Neil Daswani has been promoted to regional head, transaction banking for North Asia. He replaces Andy Dyer, who has left to pursue new career opportunities, the bank says. Daswani was previously global head of securities services.
Jiten Arora has been promoted to regional head, transaction banking for South Asia and Southeast Asia. Prior to this he was global head for client access at Standard Chartered.
The bank says it remains confident about its capital strength despite a slowdown in economic growth in the Asia region. Transaction banking continues to be strong and is considered a core revenue generator for the bank.