UOB has hired Ashwin Chandrasekaran as a director for data engineering and services as technology recruitment in the Singapore banking sector shows no signs of abating, despite the impact of Covid-19 on the wider job market.
Data engineering is one of the most in-demand jobs within banking technology, and banks are increasingly sourcing talent from outside the finance industry. Chandrasekaran is a case in point: he previously spent just over three years at luxury travel retailer DFS, latterly as a senior manager for software engineering. He managed a team of more than 20 full stack engineers, automation testers, UI designers and business analysts.
At UOB, Chandrasekaran is “leading the design and development of data engineering platform and real-time data services,” according to his LinkedIn profile.
Chandrasekaran is not the only senior technologist that UOB has poached from the corporate sector recently. As we were the first to report in February, UOB hired William Adeney from advertising agency Ogilvy as head of analytics for TMRW, its Southeast Asian digital bank. Technology recruiters in Singapore say there are talent shortages across all data and analytics functions, and that corporates and banks regularly hire from each other.
UOB is recruiting more broadly in technology right now. It has 79 Singapore-based tech, data and analytics jobs on its careers site, about 39% of its total vacancies. Singapore’s third largest bank has not made any overt statements about its tech hiring for the rest of 2020, unlike rival DBS, which last week said it is creating 360 new positions by year-end. However, strong levels of tech recruitment at UOB seem likely as usage of the bank’s digital platforms soars.
CEO Wee Ee Cheong, speaking at the firm’s Q1 results presentation earlier this month, said UOB’s digital banking services have become “essential tools” as more customers stay home during the pandemic. UOB noted yesterday that it experienced a 406% year-on-year jump in sales of online investment products in the opening quarter.
New UOB recruit Chandrasekaran held India-based engineering jobs at Infosys, Oracle and IBM between 2003 and 2008. He then joined travel technology firm Amadeus IT Group, where he latterly worked as a senior solutions architect in Singapore, before moving to DFS in 2017.
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