Appointment of new Singapore Country Head of Global and Liquidity Cash Management


Singapore – HSBC Singapore today announces the appointment of David Koh as Head of Global Liquidity and Cash Management (“GLCM”), effective 14th October. Mr Koh will lead the GLCM business in Singapore working with customer groups to maximise its potential as a regional treasury hub as they deepen their presence in Southeast Asia.

HSBC’s GLCM helps corporate customers to maximise control and oversight of their cash flows with its global payables, cards, receivables and clearing services, as well as an array of liquidity and investment solutions.

Mr Koh joins from Standard Chartered, where he most recently led the transaction bank for Greater China and North Asia. He brings over 25 years of experience in transaction banking, having worked across seven geographies including China, Singapore, the UK and Saudi Arabia. Prior to Standard Chartered, Mr Koh headed the Corporate and Transaction Banking teams for Deutsche Bank in Greater China. Mr Koh began his career at HSBC on the bank’s executive trainee development programme.

Mr Koh will report jointly to Alan Turner, Head of Commercial Banking, Singapore, and to Kee Joo Wong, Regional Head of GLCM, Asia Pacific.

Commenting on the appointment, Mr Turner said: “Whilst Singapore already enjoys a strong concentration of multinationals basing their regional treasury centres here, Southeast Asia’s rising consumer market means these numbers are ratcheting up even further. When you couple this with the region’s growing digital economy and mobile-first mentality, it becomes clear that businesses require truly innovative solutions to grasp these opportunities. With David’s many years of international experience, he will be instrumental in driving cross-border payment and liquidity solutions in this ever-changing dynamic region.”

Southeast Asia forms a formidable economic powerhouse with a combined GDP larger than that of the UK or India. Its rapidly growing middle class and increasingly high-tech manufacturing capabilities has prompted many of the of the world’s largest companies to base their regional headquarters there. With its established financial ecosystem and proximity to ASEAN, Singapore has grown to become the largest regional treasury hub in Asia Pacific, home to 4,200 regional headquarters. Southeast Asia Nearly four million new users are expected to come online every month in Southeast Asia for the next five years, generating a user base of 480 million by 2020.

The appointment is part of HSBC Singapore’s country strategic plan, announced in March 2018, which seeks to support corporate clients – ranging from SMEs to multinational corporations – take advantage of the opportunities flowing from Southeast Asia’s macro-economic growth. In line with the strategic plan, HSBC has invested heavily in its Commercial Banking business and ASEAN strategy in 2018, both in technology and headcount.

HSBC has been named Euromoney’s best cash management bank across Asia Pacific in both 2018 and 2019.

Most recent episodes

What’s on the Horizon for Short-term Investments?

The treasury community has risen to the ongoing challenge of rising interest rates and inflation, with corporate cash serving as the sought-after safety net. Here, Daniel Farrell (Northern Trust Asset Management) and Karl Adams (ICD) consider how the latest MMF reform proposals affect short-term...

Transitioning a Corporate from LIBOR to CME Term SOFR

The loans market has predominantly moved to forward looking term rates, and both corporate borrowers and global lenders are increasingly turning to CME Term SOFR as the forward looking risk-free benchmarks to support their activities. Listen to this podcast, featuring Gavin Lee, Marco Bianchi (CME...


HSBC’s Sibos Spotlight – View from Sibos

TMI's Eleanor Hill invites Neil Atkinson, Nadine Lagarmitte, and Vinay Mendonca (HSBC) to discuss the critical treasury topics and conversations highlighted at this year's Sibos conference in Amsterdam. Amongst a wealth of market insights, our guests consider the most critical developments emerging from...


ECB’s Targeted TLTRO Tweaks Set to Drain Excess Market Liquidity

Welcome to the latest edition of Liquidity Link Live, your exclusive market analysis provided by Northern Trust Asset Management, one of the world’s largest cash managers. Tune in each month to discover the very latest insights on the UK, Eurozone and US markets. This edition was recorded on the 7th...


Asian Treasury Trends: Learnings and Opportunities

Former corporate treasury professional, Valerie Heng (Deloitte) joins Eleanor Hill to discuss the hot topic of treasury transformation, alongside other key shifts treasurers should be aware of. In this podcast, Valerie uses her knowledge of the Asian Treasury market to explain how the role of the...


Collaborative Trade Finance: How to Unlock Liquidity at Speed

Imagine if trade finance applications were fully collaborative and corporates could communicate with every trade participant via an open digital hub.  In this podcast, Vincent Almering (Interfood Holding B.V.) and Enno-Burghard Weitzel (Surecomp) explain to TMI's Ben Poole how collaborative trade...


Critical Trends in Trade and Supply Chain Management

Three trade finance experts from Societe Generale join Ben Poole (TMI) in the virtual TreasuryCast studio to discuss critical developments in the trade space that are particularly impactful to corporate treasurers. In this podcast, Isabel Santos, Ariel Emirian and Pierre-Antoine Barreault (Societe...


Citizen Development: The New Productivity Engine for Corporate Treasurers

‘Citizen development’ is about encouraging non-IT professionals to learn software development skills. Here, Dor Haim (Kryon) questions whether, with the roll-out of low-code platforms, treasure...


Managing the Impact of Rising Interest Rates and Inflation

With interest rates rising as central banks try to contain inflation, a difficult balancing act is in progress. The responses of the various monetary policy committees are being watched with a keen eye by treasurers the world over as they consider their next actions. Tarek El-Yafi and Karen Hom (Standard...


Community Impact: Cash and Fixed Income Investing for Good

CNote is a tech-enabled impact investment platform – and a means for finance to be used as a “tool for economic justice”. Its focus on diversity, equity, and inclusion helps corporate and institutional investors use their capital to strengthen underserved communities.  Catherine Berman (CNote)...