Standard Chartered has appointed Lyn Kok as the new chief executive officer for the Greater Mekong Sub-region, the UK-based bank said.
In her new capacity, she will work closely with Chief Representative for Myanmar, Tina Singhsacha to “leverage cross-border opportunities and enhance the bank’s ability to provide strategic support to its international clients exploring opportunities in Myanmar,” the bank said in a statement.
Standard Chartered resumed its Myanmar operations last year by opening a representative office in Yangon following a 50-year hiatus. Started in 1862, the bank operated in Myanmar as the first foreign bank but was nationalised in 1963 during the infamous dictator Ne Win’s regime.
The Greater Mekong CEO role is a new regional leadership position that sees Lyn assume governance responsibilities for Greater Mekong, which comprises Thailand, Vietnam, Myanmar, Cambodia and Laos.
In addition to her regional responsibilities, Lyn will continue in her current role as president and chief executive officer for the bank’s Thai operations, the bank said.
Lim Cheng Teck, regional chief executive officer for ASEAN, said: “The potential of the Greater Mekong region is huge. By aligning our business operations in those markets under the Greater Mekong umbrella, we will be able to offer our clients doing business in those markets targeted, region specific financial insights and enhanced service.
“I believe Lyn’s deep experience and understanding of the region will help take our business to new heights.”
Lyn was appointed president and CEO for Standard Chartered Bank (Thai) in July 2010. Prior to that was she was managing director, country head of strategy & corporate development and general manager, Beijing for Standard Chartered Bank in China.