HSBC Saudi Arabia wins Tadawul’s "Best Custodian in the Kingdom of Saudi Arabia”


HSBC Saudi Arabia has recently won "Best Custodian in the Kingdom of Saudi Arabia” award, presented by Tadawul during the inaugural Saudi Capital Market Awards 2020’s virtual event. Following the virtual event, the Securities Depository Center Company (Edaa) handed over the award to the CEO.

On this occasion, Rajiv Shukla, CEO of HSBC Saudi Arabia commented: “On behalf of HSBC Saudi Arabia, I would like to thank Tadawul for honoring us with the inaugural award for the best custodian. We are delighted to have been associated with a number of firsts in the Saudi market, including the first QFI registration. We would like to congratulate Tadawul for this initiative around these awards, which will be sought after and will result in adding further impetus in market development. I would also like to thank our team in Saudi Arabia and the global HSBC teams supporting the product, as this award is a recognition of their hard work and commitment”