Vivek Batra is the new managing director and head of transaction banking for Asia at MUFG Bank.

Based in Singapore, he will manage the bank’s cash management, supply chain finance and trade finance businesses across 13 markets in Asia Pacific. He is promoted from his role as general manager, regional head of transaction banking sales.

Batra joined MUFG in April 2017 from DBS, where he spent almost 12 years, latterly as managing director and global head of sales for global transaction services. Prior to that, he spent seven years with HSBC.

He reports to Minoru Hagio, general manager and global head of transaction banking, who is based in Tokyo.