Standard Chartered has announced an update to its group management team, with Alex Manson, CEO of SC Ventures, joining the team effective immediately.
Manson had set up SC Ventures in 2018, and under his leadership, it has become Standard Chartered’s innovation, fintech investment, and ventures arm, driving the bank’s digital transformation and innovation efforts.
He brings over 30 years of banking experience and is known for leveraging his background to build fintech ecosystems that are reshaping the industry.
Manson joined Standard Chartered in 2012 as Group Head of Wholesale Banking Geographies, later serving as Global Head of Transaction Banking in Singapore before founding SC Ventures.
One of SC Ventures’ notable initiatives under Manson’s leadership includes the launch of audax Financial Technology, a digital banking technology solutions provider.
Previously, audax powered Standard Chartered nexus (SC nexus), a white-label plug-and-play Banking-as-a-Service (BaaS) offering for large ecosystem players.
Bill Winters, Group Chief Executive, emphasised the need for Standard Chartered to continually adapt its strategy to remain relevant and meet evolving client needs.
With SC Ventures maturing and innovation becoming increasingly central to the bank’s future, Winters highlighted the importance of reinforcing connections between the bank’s businesses, functions, and ventures.
“I am confident this approach will accelerate the ongoing drive towards a healthy client-focused and risk-aware mindset, while reinforcing a culture of innovation and excellence.”
Featured image credit: Edited from Freepik
