Editorial & Advertiser disclosure

Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Standard Chartered Hong Kong Sets up New Entity for Its Virtual Bank

Published by Gbaf News

Posted on August 31, 2018

4 min read

Last updated: January 21, 2026

Add as preferred source on Google

Graph showing sterling's decline amid UK cost of living crisis - Global Banking & Finance Review — This image illustrates the decline of the British pound against the dollar, reflecting the impact of the UK cost of living crisis and rising energy prices as highlighted in the article.

Deniz Güven appointed as Chief Executive Officer

Standard Chartered Bank (Hong Kong) Limited (“Standard Chartered Hong Kong”) has set up a new entity for its virtual bank and has submitted its application for a virtual banking licence to the Hong Kong Monetary Authority.

Deniz Güven has been appointed as the Chief Executive Officer of the new entity and will lead a team to build a new banking model to deliver innovative digital solutions with a human touch to clients in Hong Kong.

Mary Huen, Chief Executive Officer of Standard Chartered Hong Kong said, “The setting up of a new entity marks a very important step towards making a truly digital bank in Hong Kong a reality. I am delighted to have Deniz as the CEO. If our application is successful, Deniz will lead the team in building a virtual bank which will be a break-through in how clients experience banking, focussing on financial inclusion and fostering dynamic partnerships to create a comprehensive digital ecosystem.”

Samir Subberwal, Regional Head of Retail Banking, Greater China and North Asia at Standard Chartered added, “We have a real opportunity to create a new bank designed to make life easier and more rewarding for Hong Kong clients. We have the expertise in financial products, and now we will focus on creating valuable digital services and collaborating with technology players and start-ups.”

Commenting on his appointment, Deniz said, “I am honoured to have the opportunity to lead a new virtual bank in Hong Kong. Our focus is to build a smart bank to solve clients’ pain points with real digital services. We aim to create and execute a new banking model, which will set the global benchmark for all digital players.”

Deniz has 18 years of banking experience and has been the Global Head, Design and Client Experience for Retail Banking, Standard Chartered since May 2017. Prior to joining Standard Chartered, Deniz served as the Senior Vice President at BBVA Group’s Garanti Bank in Turkey. During his role at Garanti, Deniz was responsible for end-to-end digital assets, as well as iGaranti the first mobile only bank in Turkey. Deniz played an important role which enabled Garanti to reach 5 million active digital customers and to grow their market share in Turkey.

Deniz Güven appointed as Chief Executive Officer

Standard Chartered Bank (Hong Kong) Limited (“Standard Chartered Hong Kong”) has set up a new entity for its virtual bank and has submitted its application for a virtual banking licence to the Hong Kong Monetary Authority.

Deniz Güven has been appointed as the Chief Executive Officer of the new entity and will lead a team to build a new banking model to deliver innovative digital solutions with a human touch to clients in Hong Kong.

Mary Huen, Chief Executive Officer of Standard Chartered Hong Kong said, “The setting up of a new entity marks a very important step towards making a truly digital bank in Hong Kong a reality. I am delighted to have Deniz as the CEO. If our application is successful, Deniz will lead the team in building a virtual bank which will be a break-through in how clients experience banking, focussing on financial inclusion and fostering dynamic partnerships to create a comprehensive digital ecosystem.”

Samir Subberwal, Regional Head of Retail Banking, Greater China and North Asia at Standard Chartered added, “We have a real opportunity to create a new bank designed to make life easier and more rewarding for Hong Kong clients. We have the expertise in financial products, and now we will focus on creating valuable digital services and collaborating with technology players and start-ups.”

Commenting on his appointment, Deniz said, “I am honoured to have the opportunity to lead a new virtual bank in Hong Kong. Our focus is to build a smart bank to solve clients’ pain points with real digital services. We aim to create and execute a new banking model, which will set the global benchmark for all digital players.”

Deniz has 18 years of banking experience and has been the Global Head, Design and Client Experience for Retail Banking, Standard Chartered since May 2017. Prior to joining Standard Chartered, Deniz served as the Senior Vice President at BBVA Group’s Garanti Bank in Turkey. During his role at Garanti, Deniz was responsible for end-to-end digital assets, as well as iGaranti the first mobile only bank in Turkey. Deniz played an important role which enabled Garanti to reach 5 million active digital customers and to grow their market share in Turkey.