Two stalwarts of Asia-Pacific transaction banking have shifted, as HSBC’s John Laurens moves to assume Tom McCabe’s role as DBS’ head of global transaction services.
HSBC Malaysia has promoted Mahbub Rahman to head of commercial banking, a role that includes oversight of its trade finance and cash management in the country
HSBC pulled Mark Troutman in to head sales for cash and global payments in Asia-Pacific. The announcement comes shortly after the departure of Richard Jaggard who now runs Standard Chartered’s transaction banking business in Europe.
HSBC has hired Bhriguraj Singh as its head of product management for global trade and receivables finance Asia Pacific, a new role for the British-headquartered bank.