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SWIFT announces organisational changes in Asia Pacific

Zafar Anjum | June 7, 2013
Changes allow SWIFT to more efficiently support the growth of the Asia Pacific financial services sector, says top company executive

SWIFT has named Patrick de Courcy Deputy Chief Executive, Asia Pacific, in addition to maintaining his role as Head of Markets & Initiatives, Asia Pacific. He is also Acting Head of Sales, Asia Pacific, until that position is filled.

SWIFT is the financial messaging provider for more than 10,000 banking organisations, securities institutions and corporate customers in 212 countries and territories.

Beth Smits, Head of Public Affairs & Communications, Asia Pacific and Anand Bindumadhavan, Head of Services & Support, Asia Pacific, also report to Alain Raes, Chief Executive, Asia Pacific & EMEA, SWIFT.

Other changes in the region include the following names:

  • Michael Cheung, Head of Greater China, oversees Mainland China, Hong Kong, Macau and Taiwan;
  • Yuriko Irie takes on the role of Head of Japan and Korea;
  • Arun Tiwari is Head of Indian Subcontinent;
  • Zelda Anthony becomes Head of ASEAN;
  • Bill Doran, Head of Oceania, runs Australia, New Zealand and the Pacific islands;
  • Tracy Tam, Head of Commercial Services, Asia Pacific, leads the commercial and office administrative team, which has specialists in each sub-regional office; and
  • A new Alternative Sales Channels team, based in the SWIFT Kuala Lumpur Corporate Services Centre, will be created to identify and on-board new members.

 "These changes also allow us to more efficiently support the growth of the Asia Pacific financial services sector and the corporates it serves by bringing more members into our community," said Raes.

"SWIFT is part of the fabric of Asia Pacific's infrastructure, directly supporting the ambitions that Asia Pacific economies have set for themselves," said Patrick de Courcy.  "We are enabling the internationalisation of the RMB, helping define the roadmap for ASEAN financial integration, supporting the development of domestic markets and facilitating trade and investment flows within the region and with the rest of the world. As such, we are dedicated to ensuring a strong, secure and scalable financial system in Asia Pacific that will support the real economic growth of this dynamic region."

SWIFT has been in Asia Pacific for over 30 years, starting in Hong Kong and Singapore. Three regional offices have been opened in Asia since 2005.


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