Singapore Gulf Bank (SGB), the upcoming digital bank has appointed Ali Alshammah As Chief Financial Officer, Elaine Leon As Chief Operating Officer.
Mr. Alshammah brings extensive experience from his roles as CFO at Goldman Sachs Saudi Arabia and Citigroup Saudi Arabia, while Mr. Leung joins SGB from Sygnum and GIC.
These appointments come as the SGB prepares for its launch in November 2024.
SGB, backed by Bahrain’s Mumtalakat and Singapore-based Onepoa Group, plans to connect traditional and digital finance, allowing users to manage both digital and traditional assets on an integrated platform. .
The bank focuses on connecting markets in Asia and the Middle East and North Africa (MENA) region.
SGB claims to be Bahrain’s first fully licensed digital bank, serving investors, innovators and institutions globally.
Edmund Lee, Founding Chairman of the SGB Board of Directors, said:
“We are thrilled to have Ali and Elaine join us on our journey to transform the way users around the world access banking services.
Together, we will build a financial world that is accessible to everyone. ”
SGB is backed by Bahraini sovereign wealth fund Mamtalakat, which announced an investment in the bank in March 2024, and Singapore-based investment firm Onepoa Group.
Featured image credit: Edited from freepic
