Deutsche Bank today announced the appointment of Alvin Ho as Head of Corporate Cash Management for China, effective 1 June.
Based in Shanghai, Mr. Ho will be responsible for driving the bank’s corporate cash management strategy, and will oversee the cash management sales function in China. He will report to Chintan Shah, Head of Corporate Cash Management – Asia Pacific regionally, and Dirk Lubig, Global Transaction Banking Head of China, locally.
Mr. Ho joins the bank from Ant Financial, where he has worked with Fintechs over the last 4 years. Some of his areas of focus included the provision of credit-tech in the consumer finance space and blockchain solutions for supply chain management. Prior to this, he worked at Standard Chartered Bank where he led the digitization agenda for Greater China with the build-out of their Fintech ecosystem via strategic partnerships and collaborative platforms. He has also over the years with Standard Chartered Bank covered top-tier multinational clients in China in cash management, trade finance and regional liquidity management.
Mr. Ho studied Electrical Engineering and has a Master of Science from National University of Singapore as well as a Master of Business Administration from INSEAD.
Chintan Shah said: “We are delighted to welcome Alvin to our senior team. This appointment reflects the broader bank strategy to grow our franchise in China, where we see many opportunities for our cash management business, particularly with the emerging payment trends in China as well as the outbound corridor for Chinese corporates outside of China.”
Dirk Lubig added: “With Alvin’s experience and excellent track record, we are confident that we can accelerate our growth in China, and build on the successful launch of our Blue Water Fintech space in Shanghai by capitalizing on our global expertise in providing innovative value propositions to our cash management clients.”
Re-disseminated by The Asian Banker