J.P. Morgan continues to strengthen its treasury services (TS) business with four key senior country level appointments, after having appointed Hans Janssens head of treasury and securities services (TSS) in Japan last year.
Timothy Lee has been appointed head of TS in Hong Kong and will be responsible for overall client experience, defining and executing J.P. Morgan’s strategic growth plans and generating new and incremental business. Lee has more than 20 years of banking experience and joins J.P. Morgan from Deutsche Bank. He reports regionally to Tom DuCharme, Asia-Pacific chief executive of J.P. Morgan (TSS).
Emily Wang, who has been chief operating officer for J.P. Morgan in Taiwan from 2005, is taking on the role of head of TSS in Taiwan. Her responsibility is to deepen the bank’s relationship with Taiwanese companies and financial institutions which are looking to expand their businesses internationally. Wang has almost 20 years of experience in the finance industry and has been at J.P. Morgan for 11 of those. She will also report to DuCharme.
Suratun Kongton has been appointed head of TS in Thailand. He joined J.P. Morgan from Tokyo Mitsubishi-UFJ last year. In his new role, he will be responsible for extending the bank’s cash management and trade finance operations in-country to support domestic clients. He will also provide an advisory service for local companies and financial institutions which want to expand regionally and globally. Kongton will report to Ricky Kaura, J.P. Morgan’s head of TS for the Association of Southeast Asian Nations and Pakistan.
Van Phan has taken on the role of head of TS in Vietnam and will be responsible for client service, strategy, operations and new business development. She will focus on building J.P. Morgan’s foreign exchange and local lending services to support large local companies and multinational companies which are expanding their business in the country. Phan joined J.P. Morgan in 2007 from Sacombank where she was the chief executive. She will also report to Kaura.
“Further to Hans taking the TSS Japan helm last year, these four additional treasury services appointments mark a significant milestone in the ongoing build-out of our domestic market capabilities in terms of better serving our clients,” said DuCharme in a statement. “Tim, Emily, Suratun and Van are all exceptional people with a vast wealth of local market experience, and they each possess many different qualities which will allow us to enhance our clients’ businesses and further accelerate our growth plans across the region.”
J.P. Morgan made several other cash and liquidity management appointments at the beginning of March with Margaret Yao, Hendra Lembong and Adrian Godfrey taking on the roles of regional sales executive for Asia-Pacific, Asia-Pacific head of cash management and Asia-Pacific head of client service and implementation management, respectively.