Standard Chartered has hired Jerome Walter as its Singapore-based chief information security officer (CISO) for digital ventures. Walter joined earlier this month from software provider VMware, where he spent a year as director for security modernisation, according to his LinkedIn profile.
His business unit at Standard Chartered, SC Ventures, provides a platform for the bank to promote innovation, invest in disruptive financial technology and explore alternative business models.
Walter is not the only senior security specialist to move to Stan Chart this year. As we reported in January, the bank hired Lavy Shtokhamer, the head of Israel’s Cyber Emergency Response Team, to lead its cyber defense centre in Singapore.
Cyber security talent is thin on the ground in Singapore, and Standard Chartered’s office in the Republic has a track record of hiring senior cyber security professionals from other sectors. Last month it appointed David McLinton as global head of operations, information and cyber security. McLinton was previously Asia Pacific head of cyber security at Singtel. In November 2019, Peter Lewis joined the bank as head of industrial control systems, having worked in a government cyber security role in Australia.
Stan Chart bases many of its cyber security staff in Singapore and currently has 12 local vacancies in the function, including three in Walter’s team.
Walter worked for Natixis from 2008 to 2015, latterly as chief security officer for Asia Pacific. He was then at Prudential in Singapore for just over three years, most recently as director of security architecture and delivery, before an 18-months stint as field CISO for APAC at Pivotal Software.
SCB isn’t the only bank in Asia that’s been beefing up its cyber and information security ranks as the function takes on more importance, partly due to increased rates of remote working during the pandemic. In November, GIC hired veteran Citi technologist Alberto Tomita in a senior cyber security role. In October, Wayne Tham joined Hong Kong Exchanges and Clearing as head of information security. Tham was previously head of IT security, risk and prevention at Bank of Singapore. HSBC hired Jonathan Scott-Lee from Standard Chartered last April as its chief information security officer for Asia Pacific.
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