Mainboard-listed Silverlake Axis has appointed Philip Law as its chief technology officer (CTO), head of product and innovation.
As CTO of the group, Law will represent Silverlake Axis in communicating product differentiation and strategies to the market, communities and industry at large.
He will also be an outward-facing CTO representing the group and communicating its strategies to the market, community and industry among his other duties.
Law comes with over 25 years of experience in the technology financial services sector and has an impeccable track record of delivering solutions and transformation strategies for the digital age, says Silverlake Axis in its statement on Oct 25.
In his previous roles, Law was the head of technology for EMEA Wealth Management Platforms, as well as the lead architect for the HSBC SME Open Banking initiative. Law also ran Technology for BAML EMEA Wealth management covering UK, Isle of Man, France, Spain, Italy and Belgium.
“On behalf of the board, I would like to welcome Mr Law to his new position and wish him every success in his new role,” says Andrew Tan Teik Wei, group managing director of Silverlake Axis.
See also: Singapore-based manufacturer Hi-P International appoints Apple veteran to board
“As the global economy reopens post-pandemic, banks and financial institutions are resuming and even accelerating their digital transformation strategies, implementing the latest technologies to drive innovation and modernise product offerings for current customer demand. Mr Law takes his position as CTO at an opportune time, where he can oversee the application of our digital-banking enabling technology to dozens of our flagship customers and many new prospects embarking on their transformation journey,” he adds.
Law’s appointment was effective Oct 20.
As at 11.31am, shares in Silverlake Axis are trading 1 cent higher or 3.18% up at 32.5 cents.