Standard Chartered has announced the appointment of Khuresh Faizullabhoy as chief operating officer for trade, reporting to Nelius De Groot, chief operating officer, transaction banking and FCSO, and Kai Fehr, global head, trade and working capital.

Based in Singapore, Faizullabhoy will work closely with the trade management team to transform and elevate the business service delivery, focusing on the development of its target operating model.

Faizullabhoy brings to the bank over 25 years of experience across diverse geographies and global leadership roles in banking and fintech organisations, where he led and transformed operations, service delivery and frontline teams, as well as in sales and products. This includes his roles as HSBC’s global head of trade operations and chief product officer of Serai, a HSBC-funded fintech.

“This is an exciting time for Faizullabhoy to be joining Standard Chartered’s trade team, as we build a new industry leading end-to-end service experience for our clients,” Fehr says. “Faizullabhoy is an industry veteran, who brings his extensive experience of leading and transforming operations and service delivery to the role, in addition to his valuable ways of working and perspectives from his recent time spent in a start-up, fintech environment.”