HSBC Singapore names Tancy Tan new COO

Tancy Tan has been named chief operating officer of HSBC Bank Singapore, starting February 21, according to a press announcement from the local unit of the British financial firm.

She will report to Wong Kee Joo, the chief executive of HSBC Singapore, on an entity level, and David Grimme, the chief operating officer of HSBC Asia-Pacific, on a functional level in her new job.

Tancy worked at JPMorgan Chase for more than 15 years, most recently as the global head of its centre of excellence for intelligent automation, asset and wealth management, where she oversaw the integration of artificial intelligence and analytics into the company's operations.

Tancy has held leadership positions in Singapore and internationally, where she performed product rollouts, managed clients, constructed client platforms and post-merger integrations, and implemented digitisation strategies.

Wong on Tancy’s appointment said: "Tancy's digital development and wider international experience - coupled with her client-facing background - will be crucial for Singapore as we continue to build our online platforms across our wealth and wholesale businesses.”