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Standard Chartered-backed Mox Appoints Anshul Sabherwal as CEO

(9 November 2026 – Hong Kong) Hong Kong digital bank Mox, backed by Standard Chartered, has appointed Anshul Sabherwal as Chief Executive Officer as it enters its next phase of growth following a return to profitability.

Sabherwal joins from Standard Chartered Hong Kong, where he served as Head of Product and Payments, overseeing the expansion of the bank’s credit card and personal loan businesses in the group’s largest market.

He brings more than 20 years of consumer banking experience, including senior leadership roles at Citi in Taiwan and Poland, with a track record of managing complex businesses across multiple markets.

Sabherwal succeeds Barbaros Uygun, who steps down after five years as CEO. During his tenure, Mox expanded its customer base fivefold to 800,000, strengthened its core banking capabilities and achieved profitability. The bank also exported its technology platform to support the development of Trust Bank in Singapore.

Launched in September 2020, Mox is a Hong Kong-licensed digital bank established by Standard Chartered in partnership with PCCW, HKT and Trip.com. It provides digital banking and wealth management services, with a focus on accessibility and customer experience.

The leadership transition follows a significant financial milestone for Mox, which achieved breakeven in the first quarter of 2026 and maintained interim profitability throughout the first half of the year.

Samir Subberwal, Chair of Mox and Global Head of Wealth Solutions, Retail Products, Data and Analytics at Standard Chartered, said the appointment positions the bank for its next stage of expansion.

“Mox has built a strong foundation over the past six years. Having achieved breakeven in the first quarter of 2026 and sustained interim profitability through first half of the year, we are now entering our next growth phase,” Subberwal said.

“I am delighted that Anshul, with his deep consumer banking expertise and a strong track record across multiple markets, assumes the role of CEO to lead us forward at this point in time.”

Sabherwal said his priorities would include accelerating growth and expanding access to wealth management services.

“I am honoured to have this opportunity to lead Mox into its next strategic phase, building upon the solid foundation and strong customer base established by Barbaros and the team,” he said.

“Mox is well-positioned to accelerate growth and achieve its ambition of making wealth management accessible to customers.”

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