The firm has announced two key hires for its Asia Pacific business.
J.P. Morgan Treasury & Securities Services has announced two key hires for its Asia Pacific business as part of its continued focus on enhancing the suite of solutions available to global, regional and domestic clients across the region.
David Li has been named Head of Liquidity, Asia Pacific for J.P. Morgan Treasury & Securities Services.
Responsible for the TSS liquidity and investments business across Asia Pacific, the role encompasses the strategic development and in-country roll-out of the firm’s market leading liquidity proposition and platforms across the region, with a focus on expanding J.P. Morgan’s presence in Southeast Asia, a key growth market for the firm’s global and regional clients. With more than 20 years’ industry experience at financial institutions and corporates across Asia and Europe, Li spent the last 14 years at Citi, most recently as Asia FX Segment Manager for global corporate and custodial clients. Prior to that, he was Citi’s 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, Asia Pacific, J.P. Morgan Treasury Services, and globally to Phillip Lindow, Liquidity Executive, J.P. Morgan Treasury & Securities Services.
Hwee Choo Quek has been appointed Product Manager, Escrow, ASEAN for J.P. Morgan Treasury & Securities Services. Responsible for working across the firm’s 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 firm’s 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, Escrow, Asia Pacific and Abdul Raof Latiff, Head of Treasury Services, ASEAN, and globally to Faisal Ansari, International Product Executive, Escrow.
These appointments underscore J.P. Morgan’s commitment to broadening the range of solutions that it offers to its financial institution, non-bank financial institution and corporate clients in Asia Pacific. In addition to Latiff’s recent appointment as Head of TS, ASEAN, the firm also hired Hooi Ching Wong as Head of TS, Malaysia and Nadia Schiavon as Head of TS Australia & New Zealand.
Tom DuCharme, Chief Executive Officer, Asia Pacific for J.P. Morgan Treasury & Securities Services, said: “We’re 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. 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.”
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