SC Ventures to Open Abu Dhabi Office, Led By Gautam Jain

Normal Chartered’s innovation and ventures arm, SC Ventures, plans to open an workplace within the Abu Dhabi World Market (ADGM) to faucet into the United Arab Emirates’s (UAE) know-how ecosystem.

Gautam Jain

With 30 years in banking know-how, Gautam Jain will lead the Abu Dhabi workplace. His background contains chairing two SC Ventures portfolio firms and varied board memberships.

He joined SC Ventures in 2018 after roles at Normal Chartered Financial institution, Barclays, HSBC, and Citigroup in Singapore, London, and India.

This transfer coincides with SC Ventures partnering with SBI Holdings to provoke a digital asset enterprise within the UAE. SC Ventures sees alternatives within the UAE’s thriving tech ecosystem and ADGM’s progress as a monetary hub.

The workplace will have interaction with the native fintech and startup ecosystem, establish venture-building partnerships, spend money on promising ventures, collaborate with universities, and discover new applied sciences.

Alex Manson

The transfer aligns with innovation and ventures arm’s themes round digital life, digital belongings, SMEs and world commerce, and sustainability and inclusion. It additionally helps the UAE’s purpose of creating over 8,000 SMEs and startups by 2030.

SC Ventures CEO Alex Manson mentioned,

“We’re excited to contribute to the ecosystem as we proceed constructing our portfolio of ventures to rewire banking within the area.”

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