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HSBC Holdings has appointed two new senior management personnel, Lawrence Yong and Khuresh Faizullabhoy, to lead its businesses in Singapore and Malaysia. Based in Kuala Lumpur, Mr. Yong has been appointed as director of trade and supply chain for HSBC Malaysia. In this role, he will be responsible for driving HSBC’s trade and supply chain business strategy in Malaysia, leading a team of specialists to deliver integrated trade and supply chain solutions tailored to a range of companies, including multinational corporations, mid-market enterprises, small businesses and financial institutions. Prior to joining HSBC, Mr. Yong’s last position was head of transaction banking division at another international bank in Malaysia. Mr. Faizullabhoy has been appointed as head of trade and supply chain in Singapore. He has held a variety of leadership roles in HSBC in both transaction banking and corporate banking in a career spanning 23 years across India, Singapore and most recently in Indonesia where he was head of commercial banking, managing the middle market, large domestic and international corporate client relationships. He will also oversee the structured trade finance business for southeast Asia. -Datamonitor NewsWire