HSBC has named Kee Joo Wong has been appointed as the head of payments and cash management (PCM) for Asia-Pacific starting January 1 2015.

 

HSBC’s PCM offering helps businesses make and receive payments securely; manage their cash across borders efficiently and effectively; and make the best use of their cash, helping customers to do business domestically and internationally.

 

PCM is one of HSBC’s investment priorities for the next three years. Driving growth in PCM, and capturing opportunities created by the liberalization of China’s payments landscape, and developments in renminbi payments, are key parts of HSBC’s strategy in Asia.

 

Wang joined HSBC in 2004 as head of PCM product management, HSBC China. In 2007, he assumed the role of the head of PCM, Thailand, before being appointed as the head of PCM, China, in August 2010. Prior to joining HSBC, he has also worked in Singapore, London and Hong Kong.

 

Wang will report functionally to Diane Reyes, head of global payments and cash management, and locally to Noel Quinn, group general manager and head of commercial banking, and Gordon French, group general manager and head of global banking and markets, for Asia-Pacific.