Standard Chartered announced the appointment of Naveen Mallela as Global Head of Payments effective 4 May 2026. Naveen will be based in Singapore and will report to Mahesh Kini, Global Head of Cash Management, Standard Chartered. In his role, Naveen will lead the bank?s integrated payments organisation bringing together Collections, Clearing and Payments teams into a single organisation reflecting the rising client demand for end-to-end solutions.
The global payments team will design and deliver solutions across the entire payments? lifecycle across traditional and emerging tokenised and on-chain payment flows. Naveen joins the Bank from JP Morgan Chase where he was the Global Co-Head of Kinexys (formerly Onyx), the bank?s permissioned blockchain business unit focusing on real-time, 24/7, cross-border payments and digital asset settlement.
With more than 25 years driving global transaction banking and payments innovation experience, Naveen brings deep expertise in modernising payment infrastructures and scaling next-generation solutions.
Standard Chartered PLC is the leading banking group in the emerging countries. Net banking product breaks down by activity as follows:
- retail and private banking (70.3%): sale of products and traditional banking services, issue of credit cards, consumer and real estate loans, small and medium business loans, on-line banking, etc.;
- commercial, corporate, investment, and market banking (28.4%): business financing, credit unions, sales of structured products, cash and rate management, security compensation and conservation, fund management, etc.;
- other (1.3%).
At the end of 2024, the group had USD 464.5 billion in current deposits and USD 281 billion in current loans.
Income is distributed geographically as follows: the United Kingdom (1.4%), Hong Kong (24.5%), Singapore (13.2%), China (6.8%), India (6.8%), the United States (6.6%), South Korea (5.5%), United Arab Emirates (4.3%), Taiwan (3%) and other (27.9%).
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