Lloyds Bank has expanded Shivkumar Seerapu’s role from head of its global transaction banking (GTB) business in Asia to CEO and country head for its commercial banking business in the region.

Seerapu joined the bank as Asia GTB head in August 2017. He will continue to hold this role alongside his new responsibilities, and will remain in Singapore. He succeeds Oliver Brinkmann, who has departed to pursue another opportunity. In this new role, he will report into Mark Grant, CEO of Lloyds Bank Corporate Markets.

Prior to joining Lloyds Bank, Seerapu was regional head, trade finance, Asia Pacific at Deutsche Bank. He has had a longstanding career at Deutsche, Standard Chartered and ANZ Grindlays Bank, with numerous senior roles including global product head, financial supply chain solutions and regional product head, trade finance for Asia Pacific.

Commenting on Seerapu’s appointment, Grant says: “Since joining us, Shiv has been instrumental in the growth of the Asia trade finance franchise, and was a key member of the senior team building out the Lloyds Bank service offering to clients in Asia. He has brought extensive banking experience and knowledge of the Asian market.”