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People moves news

Standard Chartered appoints new COO


25 October 2021 Singapore
Reporter: Maddie Saghir

Generic business image for news article
Image: Khuresh Faizullabhoy
Standard Chartered has enhanced its trade management team with the appointment of Khuresh Faizullabhoy as chief operating officer (COO), trade, based in Singapore.

In this role, Faizullabhoy will work closely with the trade management team to transform and elevate the business service delivery, focusing on the development of its target operating model.

Faizullabhoy will report to Nelius De Groot, COO, transaction banking and FCSO, and Kai Fehr, global head, trade and working capital.

During his career, Faizullabhoy has gained 25 years of experience across diverse geographies and global leadership roles in banking and fintech organisations, where he led and transformed operations, service delivery and frontline teams, as well as in sales and products.

This includes roles as HSBC’s global head of trade operations and chief product officer of Serai Limited, a HSBC funded fintech.

Commenting on the appointment, Fehr says: “This is an exciting time for Khuresh Faizullabhoy to be joining Standard Chartered’s trade team, as we build a new industry-leading end to end service experience for our clients.”

Fehr adds: “Faizullabhoy is an industry veteran, who brings his extensive experience of leading and transforming operations and service delivery to the role, in addition to his valuable ways of working and perspectives from his recent time spent in a start-up, fintech environment.”

Last month, Standard Chartered partnered with fintech FinLync to enable corporate treasury and finance teams to rapidly and easily connect to its application programmer interface offerings via FinLync.
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