[Standard Chartered Bank Appoints Former JPMorgan Blockchain Head to Lead Payments Business] BlockBeats News, March 4, according to Bloomberg, Standard Chartered Bank has appointed the former global co-head of JPMorgan's blockchain division to lead its global payments business, continuing to advance the modernization of its cash management system. Naveen Mallela stepped down last month as the head of JPMorgan's Kinexys business. Standard Chartered Bank stated in a Wednesday announcement that he will officially join on May 4 as the Global Head of Payments.