Future-proofing Treasury &#8211; Navigate, Innovate, Lead 

The private healthcare firm has rebuilt its treasury architecture to prioritise liquidity mobility, policy-driven hedging and system-led control amid rate volatility and fragmented capital markets. CT spoke with Manjiv Dodanwela, the firm's transformation lead for group treasury. 

The logistics and real estate business, which has operations in Singapore and Japan, raised S$1.2bn on the main exchange but listed in a difficult week for equities amid war in the Middle East. 

Lake is a senior executive who joins the global property firm from Accenture, where she was deputy CFO of its EMEA business.

The plan is to increase global oil supply while the Strait of Hormuz is essentially blocked.  Russia is once again exporting oil to India and several Asian governments are introducing fuel subsidies; meanwhile the US is launching trade investigations into 12 Asian countries. 

Hong Kong-based Lee was most recently financial controller Asia and Middle East for HSBC. 

AirTrunk&#8217;s TOK1 hyperscale data centre campus in East Tokyo is scalable to over 300MW of capacity towards Japan's overall cloud and AI investment ambitions; 12 banks were involved in the deal. 

Payments, including remittances, across Australia, Bangladesh, Canada, China, Germany, India, Pakistan, Spain, Thailand, the UK and the US, will come with certainty of cost, end-to-end traceability, and faster speeds, with over 25 banks go live by the end of June. 

US president Donald Trump has suggested the war in Iran will end soon after the price of a barrel of oil climbed above $100. Countries across Asia have been trying to conserve energy. 

In Asia-Pacific (APAC), corporate treasuries are navigating a uniquely dynamic environment, where cost control and growth remain top priorities. Our latest HSBC Treasury Pulse Survey reveal that 58% of APAC firms surveyed prioritise reducing finance costs &#8212; a figure notably 8 percentage points higher than the global average. APAC firms are also more focused on growth, trade environment and industry changes than their global peers.


The rationale behind some of the winners of the CorporateTreasurer Awards 2025.

Treasurers across Asia Pacific (APAC) have a raft of priorities as they navigate a turbulent economic landscape and look to embrace change: real-time payments, liquidity optimisation, risk management and digital innovation. These all call for a new approach to solutions, technology and partnerships.

When corporate treasurers face market volatility, HSBC&#8217;s Rahul Badhwar explains how the bank&#8217;s HSBC AI Markets platform, which uses natural language processing and machine learning, is helping clients cut through complexity, manage risk, and focus more time on strategic decision-making.

The stock exchanges in South Korea and Thailand were temporarily halted on March 4, while Iran has issued a stark warning for the Strait of Hormuz. 

Amid multiple attacks from Iran, and continued Israeli and US strikes, there is great uncertainty in the region. Gas and oil prices are rising as QatarEnergy has stopped liquid natural gas production while the Strait of Hormuz is increasingly dangerous. 

Mallela will join from JP Morgan in May and will be based in Singapore. 

Singapore-based Zaman will continue in his role as co&#8209;head of global markets and treasury in Asia Pacific.

IHH Healthcare targets efficiency in multi-country treasury rebuild

UI Boustead REIT debuts on SGX

Victoria Lake joins Cushman & Wakefield as Apac & EMEA CFO

International Energy Agency to release 400m barrels of oil as costs of Iran war soar

Jonathon Lee becomes Hang Seng Bank's CFO

AirTrunk secures $1.24bn green loan for Tokyo data centre campus

Banks to roll out framework for cross-border retail transactions: Swift

Trump signals war "will end soon" amid volatile oil price

Most Read

International Energy Agency to release 400m barrels of oil as costs of Iran war soar

AirTrunk secures $1.24bn green loan for Tokyo data centre campus

Asia sees market turmoil amid more Middle East strikes

Middle East firms seek to support clients, staff amid Iran war; oil, gas prices spike

Jonathon Lee becomes Hang Seng Bank's CFO

Partner Content

APAC Treasuries Pivot to Efficiency and Centralisation

CorporateTreasurer Awards 2025: Winners Spotlight

A roadmap of innovation and resilience to shape tomorrow’s treasury

From Hype to Help: Bringing Market Data and Analytics into the Treasurer’s Toolkit with HSBC AI Markets

Awards & Events

13th CTWeek Hong Kong 2026