TRADE FINANCE | Staff Reporter, Hong Kong

HSBC appoints Ajay Sharma as regional head of global trade and receivables finance

He will be based in Hong Kong.

HSBC Commercial Banking announced the appointment of Ajay Sharma as Regional Head of Global Trade and Receivables Finance (GTRF), Asia-Pacific, effective January 1, 2017.

Ajay is currently Global Co-Head of International Subsidiary Banking (ISB), based in Hong Kong with responsibility for the Asia-Pacific.

“Ajay’s strong leadership of ISB in Asia-Pacific has driven collaboration across business lines and significantly strengthened our client proposition in the region,” said Stuart Tait, Regional Head of Commercial Banking, Asia-Pacific.

Natalie Blyth, Global Head of Global Trade and Receivables Finance, said: “Ajay joined HSBC from Citi in 2014 and he has built a strong ISB proposition in Asia that has delivered strong business growth for HSBC Commercial Banking. He will bring a new impetus to our GTRF franchise in the Asia-Pacific.”

Ajay succeeds Siew Meng Tan, whose appointment as Regional Head of Private Banking, Asia-Pacific, was previously announced. 

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