STACS Appoints New Chief Commercial Officer, Aims to Raise More Fundsby Fintech News Singapore March 1, 2022
STACS (Hashstacs), a blockchain-based fintech firm focused on Environmental, Social, and Governance (ESG), has appointed Sharon Yuen as its new Chief Commercial Officer to lead business development and sales efforts.
Sharon will be responsible for shaping the commercial and business strategy at STACS, ensuring an effective go-to-market plan is established and well-executed for the fintech’s business growth in the expansion of client and partner network globally, which includes global banks, stock exchanges, asset managers, and corporates.
She has been at IHS Markit as Director of Sales, as well as Head of ASEAN Sales and progressed on to Strategic Alliances within ASEAN and Greater China at R3.
Most recently, Sharon served as the Business Development Director at KX with a focus on extending its financial services business in the region.
Sharon Yuen, Chief Commercial Officer at STACS said,
“I am driven to be part of the dynamic growth at STACS. It is hugely exciting to be joining at an opportune time when STACS is rapidly expanding its verticals on ESG Finance, in partnership with Singapore’s central bank.
Our team will be laser-focused, with a clear product roadmap to target the best-of-breed partners and clients, and I look forward to leading the charge and continuing driving this success forward with STACS.”
This appointment follows STACS’s partnership announcement with the Monetary Authority of Singapore’s (MAS) on Project Greenprint last November.
STACS’s flagship blockchain-powered platform ESGpedia will be used for the Project Greenprint ESG Registry.
ESGpedia is an industry-wide library that provides financial institutions, corporates, and regulatory authorities a single point of access to quality ESG certifications and data of various industry sectors, and enhances the mobilisation of ESG capital.
It is currently deployed in its beta phase, with ongoing partnerships with numerous leading financial institutions and a growing ecosystem spanning various sectors.
The firm will be commencing another funding round later this year after its successful Pre-Series A in early 2021.