CASH MANAGEMENT, TRADE FINANCE | Staff Reporter, Singapore

StanChart has new head of transaction banking for Singapore

Motasim Iqbal has been appointed to this position.

In his new role, Motasim will focus on driving the cash management, trade finance and securities services business for Wholesale Banking clients in Singapore.

Motasim was previously Standard Chartered Bank’s Regional Head for Transaction Banking for the Financial Institution segment for the Middle East, North Africa and Pakistan region.

He will report to Sumit Aggarwal, Regional Head, Transaction Banking, Southeast Asia, and to Patrick Lee, Head of Origination and Client Coverage, Singapore.

Motasim has 15 years of experience with StanChart and has held various roles in Origination and Client Coverage and Transaction Banking. He joined StanChart nk in 1997 and became the Head of Transaction Banking for Pakistan in 2003.

In 2006, he moved to Dubai to head the Financial Institutions segment for Transaction Banking across MENA and Pakistan, prior to his current appointment.

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