Man who managed 20,000 people at Standard Chartered takes MD job at UOB

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UOB’s expanding Singapore technology and operations department has added another senior recruit to its ranks. Chee Sun Kwan, a Standard Chartered stalwart, joined UOB earlier this month as a managing director. UOB did not respond to a request to comment on his move.

Kwan had been with Stan Chart for more than 25 years, almost his entire career. Most recently (2015 to 2019), he was CEO of Global Business Services (GBS), the firm’s gigantean shared services unit, in India. Kwan was in charge of some 20,000 staff across seven locations in Chennai and Bangalore, and responsible for services such as client onboarding, financial crime surveillance, finance shared services, and technology, according to his LinkedIn profile.

Prior to that, Kwan spent three years in Kuala Lumpur as Malaysia CEO for GBS, where his 5,000 staff supported 50 of Stan Chart’s markets globally. During his tenure, Kwan helped to  spearhead the opening of the Collective Intelligence and Command Centre, a cyber security hub.

He started his Stan Chart career in Kuala Lumpur in 1994 as an audit manager. Kwan has since held several senior positions at the bank in Singapore, Indonesia and India, including head of finance for corporate and institutional banking (2003 to 2007).

Kwan is not the only senior person to have joined UOB’s technology and operations division in recent weeks. As we reported earlier this month, the Singaporean bank has hired Adrian Teo from Julius Baer as head of information security governance. In September, Albert Kho joined from DBS as a managing director, group retail and channels, technology and operations.

As we reported earlier this month, it is likely that tech and ops recruits account for a high proportion of the 1,115 new employees that UOB added to its headcount in the year to end-September. The bank’s Q3 results repeatedly state that it has “invested in talent and technology” in 2019.

Image credit: Getty

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