Steven Cranwell has been appointed head of commercial banking for HSBC in Singapore, responsible for large corporates, middle market (MME), and small and medium enterprise (SME) banking including trade finance.

In this role, Cranwell will lead the global trade and receivables finance (GTRF) and payments and cash management (PCM) businesses for the bank in Singapore. He will report jointly to Guy Harvey-Samuel, HSBC Singapore’s CEO, and Noel Quinn, head of commercial banking for Asia Pacific.

Cranwell has been at HSBC since February 2014, when he joined as head of large corporates, Singapore. Before that, he spent 23 years at National Australia Bank (NAB), where his various roles spanned institutional banking, project and asset finance, trade finance and advisory.

Harvey-Samuel says: “Our strategy in Singapore is to grow market share by putting our global expertise and holistic solutions to work for our clients with an international business focus. Steven’s strong sector and regional expertise will greatly support HSBC in Singapore to capture market opportunities and provide Singapore corporates with a critical edge as they roll out their regional and international expansion plans.”

Cranwell succeeds Kelvin Tan, who has been appointed CEO for HSBC in Thailand.