Asia continues to lag other regions for integrating ESG principles with investing; better data and stronger regulatory requirements will help institutional investors, market observers say.
The new role will accelerate the evolution of the bankÆs host-to-host client integration capabilities, which is being undertaken in partnership with major software and enterprise resource and planning (ERP) vendors.
Based in Singapore, Mishra will report directly to Marcus Treacher, head of
global e-Channels within global transaction banking in London.
ôWe are creating this new role in response to the increasing trend of corporate customers adopting sophisticated software solutions,ö Treacher says.
Mishra is based in Singapore because it is home to some of the world's leading process-automation pioneers and is one of the major centres for ERP vendors.
ôPlacing this role in Singapore enables HSBC to benefit from the energy and pace of this important marketplace,ö says David Katiforis, head of global payments and cash management in Singapore.
Prior to joining HSBC, Mishra was with Standard Chartered Bank in Singapore, where he was director for transaction banking and global head for channel management.
Global transaction banking is a major line of business for the HSBC, made up of payments and cash management, trade services, supply chain management and securities services. It is supported by HSBC global e-Channel team, which is responsible for the development,
implementation and commercialisation of e-Channel solutions for global transaction banking clients, including proprietary desktop/browser services, direct host-to-host channels and third-party integration technologies.
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