Thunes, the Singapore-based fintech firm, has on Thursday announced two strategic appointments to its executive leadership team: Guy Duncan joins as Chief Technology and Product Officer (CTPO), and Parvinder Bhatia joins as Chief Financial Officer (CFO).
These high-profile appointments signal a new chapter of growth for Thunes as it continues to scale its proprietary Direct Global Network and sharpen its technological edge through innovation and robust financial strategy, the firm said in a statement.
In his role as CTPO, Duncan will lead Thunes’ technology and product functions, focusing on building high-velocity teams and deploying artificial intelligence (AI) across its Direct Global Network to solve real-world friction in global money movement for Thunes’ Members.
According to the firm, Duncan brings world-class experience in digital transformation and rapid scaling to Thunes.
Previously serving as CTO at fintech unicorn Tide and OVO Energy, he specializes in turning technical complexity into a competitive advantage.
His extensive global experience includes spearheading BMW’s digital transformation across 64 markets and successfully scaling Tide’s platform from 50,000 to over 1 million members.
Meanwhile, Bhatia will lead the company’s global finance organization and partner with the leadership team as the company continues to scale its global payments infrastructure.
It is noted that Bhatia joins from bunq, Europe’s first AI-powered bank, where he served as CFO and played a key role in strengthening the bank’s financial strategy, supporting its rapid international expansion.
With over 24 years of experience across fintech, private equity and venture-backed businesses, he brings a strong track record of scaling finance organizations, driving operational transformation and supporting high-growth companies through periods of significant expansion.
“The two bring an incredible wealth of experience in scaling global platforms. Duncan’s expertise in AI and high-scale engineering will be pivotal in honing our competitive edge, while Bhatia’s storied track record in financial transformation and international expansion makes him the ideal partner to underpin our commercial strategy,
“Together, they bring the ambition and expertise required to further solidify Thunes’ position as the world’s leading global payments infrastructure network,” said Peter De Caluwe, Co-Founder and Chief Executive Officer of Thunes.
Meanwhile, Duncan said Thunes is at a fascinating juncture where technology and innovation acts as the ultimate strategic enabler.
“My focus will be on ensuring our solutions solve customer friction both for now and for the future, through innovative, production-ready AI and scalable architecture,” he added.
Bhatia, on the other hand, said Thunes has built a remarkable foundation for global cross-border payments.
“I look forward to working with the Board and the executive team to navigate our next phase of international growth, ensuring our financial strategy remains as innovative and robust as our technology,” he added.