APAC

Jonathan Tanner, Senior Director, Industry Principal Financial Services & Insurance APJ, Pega

A total of 45 winners were awarded for their outstanding performance.

Customers increasingly seek a single app that can meet all their financial–and even non-financial–needs. 

As the role of the relationship manager evolves, banks must build the right digital platform in order to meet clients’ expectations.

The largest BNPL providers have doubled their delinquency rates over the past few quarters.

Credit losses will surpass $400b for 2022 and 2023, respectively.

The former GLMC head has over 18 years of bank leadership experience under HSBC.

Over $4.3b of ESG-linked sukuk was issued globally in Q2 2022.

It will fund environmental and social projects such as water and sanitation infrastructure.

Asset quality will not significantly deteriorate, but banks face risks if US rate hikes are larger than expected.

This year’s awards programme recognised over 150 exceptional banks and financial companies.

This comes as the share of cash payments is expected to fall further by 2025.

Sambamurthy has a 34-year career with Citi prior to his new role.

Ho Kok Yong said the financial services sector should stay vigilant about inflation, turbulence in capital markets, and the implication of ‘policy normalisation.’ 

Edy Widjaja said acting the best digital and data talent helps deliver value to customers creating a virtuous cycle attracting further talent.

Nam Soon Liew said that financial institutions need to double down on cybersecurity and financial crime compliance amidst digitalisation.