The financial services and fintech senior executive joins from Standard Chartered, where she was the managing director and chief commercial officer of its ventures and fintech investment unit.
The Bank of International Settlements (BIS), a hub for central banks and other financial regulatory and supervisory authorities, has announced the appointment of Benedicte Nolens as head of its Innovation Hub in Hong Kong, a position that comes with a three-year term, from July 1, it said in an announcement.
Nolens brings deep knowledge and experience in fintech and financial regulation, having worked in these areas in both the public and private sector, including for the Hong Kong Securities and Futures Commission, she was the head of risk and strategy from 2012 to 2018. From 2007 to 2012, she was a managing director at Credit Suisse in Hong Kong. Prior to this role, she was an executive director and deputy head of compliance for Asia ex-Japan at Goldman Sachs, where she spent 10 years.
Promoting Innovation in Banking
In September, BIS signed an operational agreement with the Hong Kong Monetary Authority to establish an innovation center in the special administrative region.
The Hong Kong Centre is developing a distributed ledger technology based platform to streamline processes for trade finance. It is also examining the opportunities and challenges that big tech poses for financial markets.
BIS also operates similar hubs in Singapore, launched in November 2019, and in Basel. They are helmed by Andrew McCormack, formerly chief information officer at Payments Canada, and Morten Bech, former head of the secretariat of the Committee on Payments and Market Infrastructures (CPMI), respectively.
