Singapore-headquartered trade finance platform Olea has hired two former Stenn employees in senior roles, effective immediately.
Timothy Shell joins the firm as managing director and Veeraj Adatia as director, both based in London. Together, they will work to expand the platform’s presence across the Europe, Middle East and Africa (Emea) region.
Shell (pictured) is responsible for origination and partnerships in the Emea markets and reports to Olea’s CEO, Amelia Ng.
Adatia reports to Shell and will be focused on building the platform’s commercial offering across Emea.
Olea is a joint venture between Standard Chartered and Chinese technology company Linklogis, providing supply chain finance to firms in need of liquidity and offering investors an alternative asset class. The fintech is backed by the global bank’s venture capital arm, SC Ventures.
“The strength of an end-to-end platform with bank grade compliance like Olea is that we can access huge pools of liquidity across the world to support clients with their working capital needs,” says Shell.
“We work closely with global and regional banks as well as alternative financiers such as private credit and hedge funds, funding not only traditional assets but also with an ability to tokenise and issue digital assets.”
The platform holds a Capital Markets Services License from the Monetary Authority of Singapore, which showcases its “commitment to build bank-like compliance and professional standards” he adds.
“This means we can also offer our various services to our partners, providing the comfort of our quality standards.”
Shell worked for a little under two years at invoice financing platform Stenn prior to its sudden administration in late 2024, serving most recently as head of enterprise sales and partnerships.
He previously held senior roles at cloud treasury and financing provider Kyriba, Greensill, as well as RBS.
Adatia has over a decade of experience in the industry and previously worked in commodities-focused roles at Stenn, AlmaStone and Lloyds Bank.
