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HSBC and Standard Chartered continue to bolster their Asian banking teams with new appointments as economic growth in emerging markets holds up against much weaker growth in developing markets and trade between Asia and other countries increases.

In China, Standard Chartered announced the appointment of Yi Meng to the newly created role of managing director & head, Strategic Client Coverage Group in Origination & Client Coverage,China.

Yi will be based in Beijing and will be responsible for deepening relations in China with clients and other stakeholders. He has more than 16 years of experience in corporate banking and finance with a focus on China and was most recently based in Beijing with Morgan Stanley as managing director, Investment Banking.

HSBC has made two appointments to its cash management specialists in Korea and Indonesia. Sunil Veetil will be head, global payments and cash management in Korea. He recently served in the same position for HSBC in Indonesia.

Herani Hermawan will take over from Veetil in Indonesia. She previously worked for Citi and Deutsche Bank before joining HSBC in 2004. Remarking on the appointments, John Laurens, head, global payments and cash management, Asia Pacific, said they played to HSBC's aggressive growth strategy across Asia.