Faraaz Ali

Global Head of Frontline Platforms Solutions & Delivery

Standard Chartered Bank, Singapore

Faraaz joined Standard Chartered in January 2022 and has since been instrumental in driving adoption and utilisation efforts across the bank’s core digital S2B web/mobile channels, open banking products, and platform capabilities. He is currently the Global Head for Frontline Platform & Solutions Delivery, which includes CRM, Client Onboarding, Implementation, and Servicing.

Prior to joining Standard Chartered, he spent eight years at DBS Bank, where he led Open Banking efforts across Asia. He was responsible for B2B and B2C partnerships with multinationals such as Google and Alipay, enabling payments, FX, and lending use cases across both corporate and consumer divisions—generating net new income for the bank via the award-winning DBS digibank platform.

While at DBS, he also served as Regional Head of Deposits & Secured Lending products for Asia, managing liabilities of $220 billion and assets of $80 billion. Additionally, he was a core member of the deal and integration teams for two major acquisitions: ANZ Asia and LVB India.

From 2013 to 2017, he was the APAC Head for Retail Banking & Payment Products at ANZ Bank, overseeing business and product management functions that delivered $700 million in income. This portfolio was later acquired by DBS in 2017.

Faraaz also spent ten years at Citibank, most recently leading the payments and lending businesses across the Middle East and North Africa, where he successfully turned around the business post-GFC to deliver $200 million in income. Earlier, in the United States, he led alternate channel development through online and data-driven marketing.

Faraaz began his banking career at Capital One in 2001, holding various roles including Process Manager for the Canada cards business and Project Manager for Capital One US. He was responsible for systems integration with PeopleFirst Bank and for automating key back-end processes.

He holds a Master’s degree in Information Technology with honours from the University of Dallas. Faraaz is also actively involved in community development and youth mentoring initiatives across Singapore, the UAE, and India, most recently serving as a Den Leader with the Boy Scouts of America.