“We remain committed to investing in and hiring talent despite the current Covid-19 situation, ” Grab and Singtel said in response to queries from Bloomberg News.
SINGAPORE: Charles Wong, Citigroup Inc’s former retail banking head in Singapore, has joined a new venture between Grab Holdings Inc and Singapore Telecommunications Ltd that’s competing for a digital bank licence.
The Grab-Singtel joint venture said it’s starting to fill critical roles because it will take time to build a new digital banking service in the South-East Asian financial hub. Wong will be senior managing director of the digital bank as it starts up.
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