Standard Chartered has appointed Ashutosh Kumar as global head for its corporate cash and trade product management, FinanceAsia reports. He is responsible for delivering overall cash management and trade finance profit and loss, strategy and product development across the bank’s global network.

Kumar is taking over from Tan Chye, who joined Barclays Corporate in April this year. Based in Singapore, Kumar will be reporting to global head of product management for transaction banking of the firm George Nast. Kumar was most recently working at Standard Chartered as global head of local corporate products and receivables management.

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