The achieved former banking govt undertakes a dual position to develop XREX’s worldwide footprint and optimize product providing for shoppers.
TAIPEI, Aug. 23, 2021 /PRNewswire/ — XREX Inc. announced now that Christopher Chye has joined the business as Managing Director of XREX Singapore and Director of Merchandise of XREX Inc. In this twin function, Chye will oversee XREX’s enterprises and operations in Singapore and play an instrumental job in bringing new worth propositions to XREX’s clientele.
“With a stellar track report in digital banking, innovation, fiscal crime avoidance, compliance, management, operational excellence and products development, Christopher delivers considerable worth to XREX that will usher the business to its future chapter of advancement and achievement,” claimed Wayne Huang, Main Govt Officer and XREX co-founder. “We are energized to leverage Christopher’s know-how to assist emerging marketplaces business owners and SMEs contend in world-wide commerce on an even playing discipline.”
Established in 2018, XREX is a crypto-fiat fintech company with the mission of driving economical inclusion in emerging marketplaces by leveraging blockchain know-how. XREX is supported by a consortium of world-wide traders comprising publicly-detailed companies, significant banks, enterprise capital companies, and top fintech traders from the US, Singapore, Hong Kong, Japan, Canada, Germany, Estonia, and Taiwan. Potent participation by publicly shown organizations underscores XREX’s commitment to ensure compliance with regulatory bodies.
“Christopher’s wealthy practical experience and deep expertise in compliance and skill to perform carefully with community regulators add immeasurable benefit to XREX and its customers,” explained Winston Hsiao, Main Revenue Officer and XREX co-founder. “Singapore has a experienced and crystal clear regulator framework for the digital forex sector XREX is searching forward to doing the job with Christopher to extend our providers in Singapore and outside of.”
“Technology is to be fathomed, not feared,” explained Chye, a Singaporean who acquired his double degree in Accountancy and Company from Nanyang Technological University, Singapore. “There is remarkable headroom for common finance and rising technologies not to just co-exist, but to spar, cross-pollinate, and indeed thrive collectively. With its robust infrastructure, access to major expertise and supportive governing administration posture, Singapore offers the quintessential system for like-minded technopreneurs to zealously embrace human ingenuity and, collectively, progress the frontiers of technological innovation and finance.”
Prior to XREX, Chye was an government director at Regular Chartered Financial institution wherever he amassed a breadth of banking encounter across a broad array of companies and capabilities which include business banking, shopper banking, prosperity management and economical crime compliance. He was a pioneer member of Conventional Chartered’s digital bank undertaking in Singapore, wherever he led the Bancassurance, Rewards & Loyalty, and Model & Promoting pillars.
Through his tenure at Normal Chartered, Chye also served as Chief of Employees to the bank’s former Regional CEO of ASEAN and South Asia, who is now Team CEO of Purchaser, Private and Enterprise Banking. In aid of the bank’s concerted endeavours to battle economic criminal offense, Chye was previously Typical Chartered’s region guide responsible for applying the bank’s enhanced Customer Because of Diligence specifications in South Korea.
In advance of signing up for Standard Chartered, Chye was a administration advisor with KPMG and worked closely with best-tier monetary institutions in the locations of lean process re-engineering, regulatory compliance, and IT assurance.
When requested about his views on the road forward, Chye adds, “We are likely to be completely poised among satisfaction and pain for a whilst, but I’m assured that when we pull through, we are going to seem again on currently as a watershed minute in heritage, and we’ll be happy we bought to be a section of it.”
Founded in August 2018 and headquartered in Taipei, XREX Inc. is a crypto-fiat fintech enterprise with a mission of driving monetary inclusion by resolving the dollar liquidity lack concern in emerging economies. Armed with a group of earth-primary specialists in compliance, cryptocurrency, blockchain, fintech and cross-border payments, XREX presents innovative methods to enable cross-border SMEs contend on an even playing area. Abide by XREX on Twitter, Fb, weblog, and LinkedIn.
Source XREX Inc.