While many in finance are being tempted away from their homes to work in the UAE, for some it’s just a temporary gig. Chris Ashe, ex-CTO of Mox Bank in Hong Kong, left for Abu Dhabi less than two years ago; now he’s leaving… for Singapore.
Ashe has joined Partior, a blockchain payments infrastructure fintech, as its CTO. He held multiple roles across his stint in Abu Dhabi prior to joining. He was VP of digital asset custody fintech Tungsten, and CTO of lending solutions fintech CredibleX.
Ashe also spent two and a half years at Mox, Standard Chartered’s Hong Kong digibank. He spent a year as CTO before becoming interim chief information officer, leading a team of over 150 technologists. As part of the role, he implemented an agile framework known as the ‘Spotify Model’, thought to be a particularly fast and autonomous version of Agile.
That autonomy might be appreciated by technologists at Partior which has had a turbulent last 12 months. It raised $60m and appointed a new CEO in Humphrey Valenbrender, formerly an ABN AMRO MD in New York. However it also reportedly cut 30 of its 130 employees and triggered several resignations from staff who claimed the new leader had “planted a toxic culture.” Glassdoor reviews since have called the office a “zombie town” where morale is “extremely low.” They also complain of a lack of tech strategy, which Ashe will presumably play a role in fixing.
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