A week after he left Barclays, it’s been announced that Tan Kah Chye is to join JP Morgan.
Tan will be the bank’s managing director, global head of trade finance securitisation and will be based in London. The role is newly-created and Tan will oversee the structuring of distribution alternatives for trade finance assets.
He will begin the role on November 1 and report to Dani Cotti, global head of trade finance. He will continue in his role as chair of the ICC’s banking commission and also remain on the World Trade Organisation’s trade expert committee.
At Barclays, Tan was most recently vice-chair, corporate banking. Before this he was global head of trade and working capital. He joined the bank from Standard Chartered, where he held the office of global head of corporate trade and cash for six years.
Commenting on Tan’s appointment, Cotti says: “We’re delighted to welcome Kah Chye to our firm. His extensive experience and wealth of knowledge in the trade finance and Securitisation market will help us shape our trade finance business model for the future, and will be a huge benefit to clients looking for diverse sources of funding.”