Standard Chartered Transformation Chief Divyesh Vithlani Joins UAE’s FAB

Divyesh Vithlani, Standard Chartered’s chief transformation officer, has transitioned to First Abu Dhabi Bank in the UAE. He previously worked at Accenture and made his mark during a long tenure at Credit Suisse. His departure reflects a growing trend of banking professionals relocating to the UAE, a market that continues to attract talent and expand operations.

Divyesh Vithlani, the group chief transformation officer at Standard Chartered, has departed from Singapore for a new role at First Abu Dhabi Bank (FAB) in the United Arab Emirates. This move reflects a broader trend among banking professionals and technologists seeking opportunities in the UAE, a region gaining prominence in the financial sector.

During his tenure at Standard Chartered, which lasted two years, Vithlani transitioned from his previous position at Accenture, where he served as a senior managing director. He originally gained significant recognition at Credit Suisse, starting as a vice president in Singapore in 1998, eventually becoming the group chief technology operating officer.

His career has seen significant geographical movement, including a two-year stint in Switzerland before returning to Singapore to work for a decade. Vithlani’s move to FAB follows the bank’s recent hiring spree, which includes the acquisition of senior executives from Citi, indicating FAB’s rising status in the banking industry.

Moreover, Standard Chartered is also focusing on the UAE market, recently announcing a 20% expansion of its frontline private banking team in the region. This strategic decision highlights the engagement of both Standard Chartered and FAB in leveraging the UAE’s growing appeal within the financial sector.

In conclusion, the relocation of Divyesh Vithlani from Standard Chartered to First Abu Dhabi Bank signifies the increasing allure of the UAE for banking professionals. Vithlani’s esteemed career, marked by significant achievements at notable institutions, complements FAB’s recent hiring initiatives and Standard Chartered’s commitment to expanding its operations in the UAE. Together, these developments underscore the dynamic growth and opportunities in the banking sector within the region.

Original Source: www.efinancialcareers.com