Standard Chartered, a and financial services company, is going full steam ahead with its plans to set up a digital banking operation in Hong Kong. In fact, the company announced on Thursday that it has appointed Deniz Güven as the CEO of the virtual bank.
According to the statement, Güven will lead a team to build a banking model that delivers innovative digital services “with a human touch”. Leading the virtual bank lines up nicely with Güven’s experience as, according to his LinkedIn, he has been working with the bank since May last year as Senior Managing Director, Global Head at Digital.
Commenting on his new role, Güven said: “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.”
Standard Chartered revealed that it was wanting to establish a virtual bank back in June. This is thanks to new rules from the that grants virtual banking licences for both traditional and non-bank financial institutions. The move was particularly prompted by the desire to attract clients from the millennial segment, the statement said.
Deniz Güven’s 18-year career
Source: LinkedIn
During his career, Güven has also held positions at and DemirBank where he worked in Channel Management in both firms. Since 2015, he has also been a columnist with Digital Age Dergisi, a Turkish magazine. Throughout his life, Güven has attended London Business School, Columbia Business School, Stanford University Graduate School of Business and more where he has a number of degrees and accreditation, including an MBA from İstanbul Bilgi Üniversitesi.
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