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Singapore-based wealth and savings app HugoSave announced that it has appointed Karl Franks as its new COO to drive its strategic growth initiative in Singapore and Asia Pacific. Karl will also oversee the day-to-day operations and enhance its effectiveness.
With over 20 years of leadership experience, including 15 years gained in the financial services industry, Carl has led strategic business management and delivery of major transformational programs across banking divisions and consulting for leading financial institutions.
Prior to joining HugoSave, Carl was Chief of Staff, Asia Pacific COO, at UBS Wealth Management Singapore, where he oversaw the firm’s regional business strategy and led the merger of the Wealth Institute’s COO office and operations team.
Prior to this, he held leadership roles in consulting and transformation portfolio management with Deloitte Consulting and Deutsche Bank in Singapore and London.
Licensed by the Monetary Authority of Singapore (MAS) in 2022, HugoSave is an all-in-one personal digital account that helps consumers spend smarter, save more and invest passionately, starting with physical gold .
david ferguson
“Carl has decades of experience in business transformation, portfolio transformation, risk management and scaling businesses for regional growth.
As we look to expand our investment offerings to end users and expand our footprint in Asia later this year, Carl’s extensive leadership experience will be instrumental in taking HugoSave to greater heights and helping more people achieve wealth-care. Will be helpful in helping.
said David Ferguson, CEO of HugoSave.
Carl Franks
“HugoSave has experienced phenomenal growth since its launch in 2021. We now have over 65,000 customers in Singapore who have made HugoSave a part of their journey towards financial wellness by spending, saving and investing more effectively through the Wealthcare app.
I am excited to join the team as we enter the next chapter of growth and bring more product offerings to help everyone achieve wellness through a single platform.”
said Carl Franks, chief operating officer of HugoSave.
