ING Wholesale Banking, Asia has continued bolstering its Taiwan operations, naming Michael Yang as managing director, head of wholesale relationship management, Taiwan. In what is a newly created role, Yang will report to Lawrence Liang, country head, Taiwan and Malcolm Brown, head of corporate clients, Asia.
For ING Wholesale Banking, he will be primarily responsible for supporting and developing key relationships in the Taiwan market and also creating product capabilities in wider the Greater China market. He officially joined the firm's Taipei offices on 16 September.
Yang moves over from Bank SinoPac, where he has spent the past six years. For Taiwan's 10th largest lender he was most recently senior vice president and held responsibility for the company's offshore banking unit. Within this division, Yang's job required him to finance client activities overseas and in particular in Mainland China, covering import and export related foreign exchange services and trade finance.
Prior to SinoPac, he worked at CIBC as an executive director with responsibility for the origination and structuring of its investment banking and corporate transactions.
Yang's move to ING Wholesale Banking in Taiwan follows the group's recent hiring of Phillip Chiu from Deutsche Bank as director, head of financial markets, Taiwan.