Standard Chartered Adds Information Chief in Singapore
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Standard Chartered hires a chief information officer for its corporate, commercial and intuitional banking arm, based in Singapore.
Rene W. Keller joins the British lender with responsibilities over the business’ «technology strategy, architecture and delivery value chain,» according to a release. He will report to Dr. Michael Gorriz, group chief information officer (CIO) at Standard Chartered.
Keller was most recently a group data officer and group head of innovation at Deutsche Bank after serving as the bank’s global CIO of its private wealth arm. Previously, he was group CIO for Germany’s international exchange, Deutsche Börse; COO for fintech Information Mosaic; alongside other tech leadership roles at Swiss Life, Credit Suisse and UBS.
The hire signals greater commitment by Standard Chartered to build capabilities to capitalize on the industry’s ongoing path towards digitalization as well as withstanding the emerging entrants of promising fintech players, especially in Asia.
The hire signals greater commitment by Standard Chartered to build capabilities to capitalize on the industry’s ongoing path towards digitalization as well as withstanding the emerging entrants of promising fintech players, especially in Asia.
The bank has already undergone several projects to boost its tech capabilities including: a mobile token rolled out for corporate clients in more than 38 markets; the joining of the Enterprise Etherium Alliance to develop blockchain research and application in banking; and established a new venture, alongside five other founding banks, to address unmet financing demand from the early stages of supply chains.
Keller will play an instrumental role in driving the business forward by digitizing our clients’ experience and co-creating innovative solutions by partnering and maintaining its fundamental role against the growing competition of fintech and big tech,» said Gorriz, underlining the corporate, commercial and institutional business’ ongoing «growth and evolution journey.
Questions & Answers
Q.What will Rene W. Keller's primary responsibilities be in his new role at Standard Chartered?
What will Rene W. Keller's primary responsibilities be in his new role at Standard Chartered?
He will oversee the corporate, commercial and institutional banking arm's technology strategy, architecture, and delivery value chain. This appointment reflects the bank's commitment to digitalization and competing with fintech entrants, particularly in Asia.
Q.Where was Rene W. Keller employed before joining Standard Chartered?
Where was Rene W. Keller employed before joining Standard Chartered?
Most recently, he was a group data officer and group head of innovation at Deutsche Bank. Before that, he served as the global CIO for Deutsche Bank’s private wealth arm and was group CIO for Deutsche Börse.
Q.What is the strategic importance of this new hire for Standard Chartered?
What is the strategic importance of this new hire for Standard Chartered?
The hire signals Standard Chartered's increased commitment to building capabilities for digitalization. It aims to capitalise on industry trends and withstand competition from new fintech players, especially in the Asian market.
Q.What specific technological initiatives has Standard Chartered already undertaken?
What specific technological initiatives has Standard Chartered already undertaken?
The bank has rolled out a mobile token for corporate clients in over 38 markets. It also joined the Enterprise Ethereum Alliance for blockchain research and established a venture with five other banks to address supply chain financing needs.
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