AMTD, the Hong Kong-based finance conglomerate, has hired several senior leaders for its digital arm in Singapore in advance of opening a new office there. The expansion comes despite the company failing to win a licence to operate a digital bank in the Republic.
AMTD is expected to open its group regional headquarters in Singapore in the next two to three months, which will also serve as the global HQ for AMTD Digital, its digital finance arm, which offers services such as digital insurance, digital asset exchange, and e-payments. AMTD Digital has been building a senior leadership team in Singapore since its August appointment of Osman Faiz, Standard Chartered’s Singapore COO, as its CIO and COO.
This month, Faiz hired former Stan Chart colleague Raman PK as chief risk officer. He’d been with SCB for more than 25 years, latterly as its Singapore-based global head of risk operations, according to his LinkedIn profile. Paula Liu, also from Stan Chart, came on board in November as head of digital innovations and client experience. Yogesh Madaan, AMTD Digital’s new head of cybersecurity, data and privacy, was previously head of information and cyber security for Singapore at Stan Chart.
Alex Titlyanov joined AMTD Digital earlier this month as chief technology officer. He was previously head of OCBC’s regional development centre, a role he started only in January following a stint as head of APAC private banking channels development at Credit Suisse in Singapore. Vincent Ling, who was deputy general manager of UnionPay International, also joined in December as head of transactional banking and payment solutions.
Other recent senior recruits include Pierre Habib, who moved to AMTD Digital in October from retail platform GoPlus as head of ecosystem and growth, according to his LinkedIn profile.
Having hired many of its senior managers, AMTD Digital is likely to recruit rank-and-file staff in Singapore next year as part of its push into Southeast Asia.
Photo by Brady Rogers on Unsplash
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