The former Deutsche Bank executive brings in 20 years’ global and regional experience in transaction and corporate banking.
J.P. Morgan has named veteran transaction and corporate banker David Koh Head of Treasury & Securities Services, China and Head of Treasury Services, Greater China, as the firm continues to deepen its focus on its clients and further execute its aggressive international growth agenda.
Tasked with building on J.P. Morgan’s 90-year heritage in China, Koh’s role as Head of Treasury & Securities Services, China involves overseeing delivery of client service, sales, product and operations across J.P. Morgan’s Treasury Service and Worldwide Securities Services businesses. In his additional capacity as Head of Treasury Services, Greater China, Koh will support the firm’s global, regional and large domestic clients in China, Hong Kong and Taiwan as they sharpen their focus on identifying and executing business opportunities across these three locations, according to a J.P. Morgan report.
Reporting regionally to Tom DuCharme, Chief Executive Officer, Asia Pacific, J.P. Morgan Treasury & Securities Services and in-country to Zili Shao, Senior Country Officer, China, J.P. Morgan, Koh will be based in Beijing. Koh brings to the role close to 20 years’ global and regional experience in transaction and corporate banking. He joins following a 4 year tenure at Deutsche Bank, where he was most recently Head of Global Transaction Banking for China and Head of Trade Finance, Cash Management, Corporates for Greater China. Prior to his role at Deutsche Bank, Koh spent almost 15 years at HSBC in a variety of management roles in the US, the UK, the Middle East, China, Hong Kong and Singapore.
“After opening our doors for business in China 90 years ago, the extended Greater China region has become an important cornerstone of J.P. Morgan’s international business and a core growth area for our global, regional and large domestic clients,” said DuCharme.
“David’s appointment to these two key roles will allow us to deepen our focus on our clients while providing a seamless client experience across the China, Hong Kong and Taiwan markets, making it easier, simpler and faster for our clients to do business in an increasingly competitive and complex global environment. We welcome David to the team, and we look forward to leveraging his extensive knowledge of the Greater China markets and his proven expertise in delivering innovative, integrated solutions for our clients,” he added.
Koh’s appointment reflects J.P. Morgan’s continued growth in Asia Pacific. Recently, the firm announced several regional, country and product level appointments, including among others, Abdul Raof Latiff, Head of Treasury Services, ASEAN; Nadia Schiavon, Head of Treasury Services, Australia & New Zealand; and David Li, Head of Liquidity, Asia Pacific, J.P. Morgan Treasury & Securities Services. Over the first three quarters of 2011, J.P. Morgan Treasury & Securities Services has grown its headcount in the region by approximately 400 financial professionals as the firm expands its regional footprint and enhances the services it offers to its clients.
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