Chris Ashe, former CTO of Mox Bank in Hong Kong, has relocated from UAE to Singapore to join Partior as its CTO. His previous experience includes leading roles in fintech companies, and his transition comes as Partior faces challenges in employee morale and organizational structure. Ashe’s leadership will be crucial in navigating these issues.
Chris Ashe, the former Chief Technology Officer (CTO) of Mox Bank in Hong Kong, is transitioning from the United Arab Emirates to Singapore. While many finance professionals are relocating to the UAE, Ashe’s journey reflects a temporary career move rather than a permanent relocation.
Ashe has joined Partior, a fintech focused on blockchain payment infrastructure, assuming the role of CTO. During his tenure in Abu Dhabi, he held several key positions, including Vice President at Tungsten, a digital asset custody fintech, and CTO of CredibleX, a lending solutions fintech.
At Mox Bank, which is backed by Standard Chartered, Ashe served for over two years. He notably fulfilled the role of CTO for a year before stepping up as interim Chief Information Officer, managing a talented team of over 150 technologists. During this time, he implemented an agile work culture based on the ‘Spotify Model,’ known for promoting speed and autonomy in development practices.
Ashe’s expertise will be vital for Partior, which has faced challenges within the last year, consisting of a $60 million funding round and the appointment of a new CEO, Humphrey Valenbrender. The company, however, has seen staff reductions of 30 employees from its 130-person workforce, along with reported low morale and resignations due to an emerging toxic work environment under new leadership.
The feedback on platforms like Glassdoor describes the current atmosphere at Partior as a “zombie town” with severely diminishing employee morale, and concerns have been raised regarding the absence of a coherent technology strategy. Ashe will likely be instrumental in addressing these issues moving forward.
In summary, Chris Ashe’s move from the UAE to Singapore as the new CTO of Partior marks a significant development in his career following impressive roles in fintech. Despite challenges at Partior, Ashe’s extensive experience positions him well to enhance the company’s technological direction and address the morale issues reported among employees. This transition reflects a broader trend of professionals in the finance sector seeking new opportunities abroad, albeit often temporarily.
Original Source: www.efinancialcareers.com
