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Key management changes at S’pore digital banks GXS, MariBank may signal strategic shifts ahead
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GXS Bank and MariBank are leveraging on the synergies within their respective ecosystems to grow their business.
PHOTO: LIANHE ZAOBAO
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SINGAPORE – Recent high-level management shuffles at Singapore’s two digital full banks – GXS Bank and MariBank – have raised questions about whether changes are afoot in the sector.
Mr Zennon Kapron, an independent analyst who has been involved with fintech for more than 20 years, noted that the executive movements could reflect internal strategic shifts, operational challenges or differing visions for the future direction of the banks.
