JP Morgan treasury services has appointed Lim Kiat Seng as head of financial institutions (FI) sales for Asia Pacific.

Reporting to Margaret Yao, regional sales executive, Lim will manage the bank’s FI client and sales strategy, including bank and non-bank financial institutions, for cash management and trade finance across 14 markets in Asia Pacific. He will be based in Singapore.

He joins JP Morgan from Deutsche Bank’s global transaction banking team, where he most recently held the position of co-head of cash management, financial institutions, Asia Pacific.

Lim brings cash management and trade finance experience from a variety of managerial roles in Singapore, including Banco do Brasil, Union Bank of California, Royal Bank of Canada and OCBC Bank.

Yao says: “We are delighted to welcome Kiat to the team. Kiat’s client focus and proven ability is well recognised in the industry, and I am confident that he will lead our financial institutions franchise to new heights and bring the very best solutions to clients here in Asia Pacific.”