Remittance fintech TransferWise's head of Asia-Pacific expansion leaves
Add BT as a preferred source
TRANSFERWISE - a remittance fintech dubbed a unicorn for its billion-dollar valuation - has lost its top executive who leads international expansion in this region, The Business Times has learnt.
TransferWise's head of banking Lukas May has resigned. His role as head of banking has been to establish relationships with commercial banks and central banks as part of the fintech firm's expansion out of the UK, and into Asia.
Mr May, who relocated to Singapore in 2017 for the role, is understood to be moving back to London to work on UK-Asia trade negotiations with the UK government. He will hold the title of deputy director, Asia and Australasia negotiations, at the UK Department for International Trade, BT understands.
TRENDING NOW
Singapore Kitchen CEO, senior manager charged with alleged fraud, falsifying accounts; both to stay in jobs for now
Profit with purpose: Kim Choo Kueh Chang’s pivot from public listing to protecting heritage
Who would buy Vietnam’s state-owned stakes – when Hanoi is ready to sell?
HSBC, AIA, Prudential shares slide after report of Hong Kong bank account curbs
