Senior StanChart banker joins Dianrong

The Chinese peer-to-peer lender hired Loh Long Hsiang, deputy head of China origination and client coverage at Standard Chartered as its new chief operating officer.

Loh Long Hsiang, Standard Chartered’s deputy head of China origination and client coverage, is the latest senior banker to switch to a fast-growing Chinese TMT company, joining peer-to-peer lender Dianrong.com as its chief operating officer.

The news was revealed in an internal Dianrong memo seen by FinanceAsia and confirmed by Dianrong’s spokesman, who said the StanChart veteran started work in the first week of the year.

Loh joined the British bank in 1997 as a relationship manager in Singapore. During his 18 years there, he held senior positions including global head of markets institutions risk management and chief credit officer of global markets.

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