MONETAGO DESIGNATES IAN MILNE AS ASIA PACIFIC SALES HEAD

KUALA LUMPUR, April 20 (Bernama) -- Financial technology solutions provider MonetaGo has appointed Ian Milne to the newly created role of head of sales, Asia Pacific, with immediate effect.

Milne brings to MonetaGo over three decades of banking experience, having held senior roles at global banks including Fortis, Standard Chartered, HSBC and most recently Rabobank.

Over the course of his career, he successfully led the delivery of a robust operational infrastructure, establishing procedures and frameworks to provide sanctions, anti-money laundering and anti-terrorist financing compliance on all commodities and structured trade finance facilities, along with operational risk controls in accordance with regulatory standards.

Based in Singapore, Milne will lead MonetaGo’s engagement with trade financiers across the Asia Pacific region to drive adoption of the Secure Financing platform.

“The entry into force of the Regional Comprehensive Economic Partnership (RCEP) has opened up new opportunities for trade across the region, but this growth risks being held back by the trade finance gap, which disproportionately impacts developing Asia,” says MonetaGo CEO and founder, Jesse Chenard in a statement.

“Having Ian on board will take MonetaGo closer to its goal of providing the Secure Financing system to all trade financiers, enabling more trade finance to get to where it’s so desperately needed.”

Meanwhile, Milne noted that throughout his 32-year career, he had a front-row seat to some of the major fraud defaults that have rocked trade and commodity finance, all of which brought into sharp focus the need for a solid understanding of the industry.

“MonetaGo’s Secure Financing system provides a compliant means by which banks can share information on potential risks, solving for the problem of duplicate financing in trade once and for all.”

MonetaGo provides the first-ever global solution to duplicate financing fraud in trade finance, and is the world’s foremost provider of such technology to prevent both domestic and cross-border duplicate financing.

For more information, visit www.monetago.com.

-- BERNAMA