Former HSBC Holdings Plc Chief Financial Officer Ewen Stevenson is set to join a Singapore-based technology investor as its chairman, marking his first role since leaving Europe’s largest bank at the start of the year.
Stevenson will join Serendipity Capital Holdings Ltd. as non-executive chairman next month, teaming up with his former Credit Suisse colleague Rob Jesudason, who founded the investment vehicle four years ago.
Stevenson and Jesudason are close friends, having known each other for more than two decades, with the former acting as one of the seed investors in Serendipity. Their careers overlapped for several years as investment bankers at Credit Suisse’s financial institutions advisory business. The former HSBC executive is looking to take on a few roles as chair in the venture capital and private equity spaces, and the one at Serendipity would be the first, he added.
“Although we’re headquartered in Singapore, we see enormous growth,” said Jesudason speaking in the joint interview. “This is the first step in ultimately setting up a second office in the UK and adding headcount there. Over time we will have partners in the UK.”
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