HSBC global trade and supply chain have strengthened their Asia Pacific business development team by hiring two banking veterans.

Ying Hung Wong and David Tsoi have been brought onboard to provide HSBC’s clients with financial supply chain and cross-border balance sheet management solutions.

Wong joins HSBC from Citibank’s Hong Kong offices, where he acted as head of trade services responsible for product development.
Before working at Citibank, Wong held a number of trade product and operations roles at several major international banks over a career spanning nearly three decades.

David Tsoi joins HSBC from JP Morgan, bringing 20 years’ banking experience with him, including extensive expertise in providing import and supply chain solutions to US retailers and sourcing companies in Asia.

HSBC’s head of trade and supply chain, Asia Pacific (excluding Greater China), Simon Constantinides, says: “There is no doubt that trade momentum is clearly shifting to the emerging markets. That means our clients have an even greater need for trade advice from experts who understand new trends as well as the intricacies of trade finances.

“Bolstering our already strong team with additional resources makes us better prepared to help clients identify best ways to realise the business benefits created regionally and around the globe.”

Desmond Wee, head of business development, Asia Pacific, trade and supply chain at HSBC, adds: “David and Ying Hung bring fresh ideas and solid experiences to our team that will enable us to think more creatively and deliver more innovative solutions to our clients, with a truly global perspective.”