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Cheng was most recently head of Citi's corporate banking unit in Hong Kong, and replaces Anson Kwok, who has retired.
A recruitment process has started at the New Zealand electricity retailer to replace James Spence who is moving back to Australia.
The global payment platform has facilitated transactions in over 40 countries across over 300 payment methods.
Former Alibaba exec Sharon Wang shares insights with CT on her pivot to the power sector, as CLP, a Hong Kong-listed electricity supplier, announces the appointment of Alexandre Keisser as CFO from April 1.
Jakarta-based Michael Sugurin will oversee the development of MUFG’s global corporate banking portfolio in the country.
CT has learned that Matthew Davies will provide interim leadership for Apac payments, after Ameen, BofA's Apac head of global transaction services, stepped down last week.
Tapan Jindal has joined the fast-growing firm, which is aiming for annual profitability, from SugarBox Networks, an Indian tech company.
The 11 members of the board have senior finance and treasury positions across a wide range of roles and sectors, and are looking to help drive editorial coverage.
Janelene Chen was most recently a partner with Norton Rose Fulbright.
Sabri Gmira has become ANZ’s head of corporate finance, Taiwan, while Yogesh Venkatachalam and Stephanie Vallance take on new roles in February.