JP Morgan Treasury Services Expands Asia-Pacific Management Team

JP Morgan Treasury Services has made several appointments to its Asia-Pacific management team, aimed at accelerating the firm’s international growth agenda, deepening the firm’s focus on its clients, and creating a closer alignment between the treasury services business and its clients.

Margaret Yao has been named regional sales executive, Asia-Pacific, responsible for enhancing the client experience, building and expanding the firm’s key client list and unifying sales management across the region. With approximately 25 years’ experience in the financial industry, both in sales and product functions, Yao was most recently head of liquidity management, Asia-Pacific. She will continue to be based in Hong Kong and will report to Tom DuCharme, chief executive officer (CEO), Asia-Pacific, treasury and securities services (TSS).

Hendra Lembong has joined the firm as Asia-Pacific head of cash management, covering core cash and liquidity management. With his substantial global experience, Lembong will leverage the synergies across JP Morgan’s wide product range, while at the same time transitioning the business to a single model revolving around cash management. Bringing a wealth of experience from Citibank and Deutsche Bank, Lembong will be based in Singapore and will report regionally to DuCharme and globally to Linda McLaughlin-Moore, who is taking on a new position as head of international cash management, based in New York.

In line with the firm’s ongoing client focus, Adrian Godfrey has joined as Asia-Pacific head of client service and implementation management for JP Morgan’s treasury services business. Based in Singapore and reporting to DuCharme regionally, Godfrey has been with JP Morgan for almost 25 years, with much of his time spent in sales and client servicing roles.


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