Validus, a digital SME financing platform based in Singapore, has appointed Chong Khai Siang as its Group Chief Financial Officer (CFO).
Reporting to Group CEO Nikhilesh Goel, Khai Siang will manage finance and corporate development, guiding business strategy across the region.
With over two decades in financial services, Khai Siang brings extensive experience in business strategy, finance, treasury, and capital markets.
Prior to joining Validus, he held senior leadership roles at Fullerton Financial Holdings, where he oversaw treasury and capital markets, corporate communications, and a subsidiary in China. He also played a key role in enhancing enterprise value and governance frameworks.
At Standard Chartered Bank, Khai Siang managed balance sheet and regulatory requirements as Head of Liability Management in the Financial Markets front office.
He also served in various finance roles in Singapore and as the ALM chief dealer in Shanghai, China. He began his career at Deutsche Bank in global custody.
Validus recently surpassed S$5 billion in SME loan disbursals across Singapore, Vietnam, Indonesia, and Thailand.
The company is supported by investors such as Vertex Ventures Southeast Asia and India, Vertex Growth, FMO, 01Fintech, NongHyup Financial Group, Norinchukin Bank, Aizawa Asset Management, Lotte F&L, AddVentures by SCG, VinaCapital Ventures, SEA Frontier Fund, K3 Ventures, and Openspace Ventures.
Nikhilesh Goel, Co-founder and Group CEO of Validus, commented,
“With Khai Siang at the helm as the Group CFO for Validus, we are strategically positioned to accelerate our financial strategies and drive growth across all markets through innovative methods.
I am delighted to welcome Khai Siang to Validus. As we continue to address the US$270 billion financing gap faced by SMEs in the region, his expertise will be pivotal in identifying opportunities and implementing robust financial solutions across Southeast Asia.”
Featured image credit: Edited from Freepik
