Treasury Management Internation Logo

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

HSBC’s Sibos Spotlight: Investing in the Future – from Diversity to Green Deposits

In the final instalment of HSBC’s Sibos Spotlight, Eleanor Hill (TMI) invites Nadine Lagarmitte and Suraj Kalati (HSBC) to consider how corporates’ attitudes to...


HSBC’s Sibos Spotlight: The ESG Landscape – what every treasurer needs to know

In the third edition of HSBC’s Sibos Spotlight Podcast series, TMI’s Eleanor Hill invites Farnam Bidgoli (HSBC) to provide an in-depth overview of the current ESG...


The Path to Transformational Global Cash Visibility

Davina Bradley (CEVA Logistics) and Conor Deegan (CashAnalytics) join TMI’s Eleanor Hill to explore how treasurers can transform their cash visibility and forecasting within their business in a matter of weeks using a...


HSBC’s Sibos Spotlight: Embedding ESG in Trade and Supply Chains

In the second podcast from HSBC’s Sibos Spotlight series, TMI’s Eleanor Hill speaks to Surath Sengupta (HSBC) about embedding ESG into trade and supply chains....


Lost in Transaction: Overcoming Payments Pitfalls

From simple errors to duplicates, fraud and sanctions violations, there are a number of areas where payments can go wrong – especially in the real-time environment. In this podcast, TMI speaks to Andrew Ferrao...


HSBC's Sibos Spotlight: Central Bank Digital Currencies

The first edition of HSBC’s Sibos Spotlight series sees TMI’s Eleanor Hill joined by Mark Williamson and James Pomeroy (HSBC) to discuss the hot topic of Central Bank Digital Currencies (CBDCs). Our guests discuss...


Payments Vision 2025: The Inside Track

Wim Grosemans, Steven Lenaerts (BNP Paribas) and Wim Raymaekers (SWIFT) join TMI’s Eleanor Hill to outline their vision for the payments landscape in 2025. Our guests consider how recent developments such as instant...


Stepping Out from the Shadows

“Treasurers needs to step out of the shadows and into the sunshine in terms of their strategic contribution.” claims Zitah McMillan, Co-Founder and CEO, Predictive Black. In this podcast, hosted by TMI’s Eleanor Hill, our guest declares that the...


Why the ‘One Size Fits All’ Approach is Outdated - A Cash Segmentation Treasury Masterclass

With the ongoing low interest-rate environment and increasing regulatory change, it’s more important than ever for treasurers...


Instant Payments: Instant Rewards

TMI’s Eleanor Hill sits down in the virtual TreasuryCast studio with J.P. Morgan’s Global Head of Real-Time Payments, Cyrus Bhathawalla, to discuss how treasurers can capitalise on the evolving nature of real-time payments. Our guest contemplates the elements...