JP Morgan has appointed Michael Sugirin as head of treasury services for Indonesia. Sugirin will be responsible for driving JP Morgan’s treasury services business in Indonesia, focusing on extending the firm’s cash management, trade finance and liquidity management solutions to multinational and large domestic corporates and financial institutions. He will be accountable for further developing the firm’s strategic growth plans in Indonesia, along with sales, product development and end-to-end client service.
Reporting regionally to Abdul Raof Latiff, JP Morgan’s head of treasury services for ASEAN and in-country to Haryanto Budiman, senior country officer (SCO) for Indonesia, Sugirin’s role will allow JP Morgan in Indonesia to deepen its focus on clients, making it simpler and faster for clients to do business in an increasingly competitive and complex global environment.
Sugirin joins JP Morgan from Deutsche Bank, where he most recently headed the trade finance and cash management corporate business in Indonesia. During his career, he has worked across Jakarta, Singapore and New York, and he has held a range of sales and product roles across cash management and trade finance.
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