Who's Moving Where In Wealth Management? HSBC Private Banking, XREX, Standard Chartered

Editorial Staff

26 August 2021

HSBC Private Banking
Sock Leng Ang, who has been head of credit advisory, Southeast Asia for figure Christopher Chye as managing director of its Singapore business and director of product.

In this dual role, he will oversee XREX's businesses and operations in Singapore and bring new value propositions to XREX's clients.

Prior to this, Chye worked in commercial banking, consumer banking, wealth management and financial crime compliance at Standard Chartered.

Founded in 2018, XREX said it has the “mission of driving financial inclusion in emerging markets by leveraging blockchain technology.” XREX is supported by a consortium of global investors comprising publicly-listed companies, major banks, venture capital firms, and top fintech investors from the US, Singapore, Hong Kong, Japan, Canada, Germany, Estonia, and Taiwan.

“Singapore has a mature and clear regulator framework for the digital currency industry; XREX is looking forward to working with Christopher to expand our services in Singapore and beyond,” Winston Hsiao, chief revenue officer and XREX co-founder, said.

Before joining Standard Chartered, Chye was a management consultant with KPMG.