Ka Kit Man, former CEO of trade finance fintech CCRManager, has been appointed senior vice-president of trade asset management at DBS Bank.

Based in Singapore, he will report to Irene Khoo, the bank’s head of trade asset management and global transaction services, and will be responsible for financial institution and corporate distribution.

He left CCRManager in December, after just over two years at the helm of the company. His replacement has not been announced, and for the time being, Kah Chye Tan, executive chairman of CCRManager, is also carrying out the CEO function.

Prior to joining CCRManager, Man held various roles at Barclays, RBS, and Coutts in both London and Singapore.

Launched in 2017, CCRManager is a global digital platform for the secondary trading of trade finance obligations, backed by the Monetary Authority of Singapore through its Financial Sector Development Fund. It provides a secure enterprise platform with industry-designed tools that facilitate the buying and selling of trade assets, and the sourcing of quotes for trade finance and credit instruments among financial institutions. A successful funding round last year drove its expansion, and today the platform comprises almost 100 financial institution members from 32 countries. Last month, it brought in political risk and trade credit veteran Albert Lim from Swiss Re as chief representative of credit insurance as it expands its capabilities.