StanChart hires DeFilippo as Americas CEO: IFR
DeFilippo joins from Citadel Securities where she has been managing director and chief operating officer of legal and compliance, and risk and operations since October 2022. She will start at StanChart on March 24 and be responsible for executing strategy in the the Americas, reporting to Roberto Hoornweg, co-head of CIB and CEO for Europe, Americas, Middle East and Africa.
DeFilippo joined Citadel in 2022 from Morgan Stanley, where she worked from at least January 2011, according to her profile on LinkedIn, including as global head of business unit risk management for the fixed-income division and chief operating officer and risk officer for capital markets for EMEA, APAC and Japan. She was also the first woman to chair the International Capital Market Association, a role she held from May 2018 to May 2023.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Gulf Today
15 hours ago
- Gulf Today
Pakistani cuisine unites cultures across the UAE
Pakistani restaurants across the UAE have gained popularity not only among the South- Asian expats but also among Emiratis, Arabs and other nationalities. Known for their bold spices, generous portions, and rich culinary traditions, these eateries draw a diverse crowd in a country that's home to people from over 200 nationalities. As the UAE's food scene continues to grow, Pakistani cuisine is carving out a strong and rising presence. Many well-known Pakistani food outlets include Al Nawab Restaurant, Gul Khan, Karachi Darbar, Butt Karahi, Yasir Broast, Bar B Q Tonight, Lal Qila, Cakes & Bakes and Rahat Bakery among many others. Gulf Today spoke to executives from three popular Pakistani eateries who said they're seeing more diverse customers coming in for the authentic taste and welcoming vibe. Jhanzeb Yaseen, Owner of Al Nawab Restaurant, said: 'Over the years, we've seen people from all backgrounds, including Omanis, Russians, and Emiratis, connect with Pakistani food in a way that goes beyond just taste. They're drawn to the rich- ness of our flavours, the warmth in our hospitality, and the sense of togetherness our meals create.' A Pakistani man cooks grilled meat at the Charsi Tikka restaurant in Namak Mandi in Peshawar. AFP 'At Al Nawab, we have always believed that food is a language of its own. Many of our guests prefer milder, creamier dishes like Chicken Malai Boti, Khoya Kabab, Reshmi Kabab, and White Handi, but what truly keeps them coming back is the comfort they find in the experience. Pakistani cuisine has a unique way of bringing people together, and here in Sharjah, it's been our privilege to be a part of that connection,' Jhanzeb added. Dr Noor Ul Sabah, Owner of Chai Shai Café, shared how the café captures the essence of Pakistan and attracts a wide range of customers belonging to different nationalities. 'Chai Shai Café in Ajman is a vibrant tribute to Pakistan's culinary and cultural heritage. From the moment you step inside, the colourful truck art walls, intricate patterns, and traditional décor transport you to the lively streets of Lahore and Karachi,' Noor explained. 'The ambiance is warm and nostalgic, buzzing with the sounds of Pakistani music and the aromas of freshly cooked favourites. Known for its street food authenticity, we serve iconic dishes like Anday Wala Burger, Thele Wala Soda, and Malai Boti Roll. Dessert lovers can't resist the indulgent Falooda, a treat loved by guests from all nationalities,' she said. 'For those craving rich, savory comfort, the creamy Malai Boti Handi is a star on the menu and a favourite among Arab visitors. More than just a restaurant, Chai Shai is a cultural hub, hosting Urdu poetry nights, literary gatherings, and national day celebrations — where food, art, and community meet,' Noor added. Zahid Ali Khan, founder of Gul Khan Restaurant, highlighted the cultural connection his restaurant fosters. 'It's a true honour to witness people from all nationalities living in the UAE, as well as tourists from around the world, embracing the authentic taste of Northern Pakistani cuisine at Gul Khan Restaurant. Our mission has always been to bring the rich, bold flavours of Peshawar to Dubai through dishes like chapli kebab, charsi karahi, kabuli pulao, and Bannu pulao, all crafted using traditional recipes passed down through generations,' Khan shared. 'What makes us most proud is not just the food, but the full cultural experience our guests enjoy — from the vibrant Pashtoon-inspired ambiance and truck art décor to the warm hospitality that reflects our heritage. In a city as beautifully diverse as Dubai, it's incredibly heartening to see our culture connect with so many. We sincerely thank every guest for being a part of our journey,' he concluded.
