Westpac expands Hong Kong presence

Abstract

Westpac has appointed Steven Yu and Alex Tam as head of trade sales for north Asia and head of corporate and institutional banking for Hong Kong respectively, as the bank looks to build on its renminbi expansion and tap into demand for yuan-denominated securities. Based in Hong Kong, Yu and Tam join Westpac's head of Greater China, Andrew Whitford, who has relocated from Shanghai but will keep his existing responsibilities, and Martin Goodacre, head of financial markets for Hong Kong.