HSBC Appoints New South Asia Sales Head in Payments and Cash Management

HSBC has appointed Mark Troutman as head of sales, southern Asia, Global Payments and Cash Management. Based in Singapore, Troutman will report directly to Richard Jaggard, head of sales for Global Payments and Cash Management, Asia-Pacific.

Troutman joins HSBC from JP Morgan where he was managing director and regional sales executive for multinational corporates and treasury consulting. Throughout his 22-year career, he has held a number of senior management positions focused on corporate working capital services, international banking and financial institutions in Singapore, Australia, and US.

In his role, Troutman will be responsible for delivering sophisticated payments and cash management solutions to HSBC’s global and commercial banking clients, non- bank financial institutions and the public sector including multi-lateral organisations across the region. His appointment is one of several management and staffing moves within the region, including the recently announced formation of a team of experts who have been relocated from various HSBC offices worldwide to Singapore.

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