HSBC creates specialist team to support Singapore growth

HSBC Global Payments and Cash Management forms pool of specialists focusing on regional treasury centers’ needs.

In a series of internal moves and promotions bolstered by key hires, HSBC Global Payments and Cash Management has created a team of highly skilled professionals that will focus on serving the needs of the growing number of regional treasury centers located in Singapore, according to an HSBC report.

Commenting on the strategic staffing move, John Laurens, Head of Global Payments and Cash Management, Asia Pacific said, “Today’s announcement in Singapore marks another key step in the execution of our aggressive growth strategy across the Asia Pacific region. We’ve experienced unprecedented levels of client activity across the region as clients have heightened their focus on treasury and working capital management post the global financial crisis. We are therefore accelerating investment in the development of our people, supplemented by selective recruitment of senior transaction banking professionals seeking long term career progression with a team that leads the market.”

Ai Chen Lim, a seasoned transaction banking professional has joined HSBC from JP Morgan Chase and Pei Pei Wong has moved from a local bank with 15 years of banking experience covering global and commercial banking clients as well as public sector clients. Both Wong and Lim will each head up an origination and advisory sales team focused on specific industries.

Re-locating from HSBC’s offices from all corners of the globe including Hong Kong, India, Japan, Australia and London, these key internal moves collectively result in a team with more than 100 years of experience across multiple functions including consumer credit risk, global treasury management, cash management, trade services and financial institutions. Key moves include Daniel Callis, Colin Fung, Kiyono Hasaka and Sanath Shetty who will be part of the origination and advisory sales teams. Fung and Shetty will both report into Callis whereas Hasaka will report into Lim. With prior experiences in both HSBC France and Australia, Philippe Robert brings with him a wealth of experience as he drives sales development for domestic and regional non-bank financial institutions headquartered in Singapore.

Within Singapore, both Marc Thomas and Winnie Yap have moved from the regional sales team into newly created roles. In his Liquidity Management Solutioning role, Thomas’s prior experience in corporate treasury will position him to give valuable advice and insight to clients as they seek to build out efficient liquidity management structures. Yap is now responsible for a Sales Practice Management team where she will developing and maintaining best practice across the Singapore regional sales team to ensure effective sales processes and institutionalising client focused programmes.

“These individuals exemplify our corporate commitment to helping our customers unlock the world’s potential,” said Iain Taylor, head of Global Payments and Cash Management, Singapore. “It’s just exciting to manage a team whose diversity of experience and background and varying points of view will enable us think more creatively and provide more innovative solutions and a world view at the regional level to our clients.”