DBS Bank has appointed Sriram Muthukrishnan as group head of global transaction services (GTS) trade product management.

He joins from HSBC, where he concurrently held the roles of regional head of sales and regional head of international countries, Asia Pacific, global trade and receivables finance. Prior to that, he held several global positions in Standard Chartered over a 14-year period, heading up portfolios related to trade products. He started his banking career at ABN Amro.

At DBS Muthukrishnan will be responsible for strengthening the bank’s trade products and services, with a focus on documentary trade and open account trade. He will also take charge of driving digital initiatives across his department’s offerings for both large corporates and small businesses.