The bank said the appointments continue its expansion within the region after announcing in its 2013 interim results that it would be “targeting higher growth areas”, including investment in Asia.
“These appointments reflect Westpac’s deliberate strategy of focusing on the increasing trade, capital and people flows, expanding our capability and building our deep relationships with customers by offering them local expertise,” Westpac general manager, Asia, Bala Swaminathan said.
As part of the new arrangements, David Koh has been appointed as head of corporate and intuitional banking, Asia.
Mr Koh previously worked at JP Morgan where he was managing director, treasury services, for greater China. His new role will be based in Singapore.
“David has lived and worked in China, the United States, the Middle East and the United Kingdom,” Mr Swaminathan said.
“His proven track record in growing relationships will help ensure that Westpac continues the greater customer momentum we are building in Asia.”
As part of the growth strategy, Westpac has also appointed Paul Gardner as global head of Westpac’s structured commodity finance business and Andrew Billing as head of Asian institutional FX sales.
Mr Gardner was previously at Deutsche Bank as managing director, regional head of structured trade and export finance, while Mr Billing was also at Deutsche Bank as head of FX sales, institutional client group.
