Temasek has taken on Jamie Vachon, Eastspring Investments’ former global head of technology, as a senior external consultant, focused on data solutions. Vachon is a consultant for iCompaz, a technology vendor for Temasek. His move comes as financial services firms in Singapore step up their hiring of people into senior data roles.
Vachon was in his Singapore-based job at Eastspring, the asset management arm of Prudential, for about three and a half years, according to his LinkedIn profile. He was responsible for “end-to-end technology outcomes” at the Asia-focused firm, which manages $216bn in assets, and he led transformation projects such as migrating a core data management system onto Microsoft’s Azure cloud platform.
Banks such as Stan Chart, Citi, DBS, OCBC and UOB are competing with Google, Amazon, Facebook and other tech firms to recruit people with data science and data analytics skills into leadership roles.
As we reported last month, for example, Standard Chartered hired Hussain Thameezdeen as head of data quality and data analytics. In September, Thameezdeen’s former employer, Bank of Singapore, recruited senior data scientist Nikolay Novozhilov into its innovation unit.
Meanwhile, OCBC is taking on more data scientists for its artificial intelligence (AI) lab in Singapore. The unit, which launched last March with a team of just three, now employs about 30 data scientists, and OCBC wants its headcount to reach 40 next year, lab head Ken Wong told us in September. Financial institutions aren’t the only ones hiring data scientists in Singapore. Shopee, the ecommerce platform owned by Singaporean tech giant Sea, announced recently that it is growing its data science team.
New Temasek-based consultant Vachon started his career in 1994 and worked for various IT companies (including Infosys and marchFIRST) in his native Australia until 2006, when he joined AMP. Vachon spent almost 10 years at the firm, including as head of technology for insurance, and as head of tech for AMP Capital, its investment management arm.
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