Menon says there are three key reasons for the formation of GFTN.
Against the backdrop of one of the tightest US Presidential elections in history, the ninth edition of the Singapore Fintech Festival (SFF) kicked off on Nov 5. This year, former managing director of the Monetary Authority of Singapore (MAS) Ravi Menon opened the conference with a keynote address on the Global Finance & Technology Network (GFTN), a new entity set up to further grow the SFF beyond a global forum.
GFTN is set to replace Elevandi, which was set up in 2021 to “expand and organise” the SFF. Menon was announced as the GFTN’s chairman just a week ago, and MAS’s current chief fintech officer Sopnendu Mohanty will join as the group’s CEO. The deputy managing director of MAS, Leong Sing Chiong; and non-executive chairman of Tikehau Capital, Neil Parekh, have been appointed as deputy chairmen of GFTN.
