Summary by Moomoo AI
On April 1, 2024, Grab Holdings Limited, commonly known as Grab, announced significant changes to its Board of Directors. Daniel Yun, CEO of KakaoBank, and David Loh, Executive Director and Joint Chairman of Centurion Corporation, have been appointed as new members of the Board. Concurrently, Oliver Jay has retired from his position on the Board. The appointments are effective immediately. Daniel Yun will join the Audit Committee, while David Loh will contribute to the Nominating Committee and lead the Compensation Committee as its Chairperson. The expansion of the Board from six to seven members includes five independent directors and two executive directors. Anthony Tan, Group CEO and Co-Founder of Grab, expressed gratitude to Oliver Jay for his nine years of service and welcomed the new members, highlighting their extensive experience in digital financial services and the investment industry. Grab, a leading superapp in Southeast Asia, operates across various sectors including deliveries, mobility, and digital financial services, serving millions of users across eight countries.