The bank has highlighted transaction banking as a key growth pillar and sees opportunities to help treasurers in the region navigate ongoing and emerging challenges, and to optimise working capital management through digitisation.
Cynthia Tchikoltsoff will relocate to the bank’s Asia-based Transaction Banking headquarters in Singapore, in January, to lead the Global Trade Solutions team. Stephane Gaboriaud reports to her as deputy.
Volatility in developed markets, the energy crisis in Europe, and widening of Asia-focussed strategies has led to increased interest in these two markets.