Standard Chartered appoints new global head of corporate cash and trade

Standard Chartered has promoted Ashutosh Kumar as its new global head of corporate cash and trade product management to replace Tan Kah Chye who joined Barclays Corporate as its new head of trade and working capital in April this year.

Kumar is based in Singapore for his new role and is responsible for delivering overall cash management and trade finance profit and loss, strategy and product development across Standard Chartered’s global network. He reports to George Nast, Standard Chartered’s global head of product management for transaction banking.

In this global role, Kumar said he is looking forward to leading the bank’s corporate cash and trade product...