The move comes as HSBC Singapore looks to strengthen its regional coverage and increase its headcount across its entire business by more than 10 percent over a three-year period from 2018.

HSBC Singapore on Monday announced the appointment of Tze Tze Lee as the bank's head of product and propositions, a new position created within the bank’s global trade and receivables finance (GTRF) team.

Lee began her new role on April 29 and reports to GTRF country head Iain Morrison and Sanjay Tandon, the Asia-Pacific head of product and propositions.

According to her LinkedIn profile, Lee was previously head of Trade Finance Product Management at OCBC Bank, where she worked for two and a half years. Prior to that, she spent five years at Swedish commercial group Skandinaviska Enskilda Banken, where she was responsible for its product management of Cash Management and Trade Finance business. She was also employed by DBS Bank for 11 years, including as head of supply chain financing.

HSBC Singapore recently completed a live and fully digitised trade finance transaction on a scalable blockchain platform and a fully digitised end-to-end trade finance transaction.