Willis Towers Watson has bolstered its Asian team with two senior appointments.

The risk management, advisory and insurance brokerage has named Patricia Pang as executive director, financial services in Hong Kong. Within this role, she will be product leader for North Asia focusing on credit, receivable finance and supply chain finance.

Pang joins from Euler Hermes, where she was a business development manager in Hong Kong. Prior to this, she worked at the Hong Kong Export Credit Insurance Corporation for six years.

Kirk Lee (pictured) has joined at the same level, but will be responsible for regional financial institutions, based out of Singapore. His role will focus on trade credit for regional financial institutions.

He joins from Standard Chartered, where he worked in the trade and credit insurance unit of the transaction banking department. He has also worked as a credit and political risk insurance broker for Gallagher’s and HSBC Insurance Brokers, as well as at Euler Hermes and QBE.

Both will report to Stuart Ashworth, managing director of financial solutions, Asia Pacific, who says: “These are new positions that reflect our ongoing commitment to this high-growth region. Global growth worries and a rising US dollar are likely to put pressure on corporates and supply chains in Asia Pacific, and we believe our clients will benefit from enhanced, on-the-ground, credit risk expertise.”

He adds: “Willis Towers Watson recognises that its clients are under increasing pressure globally to grow their businesses in the face of constantly changing regulatory and capital requirements. These additional senior resources in the region will allow our clients to maximise their capital and manage their risks.”