Tam's Plans For DaoHengBank Lie In Regional Opportunities

- By FX Markets Staff
- @FXMarkets_
- 10 Jul 1995

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Majority Malaysian-owned DaoHengBank's new general manager of treasury, P.S. Tam, says he sees the opening up of China as the bank's best opportunity for the Hong Kong-based bank's growth.

"Since DaoHeng is not a major international bank, we have to focus on the business where we have strength in the future," says Tam, who joined the bank in February from Standard Chartered in Hong Kong.

DaoHeng has a front-office team of about 45 traders and sales staff in Hong Kong, with 11 dealers in FX, he

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