Two stalwarts of Asia-Pacific transaction banking have shifted, as HSBC’s John Laurens moves to assume Tom McCabe’s role as DBS’ head of global transaction services.
HSBC has promoted Andy Grisdale to chief of staff for commercial banking, Asia-Pacific, a role that includes oversight of global standards and product governance.
HSBC Malaysia has promoted Mahbub Rahman to head of commercial banking, a role that includes oversight of its trade finance and cash management in the country
Michael Vrontamitis has been promoted to head of trade, product management, splitting a cash and trade role in two and relocating the position to Hong Kong.