Former MAS Executive Joins Standard Chartered To Lead AI Enablement Division

Standard Chartered recently appointed David Hardoon as the new global head of Artificial Intelligence enablement.

Prior to joining Standard Chartered, Hardoon acted as an executive at the Monetary Authority of Singapore (MAS). Now, he joined the bank with immediate effect. He will operate from Singapore, and report to chief data officer Mohammed Rahim.

While he was still working at MAS, Hardoon acted as the chief data officer himself. He also worked as chief data and AI officer at UnionBank’s branch operating in the Philippines. As such, he has plenty of experience in the field, which will be necessary for his new role, which will put him in charge of AI capabilities and governance with the chief data office.

Essentially, his role will involve identifying new opportunities across the bank, specifically areas where introducing artificial intelligence can add value and improve the bank’s processes.

Standard Chartered Wants To Make AI An Even Greater Part Of Its Operations

Standard Chartered’s desire to expand the use of AI across the bank’s sectors does not come as a major surprise. After all, the bank has been an enthusiastic adopter of AI in the last few years.

It recently introduced its own native Generative AI (GenAI) tool, which it named SC GPT. The tool was quickly rolled out to all of its offices around the world, and was made available to tens of thousands of the bank’s employees globally.

Commenting on Hardoon’s new role at Standard Chartered, Rahim stated that he was a senior and strategic hire for the Chief Data Office. As part of the office, Hardoon will play acritical role in shaping and driving the bank’s AI strategy, furthering its ambitions involving artificial intelligence.

Rahim also said that Hardoon’s work will help endure that the bank will harness the full potential of these emerging technologies, and further enhance the bank’s data-driven, client-focused services and operations.