Hong Kong, Hong Kong SAR
Dr. Cyrus has accumulated over 20 years of extensive experience in both public and private sectors, including compliance, risk management, and regulatory affairs across the financial and FinTech sectors, amassing a record of significant achievements that underscore his leadership and expertise. At PingPong, Dr. Cyrus has been a key figure in the company's global expansion, managing and securing various regional licenses, such as SFC Type 1,3, 4&9, MSO & Money Lenders licenses in Hong Kong, and the Major Payment License in Singapore. His strategic efforts have significantly propelled PingPong's growth, attaining new licenses this year in UAE, UK, Australia, Indonesia and Malaysia, which highlight the success of their compliance strategies and international reach. Dr. Cyrus also played a transformative role in steering TNG to become a leader in Hong Kong's Stored Value Facilities (SVF) sector, later expanding that success globally and public listed in Nasdaq, US CURRENC Group Inc. (Nasdaq: CURR). His leadership at Livi Bank contributed to it becoming a standout in virtual banking, marking another major achievement in the FinTech industry. Additionally, he founded Oasis Advisory, where he has been providing strategic guidance to emerging businesses like UP Great, demonstrating his commitment to nurturing growth and success within the industry. His educational background includes an Executive Education Course - Sustainability Leadership and Corporate Responsibility from London Business School, Doctorate in Business Administration from Harris University, a Master's and Bachelor's in Business Administration from the University of Management and Technology, and a Professional Diploma in Disciplinary Force Management from the Hong Kong Management Association. He is a Certified Fraud Examiner and has been recognized as one of the Top 10 Chief Compliance Officers in Hong Kong by CEO Insights Asia Magazine, and as one of the Top 10 Influential People in Compliance to Watch by CIO Views Magazine. His accolades also include a Fellowship from the Social Enterprise Research Academy, HKSAR, Fellowship from The RSA (The Royal Society for Arts, Manufactures and Commerce), selected as a student spotlight among distinguished alumni of the University of Management and Technology, commendation from the Secretary for Home Affairs, HKSAR, for his contributions to the 5th East Asian Games, and a Commanding Officer's Commendation from the Hong Kong Police Force for his outstanding investigative work.
Responsible for overseeing and managing various aspects of Hong Kong operations.
- Established a human-centric compliance culture to support strategic business growth. - Oversight APAC compliance functions, including managing SFC, MSO & Money Lenders licenses in Hong Kong, Major Payment License in Singapore, and PJP Cat 3 license in Indonesia, Money Services Business License in Malayasia. - Led global business and license expansion through strategic partnerships, license applications, and M&A. - Developed strategic communication channels with government officials, central banks, and industry leaders. - Successfully secured payment, investment, and lending licenses in Hong Kong, Singapore, Malayasia, Indonesia, Australia, and the UK.
As a Group Head of Compliance, responsible for proactively identifying, evaluating, mitigating, and reporting on compliance and reputational risk across TNG Fintech Group's franchises around the world.
- Oversight of all aspects of the SVF licensee’s Risk and Compliance function - Establish and maintain the AML/CTF system/program/framework - Provide AML/CTF guidance for the business