Standard Chartered global head leaves to found fintech start-up

Manohar Chadalavada, a veteran executive with almost two decades of experience at Standard Chartered, departs the bank to establish a fintech startup.

Facts

  • Manohar Chadalavada, with over 24 years of experience in consumer banking, specializing in digital transformation, data analytics, risk management, and API banking, began his career at American Express in India before joining Standard Chartered in 2005.
  • During his tenure at Standard Chartered, Chadalavada held various roles and rose through the ranks. In 2014, he became the country’s chief risk officer for the Philippines, serving in this role for almost three years.
  • In 2016, he assumed the position of group head of retail risk services and innovation, based in Singapore. From 2018 to 2021, he served as the global head of servicing and transaction journey, retail innovation, and fintech.
  • Most recently, Chadalavada worked as the managing director and global head of AI, ecosystems, and open banking until he departed from the firm in August 2023.
  • Chadalavada announced his career move on LinkedIn, revealing his role as part of the founding team/CxO at an undisclosed fintech startup, with details to be revealed soon.
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Northern Trust Strengthens Asset Management with Tokenized Money Market Share Class

New offering aims to enhance liquidity and investment flexibility.Highlights: Northern Trust introduces a tokenized money market share class.This...

FundBank Strengthens Position with Acquisition of TRRUE Blockchain Firm

The acquisition enhances FundBank's capabilities in blockchain technology.Highlights: FundBank has acquired the Irish blockchain firm, TRRUE.The acquisition aims...

Visa Strengthens Ties as Anchor Investor in PayPay IPO

Visa commits to supporting PayPay's growth through IPO investment.Highlights: Visa invests as anchor in PayPay's IPO.This move highlights...

Santander and Mastercard Complete Europe’s First Live Agentic AI Transaction

This groundbreaking transaction marks a milestone in AI-driven financial technology.Highlights: Santander and Mastercard execute Europe’s first agentic AI...