Validus expands Singapore team with new appointments including Head of Strategic Alliances

Press Release

Validus expands Singapore team with new appointments including Head of Strategic Alliances 

  • New appointments will strengthen and build on Validus’ business capabilities to bring increased financial inclusion for small and medium-sized enterprises
  • Previously the Head of Global Sourcing & Procurement at SATS, Alfred Aloysius joins as Head of Strategic Alliances in Singapore, to develop and enhance partnerships with Corporates to boost supply chain lending for SMEs
  • Other recent key appointments include Han Weiguang, Head of Operations, and Kriti Sama, Head of Sales

Singapore, 21 May 2021 Singapore’s award-winning SME financing platform Validus has announced the appointment of Alfred Aloysius as Head of Strategic Alliances in its Singapore office. 

With extensive knowledge in procurement and logistics, Alfred brings more than 25 years of supply chain experience and a track record of delivering on operational performance and business goals, having previously held management positions as Chief Procurement Officer at SMRT Corporation, and VP of Global Procurement at ComfortDelGro, before moving to SATS as Head of Global Sourcing & Procurement. 

At Validus, Alfred will be responsible for deepening existing and forging new partnerships in support of Validus’ supply chain financing focus, which aims to boost SME lending in crucial supply chains in construction, healthcare, industrial goods and machinery sectors. Validus’ partners currently include Siemens, YTL PowerSeraya, ST Engineering, and SMM, part of Surbana Jurong Group. 

“It’s great to join a fast-growing Fintech so committed to driving SME financial inclusion by offering real, innovative solutions to complex problems faced by our SMEs today,” said Aloysius. “I look forward to bringing compelling solutions that simplify the complexity of supply chain financing and management with tremendous cost savings for our partners and SMEs alike.”

Validus is also proud to welcome other recent senior hires Han Weiguang, Head of Operations, and Kriti Sama, Head of Sales. Prior to joining Validus, Weiguang took on key roles in Corporate Banking operations at various banks including Sumitomo Mitsui Banking Corporation and Taipei Fubon Commercial Bank. Kriti has over 10 years’ experience and armed with an impressive track record in Sales, she now spearheads Validus’ SME customer acquisition and retention strategy. 

In the last six months, Validus’ staff strength in Singapore grew by 20% per cent on the back of strong growth and to support regional expansion. 

About Validus

Founded in 2015 to address the unmet financing needs of SMEs, Validus is today the largest SME lending marketplace in Singapore with a strong presence across Indonesia, Vietnam and Thailand. An award-winning Fintech, Validus uses Data Analytics and AI to drive growth financing to the underserved SME sector via funds from both individual and institutional investors. Validus holds a Capital Markets Services Licence by the Monetary Authority of Singapore (MAS), and has also received regulatory approval in Indonesia and Thailand. For more information, please visit www.validus.sg  

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