Hazeltree Hires Askin Leung to Lead Its Asia Pacific Expansion Responding to Increased Demand for Treasury Management Solutions

NEW YORK, LONDON and HONG KONG, Sept. 05, 2018 (GLOBE NEWSWIRE) -- Hazeltree, the leading provider of integrated buy-side treasury management solutions, today announced that Askin Leung will lead its expansion in the Asia Pacific region as Managing Director and Head of Hazeltree Asia Pacific. Based in Hazeltree's Hong Kong office, he will be responsible for managing Hazeltree's business in the region as well as significantly increase Hazeltree local staff over the next year.

Mr. Leung brings a deep understanding of client needs along with extensive management experience, which will help Hazeltree meet the increased demand for its treasury management solutions. His top priority is ensuring the delivery of excellent client experiences that maximize the value provided by Hazeltree's solutions over time.

"We are excited about adding Askin to our management team. He brings a wealth of insights and on-the-ground experience in the Asia Pacific markets," said Sameer Shalaby, President and Chief Executive Officer.  "He will play an important role in delivering Hazeltree's treasury solutions to the region, to help our clients improve operational efficiencies, reduce counterparty risks and incrementally generate alpha from their treasury and portfolio finance functions." 

Mr. Leung has an extensive background in buy-side fintech solutions as both a supplier and a client. He has a proven track record of building winning teams and successful businesses from ground up, transforming them into recognized market leaders in the region.

"My goal is to focus on our existing customer needs first, while we expand our sales activities across the region," said Askin Leung, Managing Director and Head of Hazeltree Asia Pacific. "We are seeing an increased demand for our innovative treasury solutions and I am excited to be joining Hazeltree at this important time. I see a significant opportunity to help our customers reduce their operating costs and improve counterparty exposure management while capitalizing on treasury and portfolio finance alpha opportunities."

Mr. Leung 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, his role was expanded to include Broadridge's sell-side North Asia business as General Manager in Hong Kong.  Prior to joining Broadridge, he was Head of Technology for a multi-billion-dollar, multi-strategy, hedge fund based in Hong Kong. Earlier in his career, he served as the Head of Implementation for Asia Pacific at Linedata Services/Beauchamp, a provider of portfolio management software.

About Hazeltree

Hazeltree is the leading Treasury Management solution provider, serving hedge funds, asset managers, fund administrators, insurance companies, pension funds and corporates with powerful, proactive performance enhancement and risk mitigation capabilities that generate operational alpha, reduce a range of liquidity and funding risks and streamline operations. Hazeltree's integrated treasury management solution includes comprehensive cash management, securities financing, collateral management, counterparty management and margin management capabilities. Hazeltree is headquartered in New York with offices in London and Hong Kong. For more information, please visit www.hazeltree.com.

Contact:
Sameer Shalaby, President & CEO
sshalaby@hazeltree.com
646.790.7250