J.P. Morgan Treasury & Securities Services (TSS) has made two key hires for its Asia Pacific business in an effort to enhance the suite of software available to global, regional and domestic clients across the region.
David Li has been named head of liquidity in Asia Pacific for the company. His new role encompasses the strategic development and in-country roll-out of the firms liquidity proposition and platforms across the region, with a focus on expanding J.P. Morgans presence in Southeast Asia. With more than 20 years of industry experience at financial institutions and corporations across Asia and Europe, Li spent the past 14 years at Citi, most recently as Asia FX segment manager for global corporate and custodial clients. Before that, he was Citis Europe, Middle East and Africa market manager for liquidity and investments. Based in Singapore, Li will report regionally to Hendra Lembong, head of cash management in Asia Pacific, and globally to Phillip Lindow, liquidity executive.
Hwee Choo Quek has been appointed product manager of escrow for ASEAN for J.P. Morgan Treasury & Securities Services. Responsible for working across the firms TSS business including external intermediaries, private equity ventures and direct client business, Quek brings more than 20 years of corporate banking and securities services experience to the role. Quek joins from The Bank of New York Mellon, where she was responsible for strategic relationship management of key intermediaries in Asia Pacific. Based in Singapore, Quek is tasked with further developing the firms escrow services that it offers to its clients and supporting a broader product expansion push into Southeast Asia. She will report regionally to Kevan Albrighton, senior business manager of escrow in Asia Pacific, and Abdul Raof Latiff, head of treasury services for ASEAN, and globally to Faisal Ansari, international product executive of escrow.
Were pleased to welcome both David and Hwee Choo to our Asia Pacific and ASEAN teams during what is an exciting period for J.P. Morgan, Tom DuCharme, CEO of Asia Pacific for J.P. Morgan Treasury & Securities Services, says. Our continued focus on our clients, sustained investment in further developing our product capabilities and our commitment to growing strong, in-country teams positions us well placed to collaborate even more closely with our clients in the markets in which they seek to do business.
(CM)