GXS Bank Names New Chief
Singapore-based GXS Bank has announced the appointment of a new group chief executive officer.
GXS Bank’s board of directors has appointed Pei-Si Lai (pictured below) as group CEO, effective June 1, to succeed Muthukrishnan Ramaswami who will retire on May 31, according to a statement. Lai is currently CEO of GXBank, the Malaysian subsidiary of GXS Bank, and her existing role will be taken over by GXBank deputy CEO Kaushik Chowdhury.
Incoming GXS Bank CEO Pei-Si Lai (Image: GXS)
«We are delighted to appoint Pei-Si to succeed Ramu as Group CEO. As a veteran banker with the unique experience of having launched Malaysia’s first digital bank, Pei-Si understands the tremendous impact that digital banks can bring to our communities. She has our unreserved support to fulfill our ambition of becoming the digital bank of Southeast Asia,» commented Hsieh Fu Hua, board chairman of GXS Bank.
GXS Bank is a digital lender licensed by the Monetary Authority of Singapore. It is owned by a consortium consisting of Southeast Asian super app Grab and Singapore telecommunications conglomerate Singtel.
