HSBC has made two senior management appointments to lead its trade and supply chain businesses in Singapore and Malaysia.
Lawrence Yong has been appointed as director, trade and supply chain for HSBC Malaysia and will be based in Kuala Lumpur. He will take responsibility for developing HSBC’s trade and supply chain strategies in Malaysia, leading a team of specialists to deliver integrated trade and supply chain solutions to a range of companies from multinationals, mid-caps, small businesses and financial institutions.
Before joining HSBC, he was head of transaction banking at another international bank in Malaysia.
Khuresh Faizullabhoy has been appointed head of trade and supply chain in Singapore. He has already held a number of roles in HSBC in both transaction banking and corporate banking, working in India, Singapore and most recently in Indonesia, where he was head of commercial banking, managing middle market, large domestic and international corporate client relationships. Faizullabhoy will also manage the structured trade finance business for South East Asia.
Commenting on the two appointments, Lawrence Webb, head of global trade and supply chain at HSBC, remarks: “We are delighted to have Lawrence and Khuresh on board. Both are well respected professionals in the industry and have the necessary skills and expertise required to lead the development and growth of our businesses in Malaysia and Singapore, and the continued growth of our Asia Pacific franchise extremely well.”