HSBC has expanded the remit of one of its most senior trade and supply chain executives Simon Constantinides to include mainland China.
Constantinides has taken on the role of regional head of trade and supply chain, Asia Pacific, and is also now responsible for Taiwan and Macau on top of his previous responsibilities.
Constantinides’ regional remit is now made up of 19 countries and territories across Asia Pacific.
“With China driving global trade momentum, intra-regional trade within the greater China markets cannot be underestimated,” says Rakesh Bhatia, HSBC’s global head of trade and supply chain.
“Simon has been instrumental in driving our trade franchise in Asia over the past two years. His strong client focus and wealth of trade experience will greatly benefit our clients in this key region.”
Furthermore, HSBC has appointed Terence Chiu as head of trade and supply chain for Hong Kong.
Chiu succeeds Christopher Lewis, who has been moved to New York to head up the bank’s North American trade and supply chain business.
“Terence’s strong corporate and commercial banking background gives him a deep understanding of the Hong Kong market which will equip him to anticipate the trade finance needs of our clients in this key Asian market,” Bhatia continues.