ABN AMRO's global transactions services revamps

ABN AMRO''s Asia Pacific operations have undergone a restructuring of their global transaction services (GTS) division.

Leonard Stolk is the new head of corporate cash management, sales for Asia Pacific, taking over from Frances Kong, who quietly exited this month. Stolk is fresh from the Miami office where he headed up cash management operations for the Latin America region.

Within GTS, Paul Abraham will be looking after custody and clearing services for financial institutions and the public sector in Asia. Abraham comes from GTS in India.

Abraham Chacko, former Sri Lanka country head, will be heading ABN AMRO's trade services operations for Asia Pacific.

All three new staff will be based in Singapore.

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