FX Markets

CBA Makes Key FX Hire In Singapore To Bolster Efforts To Grow In Region

BANKS

In line with previously announced plans to boost its foreign exchange business in the Asia-Pacific region, Commonwealth Bank of Australia (CBA) has hired Mok Chek Pfam as its new head of trading for Asia, based in Singapore.

Mok's appointment is part of the bank's strategy to refocus Singapore as CBA's primary Asian-domiciled centre for traded risk, says Paul Riordan, head of global trading in Sydney.

CBA began its current regional expansion about six months ago with the appointment of Paul

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