Revolut, has bolstered its leadership team in Singapore with the appointment of a Chief Executive Officer, Chief Compliance Officer and Head of Growth. This comes after it announced Martin Gilbert’s appointment as Chairman of its Board, who sat on the MAS International Advisory Panel until early 2020.
Revolut has now appointed James Shanahan as Chief Executive Officer, responsible for growing Revolut’s local business and expanding into wider Asian markets.
James joined Revolut in March 2020 and was previously Chief of Staff for Railsbank Technologies in South East Asia and Chief Operating Officer for Singlife. He has more than 25 years experience with large banks, insurers and third parties, predominantly in Asia, including ANZ Bank, Avaloq, Standard Chartered Bank, AXA Insurance and Accenture. He has led new business launches, M&A, strategy, technology and operations in Hong Kong, Singapore, South Korea, Taiwan, Thailand and Australia.
Speaking on his appointment, James Shanahan said:
“I’m incredibly excited to join Nik, Vlad, Richard and the entire Revolut team on their journey to transform financial services. Revolut has grown rapidly in Singapore and we continue to enjoy very positive momentum despite the short term social and economic restrictions. Our ongoing Medical Energizer community support program illustrates Revolut’s social values and we will continue to create strong value for our customers as we grow Revolut’s footprint in Singapore and around the region.”
Further reinforcing Revolut’s leadership team, Rayson Tan has been appointed Chief Compliance Officer, Chief Risk Officer and Head of Legal at Revolut Singapore. Rayson is a career Compliance and Risk professional with 20 years of financial services experience in some of the world’s largest financial services firms. Prior to Revolut, he was Managing Director in the Compliance & Regulatory Affairs department at Credit Suisse. Rayson has deep in-house experience building and leading Compliance programs in financial services across investment banking, private banking, corporate banking, and asset management. He has also held various country, regional and global AML and Sanction roles at Deutsche Bank and UBS Investment Bank.
Another appointment include Pam Chuang as the head of growth, A seasoned executive with close to two decades of experience, she has held leadership positions in financial institutions of all sizes across Asia, most recently as VP of Sales & Partnerships at GoBear. Before that, Pam held leadership roles for companies including AIA Group, ReMark International, Saxo Bank and Aon.