Arabian Post
a day ago
- Arabian Post
XRP's Surge in Asian Markets Reflects Growing Institutional Confidence
Ripple's native token, XRP, has experienced a notable uptick in trading volumes, particularly within the Asian markets, indicating a shift towards institutional involvement and regional dominance. In the past 24 hours, XRP's trading volume exceeded $9.3 billion, positioning it among the top three cryptocurrencies by market activity. This surge is attributed to several factors, including the resolution of legal disputes and increased institutional interest. A significant portion of XRP's trading activity is concentrated in the Asia-Pacific region, with countries like Japan and South Korea leading the charge. South Korea's Upbit exchange, for instance, has reported substantial XRP trading volumes, surpassing those of Bitcoin and Ethereum on certain days. This trend underscores the growing preference for XRP among retail and institutional investors in the region. ADVERTISEMENT The resolution of Ripple's legal challenges in the United States has further bolstered investor confidence. With the dismissal of appeals by Ripple Labs and the U. S. Securities and Exchange Commission, the uncertainty surrounding XRP's regulatory status has diminished, paving the way for increased institutional participation.
Zawya
a day ago
- Zawya
Standard Chartered expands MENA custody network with Egypt launch
Standard Chartered announced today the launch of its direct custody services in Egypt, further expanding its global post-trade offering across the Middle East and North Africa (MENA). This important milestone builds on the successful rollout of its direct custody services in the Kingdom of Saudi Arabia earlier this year and reflects the Bank's broader strategy to deepen its presence across high-growth, strategically important markets. The service enables institutional clients to hold and manage a wide range of securities with greater efficiency, transparency, and security. Operated through Standard Chartered Bank Egypt, the platform supports a wide range of securities including equities, treasury bills, government bonds and corporate bonds. Services include safekeeping, settlements, and corporate actions, and can be delivered via various mediums including through the Bank's globally renowned Straight2Bank (S2B) platform. Mohammed Gad, Chief Executive Officer, Standard Chartered Egypt, said: 'This launch represents a key milestone in our efforts to strengthen Egypt's financial infrastructure and expand investor access to the region. Egypt is a vital market for us, not only as a new BRICS member, but as a rising investment hub linking Africa, the Gulf and beyond.' He added: 'By introducing direct custody services from day one, we are providing our institutional clients with greater speed, transparency, and operational efficiency. Backed by our global platform and deep local expertise, this offering will help unlock capital flows into Egypt and support the growth of a more resilient, connected capital market.' The custody service in Egypt is fully licensed by the Financial Regulatory Authority and approved by the Central Bank of Egypt. It supports Egypt's broader ambitions to modernise its financial ecosystem, attract foreign direct investment, and diversify sources of capital in line with Vision 2030. With growing interest from investors across Asia, the Gulf and Africa, the launch is well-timed to meet demand for institutional-grade infrastructure and post-trade solutions. Scott Dickinson, Regional Head of Financing and Securities Services AME, said: Standard Chartered's expanding custody footprint across the region underlines its commitment to supporting capital markets in key emerging economies. By improving investor access, raising service standards, and helping to attract long-term capital, the Bank continues to play a leading role in connecting global investment to opportunity across the MENA region. For further information please contact: Wasim Ben Khadra (WBK) Cluster Head of Corporate Affairs, Brand, Marketing & Head of Communications for UAE, Middle East and Pakistan Standard Chartered About Standard Chartered We are a leading international banking group, with a presence in 54 of the world's most dynamic markets. Our purpose is to drive commerce and prosperity through our unique diversity, and our heritage and values are expressed in our brand promise, here for good. Standard Chartered PLC is listed on the London and Hong Kong stock exchanges. For more stories and expert opinions please visit Insights at Follow Standard Chartered on X, LinkedIn, Instagram and Facebook.
