DBS has appointed Ken Stratton as managing director and its first global head of sales for global transaction services GTS, the latest move in its plan to double the segment's revenue in less than three years.
Stratton is responsible for all cash management, trade finance and securities and fiduciary services sales at DBS. Previously head of financial institution sales for Australia and New Zealand at J.P. Morgan treasury services, he is currently on gardening leave but will join the bank later this summer. When he does, Stratton will oversee a team of just under 100 people in 16 markets and report to Tom McCabe, recently appointed global...
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