HSBC Singapore has selected an internal candidate to take on the role of Head of Global Liquidity and Cash Management (GLCM)
Winnie Yap has commenced in the role that sees her responsible for delivering treasury solutions for Singapore-based companies and multinational corporations with cross-border needs.
Ms Yap, has almost two decades of banking experience. She joined HSBC in 2006 and has held various roles within the Bank’s GLCM business in Singapore including Head of Sales for Commercial Banking and Head of Client Management.
She took a break from her banking career in 2012 to establish her own hospitality business. Prior to joining HSBC, Ms Yap spent nine years with Citi Singapore.
Ms Yap will report to Regina Lee, Head of Commercial Banking, HSBC Singapore and to Jason Tan, HSBC’s Regional Head of International GLCM Countries, Asia Pacific.
“Southeast Asia has emerged as a global manufacturing, consumption, and digital economy powerhouse. In response, businesses are shifting their regional treasury centres and head offices to Singapore, increasing digital adoption to drive stronger working capital arrangements, and repositioning themselves within global supply chains,” said Ms Lee.
“HSBC’s longevity and understanding of Asian markets, agility in customizing end-to-end digital solutions, and international footprint means we’re uniquely placed in helping customers capture these emerging opportunities. Winnie’s experience in delivering innovative and complex digital solutions further builds on what we can offer.”
HSBC aims to be the financial partner that helps clients maximize Singapore’s potential as a regional gateway to Southeast Asia.
In the past three years, HSBC has pushed forward with a digital and innovation strategy in GLCM, to deliver market leading digital solutions for its clients. The investment has led to HSBC launching several solutions including green deposit accounts for corporate customers, HSBC Omni Collect solutions and executing the first digital bond issuance alongside SGX and Temasek.