Standard Chartered global head leaves to found fintech start-up
Manohar Chadalavada, a long-standing executive at Standard Chartered, has left the bank after nearly two decades to found a fintech start-up.
Chadalavada has over 24 years of work experience in the consumer banking field, specialising in digital transformation, data analytics, risk management and API banking. He started his career at American Express in India, where he held several roles before joining Standard Chartered Bank in 2005.
There, Chadalavada worked his way up serving in several capacities until 2014, when he was promoted to country chief risk officer for the Philippines, a role he served in for nearly three years.
In 2016, he was assigned the role of group head retail risk services and innovation, based in Singapore. From 2018 to 2021, he served as global head servicing and transaction journey, retail innovation and fintech. Most latterly, he worked as managing director and global head of AI, ecosystems and open banking from April 2021 until he left the firm in August 2023.
Taking to LinkedIn to write about his move, Chadalavada says: “As I step into the next phase of my career, I am thrilled to announce that I will be part of the founding team/CxO at an exciting stealth start-up/fintech, details of which will be unveiled shortly.”