Standard Chartered has hired Ole Matthiessen as global head of transaction services and digital assets.

He will lead a newly unified team in corporate and investment banking ( CIB ), comprising transaction banking – trade, payments and cash management – and financing and securities services – custody, clearing and settlement – along with CIB’s fast-growing digital asset capabilities.

Matthiessen joins Standard Chartered after 18 years at Deutsche Bank, where he was most recently co-head of the corporate bank division and a member of the group management committee.

He has extensive experience and expertise across a broad spectrum of financial products, spanning transaction banking and derivatives through to structured lending solutions and capital markets.  His prior roles included global head of cash management and head of corporate bank for Asia-Pacific.

Over the course of his career, he has held a range of regional and global leadership roles across transaction banking, markets, financing, and corporate banking.

Matthiessen will be based in Singapore and will join the CIB management team, reporting to Roberto Hoornweg, chief executive officer, corporate and investment bank.

Matthiessen’s appointment comes after Standard Chartered last week appointed Jan Metzger as global head of coverage banking for its CIB team. Metzger came from Citi, where he was most recently co-head of investment banking for its Asia clusters. He also previously worked at Credit Suisse and Deutsche Bank.

Welcoming Matthiessen to the Standard Chartered’s CIB team, Hoornweg says: “Ole is a fantastic addition to the team as we harness the convergence between transaction banking and financing and securities services, and between TradFi and DeFi. Integrating these solutions in a unified financial ecosystem with our fast-growing digital asset capabilities will further accelerate our ability to provide a world-class cross-border experience for our corporate and financial institution clients.”