The bank has hired a pair of senior executives to its corporate banking and global markets business as it seeks to grow its Asia-centric strategy.
SMBC has appointed David Koh as deputy head of corporate banking Asia Pacific, and named Salim Zaman named as head of sales and trading, global treasury for Asia Pacific and East Asia, according to an announcement on Wednesday.
Koh reports to Rajeev Kannan, managing executive officer and deputy head of Asia Pacific, and will support him in driving and executing the bank's corporate coverage and solutions platform strategy for the region.
Zaman will lead SBMC's treasury sales and trading teams in the region and help to strengthen its global markets platform for FX and rates products across Asia Pacific and East Asia. He reports to Yasuyuki Takeda, senior general manager of Treasury, Asia Pacific.
Experienced Executives
Koh brings close to 30 years of deep international experience in corporate and transaction banking. He joins from HSBC, where he most recently led its global liquidity and cash management business in Singapore (a position that was just filled by Winnie Yap, as finews.asia reported yesterday).
He previously headed the transaction banking teams for Standard Chartered in Greater China and North Asia, and managed wholesale banking and global transaction businesses at Westpac, J.P. Morgan and Deutsche Bank.
Salim Zaman, SMBC head of sales and trading, global treasury for Asia Pacific and East Asia (Image: SMBC)
Zaman (pictured above) joins from Citigroup, where he has spent more than 20 years in FX and sales roles in Singapore, Hong Kong and Japan. He was most recently Citi's managing director, head of FX Investor Sales, APAC.
Important Region
SMBC said the appointments reflect its Asia-centric strategic plan of accelerating the growth of its business footprint across key markets in Asia.
«The appointments are particularly critical at a time when [client] needs are rapidly evolving, as businesses navigate uncertainties while seeking new growth opportunities,» Kannan said.
