Mizuho Asia & Oceania appoints new co-head of global transaction banking

Ashutosh Kumar joins from Standard Chartered Bank.

Mizuho Bank Asia & Oceania has appointed Ashutosh Kumar as co-head of global transaction banking for the region.

Kumar’s appointment is expected to enhance the bank’s range of cash and trade solutions for corporate clients and drive the digital transformation of the global transaction banking business. 

Kumar reports to Tokyo-based Yoshisuke Maeda, head of global transaction banking, with regional reporting to Yasuhiro Kubota, managing executive officer and CEO for Asia & Oceania (excluding East Asia).

Kumar, who hails from Singaporean, brings over 20 years of global experience, with a deep understanding of, and extensive experience in, Asia and the Global Transaction Banking business. 

He joins from Standard Chartered Bank, where he held many senior roles including Global Head of Working Capital; Global Head of Transaction Banking Sales, Commercial Banking; Regional Head of ASEAN & South Asia, Transaction Banking; Global Head of Banking the Ecosystem and Global Head of Corporate Cash & Trade Products.

Join Asian Banking & Finance community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

The country’s top regulator shared plans to enact a new law on the matter.
Mizuho most recently saw disruptions to its corporate online bank services on 11 January. 
He replaces current COO David Whiteing, who is moving back to Australia.
The bank assured customers that it employs a multi-layered defence system against fraud.
Banks are asked to remove links in emails and SMS sent to customers.
Two operators, Daenerys and Deodi, have shut down their ATM machines in the city.
Users can now link accounts from Bank of China, DBS, Maybank, OCBC, StanChart, and UOB.
The potential is there, but tech roadblocks prevent wider adoption in the industry.
And the search for a new head of corporate banking for Australia and New Zealand is on.
The new guidelines instruct against marketing DPT services in public areas.
Loyalty programs are also rated as important by consumers in the city.
Banks and financial institutions are invited to submit their entries for the Wholesale Banking Awards, Retail Banking Awards, and Corporate and Investment Banking Awards 2022.
Decisions on green finance now will lock in emissions trajectories for decades.
A possible rate hike in March will also positively affect the bank.