StanChart beefs up leadership of trade and transaction banking teams

SC appointed new banking heads based in Singapore and Germany.

Standard Chartered (SC) has appointed new heads in its trade and transaction teams.

Sofia Hammoucha has been named global head of trade & working capital.

Hammoucha will be based in Singapore. She succeeds Kai Fehr, who is returning to Germany. 

Hammoucha first joined SC in 2022 as head of risk for transaction banking. Before SC, she spent 22 years in BNP Paribas, where she was most recently head of transaction banking for ASEAN.

SC also announced the appointment of Ankur Kanwar as head of transaction banking, Singapore and ASEAN. Kanwar is based in Singapore.

Kanwar will continue in his existing roles as global head of cash structured solutions development, and head of cash management for Singapore & ASEAN. 

Kanwar first joined SC in 2015. Prior to this, he worked for JP Morgan Chase and Deutsche Bank. 

Kanwar takes over from Maisie Chong, who will continue in her role as global head of receivables purchase, and head of trade and working capital for ASEAN and South Asia (ASA).

In Europe, Marion Reuter has also been named as the new head of transaction banking for the region, and head of transaction banking for Standard Chartered Bank AG in Frankfurt, Germany. 

She will continue in her role as head of transaction banking corporate sales in Europe. 

Before joining SC in 2013, Reuter worked for Deutsche Bank in Germany and Switzerland.

Reuter succeeds Karin Flinspach, who has decided to leave the bank.