BankingBusinessFinTech

Singapore Gulf Bank strengthens C-Suite ahead of launch

  • Ali AlShamma has been appointed as Chief Financial Officer (CFO) of SGB. He previously served as CFO for Goldman Sachs and Citigroup in Saudi Arabia.
  • Elaine Leong has been named Chief Operating Officer (COO). She previously held the COO role at Sygnum in Singapore and has worked with State Street, Citi, and GIC.
  • AlShamma will focus on leading financial strategy and connecting markets across Asia and the MENA region.
  • Leong will oversee global operations for SGB.
  • SGB is backed by Whampoa Group (Singapore) and Mumtalakat (Bahrain’s sovereign wealth fund).
  • The bank is set to launch by November 2024, offering a platform to manage both traditional and digital assets.
Previous article
Mastercard acquires Minna Technologies to upgrade subscription experience
Next article
JP Morgan to bolster community presence with planned hiring spree in US
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

FinTech

Visa and TikTok Launch Creator Card, Enhancing Monetization for Influencers

New financial tool aims to streamline earnings for content creators.Highlights: Visa and TikTok have launched the new Creator...
FinTech

Nium and Coinbase Strengthen Global Stablecoin Settlement Partnership

The collaboration aims to enhance cross-border payments using stablecoins.Highlights: Nium partners with Coinbase to optimize stablecoin settlements.The collaboration...
FinTech

FCA Announces Second Cohort for AI Live Testing Initiative

New phase aims to improve integration of AI in financial services.Highlights: FCA launches second cohort for AI live...
FinTech

Cab Payments Strengthens Case Against Helios Blocking Takeover Bid

Cab Payments contests Helios Investment's actions regarding merger talks.Highlights: Cab Payments accuses Helios of blocking a crucial takeover...