Standard Chartered’s Hong Kong virtual bank get a new CEO

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Moving forward with its plans to set up digital banking operations in Hong Kong, Standard Chartered appoints Deniz Güven as the CEO for its new entity.

Güven will lead a team to build a new banking model that will deliver innovative digital solutions to clients in Hong Kong.

Mary Huen, Chief Executive Officer of Standard Chartered Hong Kong says: “The setting up of a new entity marks a very important step towards making a truly digital bank in Hong Kong a reality. I am delighted to have Deniz as the CEO. If our application is successful, Deniz will lead the team in building a virtual bank which will be a break-through in how clients experience banking, focussing on financial inclusion and fostering dynamic partnerships to create a comprehensive digital ecosystem.”

Samir Subberwal, Regional Head of Retail Banking, Greater China and North Asia at Standard Chartered adds: “We have a real opportunity to create a new bank designed to make life easier and more rewarding for Hong Kong clients. We have the expertise in financial products, and now we will focus on creating valuable digital services and collaborating with technology players and start-ups.”

Güven comments: “I am honoured to have the opportunity to lead a new virtual bank in Hong Kong. Our focus is to build a smart bank to solve clients’ pain points with real digital services. We aim to create and execute a new banking model, which will set the global benchmark for all digital players.”

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