Director, Head of Edge, AIA Insurance
Steve Monaghan is Regional Director, Head of Edge AIA accountable for AIA’s group innovation agenda and a Limited Partner in True Global Ventures focused on Fintech.
Steve was on the startup team for Dell Computer, introducing Dell’s consumer business to Asia. Later he developed and executed the branded manufacturing and retail model catapulting Compaq to number one in the Indian consumer market. In banking Steve developed and patented the first mobile payments platform for Citigroup, developed a Consumer Finance Division for OCBC and lead the retail bank turnaround of Shinsei Bank in Japan growing revenues USD$500M, deposits 25% and improving net income by USD$100M during a 9 month transformation. As Chief Innovation Officer for DBS Bank, Steve drove the innovation agenda focused on Intelligence, Big Data and Social culminating in the $220+M investment of DBS in IBM Watson, DBS A*Star R&D Lab and Digital Banking.
Steve is a frequent presenter and lecturer around the world on subjects including Innovation, banking, Working Capital, M&A and Investing in China. He co-authored a five year China IPO study and has been frequently published on topics including Working Capital, Investing in China and Capital Collaboration. Steve holds an EMBA with ‘first in class academic standing’ from the Helsinki School of Economics and has attended senior leadership courses at IMD and Wharton.