Divyesh Vithlani has left Standard Chartered to join First Abu Dhabi Bank (FAB) as its group chief technology and transformation officer. His previous tenure at Standard Chartered was two years, following his move from Accenture. This transition occurs during FAB’s talent expansion and amid a 20% team growth announcement by Standard Chartered in the UAE.
In an impressive career move, Divyesh Vithlani, the group chief transformation officer at Standard Chartered, has transitioned from Singapore to the United Arab Emirates to take on the role of group chief technology and transformation officer at First Abu Dhabi Bank (FAB). This follows a notable two-year period at Standard Chartered after his tenure at Accenture as a senior managing director.
Vithlani, who began his banking career in 1998 at Credit Suisse in Singapore, ascended to the position of group chief technology operating officer over 14 years, during which he briefly relocated to Switzerland before returning to Singapore. His decision to join FAB occurs amidst a wave of strategic recruitment at the bank, which aims to enhance its technological and transformative capabilities.
FAB has recently attracted significant talent, including former Citi executives, demonstrating its rising prominence in the banking sector. The bank was recognized in the 2024 Ideal Employer Rankings, securing fifth place overall and second among banks, just behind Goldman Sachs.
In parallel, Standard Chartered has also recognized the UAE’s potential by announcing a 20% expansion in its frontline private banking team within the region, signalling an increase in their commitment to this vibrant market.
Divyesh Vithlani’s relocation to FAB marks a significant shift within the banking industry, underlining the appeal of the UAE as a destination for banking professionals. His extensive experience will benefit FAB at a time when the bank is actively expanding its technology leadership. Simultaneously, Standard Chartered’s growing presence in the UAE highlights the competitive landscape among financial institutions in the region.
Original Source: www.efinancialcareers.com
