HSBC Global Payments and Cash Management today announced two more leadership appointments in both Mainland China and Thailand.
These strategic internal moves are part of the ongoing mobilisation of a highly specialised cash management team to lead the execution of HSBC's aggressive growth strategy across the Asia Pacific region.
With immediate effect, Kee Joo Wong will become Head of Global Payments and Cash Management, China. Kee Joo joins the Mainland China team following a three-year tenure as Head of Global Payments and Cash Management, Thailand. During his 15 year career, Kee Joo has held various senior positions in Singapore, London, Hong Kong, Thailand as well as a prior appointment as Head of Product Management in China, providing him with a valuable understanding of market and client needs, both globally and in the Asia Pacific region.
Commenting on this strategic appointment, John Laurens, Head of Global Payments and Cash Management, Asia Pacific, said, "China is a key focus of our emerging markets strategy and the growth engine of the global economy. This has been further emphasised by the increased levels of business growth our clients have been experiencing. I'm delighted to see Kee Joo return to China. He is an experienced transaction banker who will serve our clients well and I'm confident that he'll take our cash management franchise to new levels as he leads the execution of our accelerated growth investment in China."
Assuming the role of Head of Global Payments and Cash Management in Thailand is Nigel Raymont who was most recently based in Hong Kong as Senior Vice President, Global Strategy, Global Payments and Cash Management. Nigel has made a significant contribution to the success of the HSBC transaction banking business over the past 12 years across Europe and Asia Pacific regions, giving him an extensive repertoire of financial experience. In his most recent role, he provided strong leadership and strategic direction to the development of the Bank's global strategy initiatives. Prior to this, he was also a sales team leader responsible for promoting domestic, regional and global multi-currency cash management solutions to multinational and institutional clients across Asia Pacific.
Laurens added, "Nigel is a veteran of our Global Payments and Cash Management business. His appointment to head our business in Thailand therefore evidences our commitment to this important market and continued growth aspirations. Nigel's depth of experience and client advisory expertise will enable us to strengthen HSBC's position as a leading provider of cash management solutions in Thailand."