Singapore Gulf Bank Strengthens Global Ambitions with New Payment Network
Singapore Gulf Bank (SGB), a MENA-licensed digital bank, is accelerating its global expansion through strategic appointments and the launch of SGB Net, a real-time multi-currency clearing network. The bank has formed a high-profile global advisory board chaired by Amy Lee of Whampoa Group, with former U.S. Federal Reserve Vice Chair Randal Quarles serving as vice chairman.
The move signals SGB’s ambition to position itself at the forefront of digital banking innovation. The advisory board’s composition—including Ctrip co-founder Fan Min and Boyu Capital’s Louis Cheung—suggests a focus on bridging traditional finance and emerging technologies across key markets.