Standard Chartered hires new global head of technology
Standard Chartered has hired former UBS executive Cat Rüst as its new global head of technology.
Rüst joins the bank after leaving her previous post in July. She spent three years in her previous post, working as head of innovation technologies for wealth management in Greater China.
Prior to her time at UBS, Rüst spent 10 years at digital platform company Exicon, which she founded in March 2007.
She will be based at Standard Chartered’s Hong Kong office.
In an interview with Lattice80 in 2019, Rüst says that she has founded eight different technology companies from app management to API management.
She said she joined UBS as she had “wondered whether banks are capable of change”.
Earlier this year Standard Chartered announced a three-year strategic partnership with Microsoft. The bank will deploy Azure as a preferred cloud platform.
The deal is part of a multi-cloud strategy at the bank. It plans to have its core banking, trading systems, virtual banking, and banking as a service hosted by 2025.