DBS names new head for supply chain financing

PHOTO: DBS names new head for supply chain financing

SINGAPORE - DBS Bank has appointed former head of Asia Business at Deutsche Bank Nicole Wong as its new regional head of Supply Chain Financing for transaction banking.

Her role requires her to lead the commercialising and building up of DBS' portfolio of supply chain financing solutions, developing product scalability and multi-bank model. She will also work towards enhancing DBS' end-to-end suite of open account working capital solutions.

During her tenure at Deutsche Bank, she spearheaded the team that oversaw clients' supply chain financing needs across the region, winning and delivering a sizeable number of large supply chain finance deals in Asia. Prior to that, she was vital to the development of the supply chain finance business in Asia for JP Morgan, where she achieved significant revenue growth over three years.

Before joining banking, Wong also spent close to 15 years with multinational corporates like SGS and BP Singapore, where she built up an in-depth understanding of the mechanics of trade finance and trade-related corporate strategy.