Hazeltree, a provider of integrated buy-side treasury management solutions, has appointed Askin Leung as managing director and head of Hazeltree Asia Pacific (APAC).
Leung will be based in the firm’s Hong Kong office and will lead Hazeltree’s expansion in the APAC region, as Hazeltree plans to expand this office and increase staffing over the next year.
Leung has a background in buy-side financial technology solutions as both a supplier and client and has been at Broadridge/Paladyne for the last ten years.
He launched the investment management solutions business at Paladyne Systems in the region and oversaw its growth as a market leader until it was acquired by Broadridge Financial Solutions in 2011.
In 2016, Leung’s role was expanded to include Broadridge’s sell-side North Asia business as general manager in Hong Kong.
Earlier in his career, he served as the head of implementation for APAC at Linedata Services/Beauchamp, a provider of portfolio management software.
Sameer Shalaby, president and CEO, commented: “We are excited about adding Askin Leung to our management team. He brings a wealth of insights and on-the-ground experience in the APAC markets.”
He added: “Leung will play an important role in responding to the increased demand for Hazeltree’s treasury solutions in the region, to help our clients improve operational efficiencies, reduce counterparty risks and incrementally generate alpha from their treasury and portfolio finance functions.”
Commenting on his new role, Leung said: “My goal is to focus on existing customer needs first, while we expand our sales activities across the region. We are seeing an increased demand for Hazeltree’s innovative treasury solutions and I am excited to be joining the firm at this important juncture.”
He added: “I see a significant opportunity to help our customers reduce their operating costs and improve counterparty exposure management while capitalising on treasury and portfolio finance alpha opportunities.”
