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

X to Launch Crypto and Stock Trading, Expanding Investment Options

X's new platform aims to integrate cryptocurrency and stock trading.Highlights: X will launch a new platform for crypto...

UK’s NSI Bank Transformation Programme Faces Major Criticism

The transformation initiative is labeled a full-spectrum disaster by experts.Highlights: NSI Bank's transformation programme has drawn severe criticism.Experts...

Uptiq Secures $25 Million in Funding to Boost Bank AI Solutions

The funding aims to enhance Uptiq’s AI offerings for banking institutions.Highlights: Uptiq raises $25 million for AI enhancements.Funding...

UK’s NS&I Bank Transformation Programme Criticized as Major Disaster

Report reveals significant failures in the digital banking upgrade project.Highlights: NS&I Bank under fire for its transformation programme...