Singapore/London — March 30, 2026 — Standard Chartered has appointed Ole Matthiessen as Global Head of Transaction Services & Digital Assets within its Corporate & Investment Banking (CIB) division, consolidating transaction banking, securities services and digital asset activities under a single leadership role.
Matthiessen will lead a newly combined unit covering trade finance, payments and cash management, alongside custody, clearing and settlement services, as well as the bank’s digital asset initiatives, the company said.
Unified Structure Across Core Services
The new structure brings together transaction banking and financing and securities services within CIB, aligning traditionally separate operations.
The combined unit will manage services across payments, trade and asset servicing, alongside digital asset capabilities that have been expanding within the bank’s corporate and investment banking division.
Matthiessen will be based in Singapore and will join the CIB Management Team, reporting to Roberto Hoornweg, Chief Executive of Corporate & Investment Banking.
Senior Leadership Appointment
Matthiessen joins Standard Chartered after 18 years at Deutsche Bank, where he most recently served as Co-Head of the Corporate Bank division and a member of the Group Management Committee.
His previous roles included Global Head of Cash Management and Head of Corporate Bank for Asia Pacific. He has held senior positions across transaction banking, markets, financing and corporate banking.
The bank said his experience across cash management, derivatives, structured lending and capital markets will support the development of the integrated platform.
Industry Context
Banks are combining transaction banking, securities services and digital asset capabilities as client demand shifts toward integrated cross-border solutions.
The integration of these functions reflects increasing complexity in cross-border financial flows, where payments, trade finance and asset servicing are becoming more interconnected.
Digital Trade Outlook Analysis
The appointment highlights how banks are restructuring transaction banking around integrated platforms that combine payments, trade and asset servicing with digital asset capabilities. As cross-border financial flows evolve, such integration is becoming central to how institutions support global trade and settlement. The move points to continued convergence between traditional financial infrastructure and digital asset frameworks.