc

HSBC Holdings plc, the parent company of HSBC, is headquartered in London. HSBC serves customers worldwide from offices in 58 countries and territories. With assets of US$3,054bn at 31 March 2025, HSBC is one of the world’s largest banking and financial services organisations.

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