Revolut has hired its Sinagpore senior team which will lead the fintech’s big push into Asia.
Topping the bill is James Shanahan who slots in as Singapore CEO. His latest gigs saw him at Railsbank as Chief of Staff and before that, Chief Operating Officer at SingLife.
Supporting roles come in the shape of Rayson Tan and Pam Chuang. Rayson picks up the titles Chief Compliance Officer, Chief Risk Offier and Head of Legal. He was a former Managing Director in the compliance and regulatory affairs department at Credit Suisse. Pam Chuang, previously VP of Sales and Partnerships at fintech GoBeargets, gets the Head of Growth seat.
Revolut is set to push its full suite of products to Singapore, Japan and Australia by the end of 2020.
Mr Shanahan told The Business Times: “Our ambition is to achieve product parity in these countries by the end of the year. We’re accelerating our product launches in this part of the world and have dramatically ramped up discussions with our product teams in Europe and the UK.”
Mr Shanahan has over 25 years experience in the financial services and insurance sectors. He has worked at banks and insurers, mostly in Asia, including ANZ Bank, Avaloq, Standard Chartered, AXA Insurance and Accenture.
The new team will head-up an operation in Singapore which currently has around 65,000 users and some 30 staff. The Singapore office was launched in October 2019.