Bank of America appoints treasury managers in China

The bank''s global treasury division makes two new hires in China as part of a plan to double personnel numbers on the mainland by mid-2004.

Bank of America has appointed two senior managers in Shanghai to further expand its global treasury management business in that country. Emily Hua Ying has assumed the role of product manager, while Karen Chan Qing has been appointed head of sales for multinational corporations.

The newly created roles are part of a push by Bank of America to increase its presence in China - a strategy that will see staff numbers jump by more than 130 in the next 12 months.

The bank's regional manager of product in Asia, Daniel Tay, says the senior appointments were in response to growing market demand for cash management products. Our clients are looking for...

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