23 June 2017, Singapore: Ajay Kanwal, an Indian born Singaporean, has been appointed as Senior Advisor for Texas Pacific Group (TPG), Singapore. He has recently also been appointed as Senior Advisor for Mastercard. In addition, he has been nominated as the Chairman of the Audit and risk committee at the Yellow Ribbon fund. It is the first and only national charitable fund in Singapore devoted towards the development and implementation of rehabilitation and reintegration programmes for ex-offenders and their families.
Mr. Kanwal has been in the banking industry for 27 years and has worked across most geographies in Asia with consumer and commercial banking being his core skills. Ajay has spent a large part of his career being a successful consumer banker at Standard Chartered Bank and is well versed with the banking payment business.
Ajay has extensive experience in managing risk and processes while being client centric and driving an innovation agenda. Some of his key achievements include rejigging the business models to create a sustainable and compliant business for banks focusing on wealth, cross border and strong risk/ reward trade off. He created strong brand awareness with the launch of FT-SCB Economic summit, SCB Taiwan marathon and provided a unique charity of providing employment for the blind. He also helped create the first fully digitized process for consumer banking products which was first in market and adopted globally by the bank.
Previously, he has undertaken various roles at Standard Chartered Bank such as the regional CEO-ASEAN and South Asia, Regional CEO-North East Asia, CEO- Taiwan, Regional Head Consumer Banking- South East Asia, Head Consumer Banking- Singapore, Head Consumer Banking-Thailand, etc.