Summary by Moomoo AI
Grab Holdings Limited (NASDAQ: GRAB) has announced significant changes to its Board of Directors, effective April 1, 2024. The company has appointed Daniel Yun, CEO of KakaoBank, and David Loh, Executive Director and Joint Chairman of Centurion Corporation, to its Board. Concurrently, Oliver Jay will retire from the Board. With these updates, the Board has expanded to seven members, including five independent directors and two executive directors. Daniel Yun will join the Audit Committee, while David Loh will serve on the Nominating Committee and as Chairperson of the Compensation Committee. Grab, a leading superapp in Southeast Asia, offers a range of services including deliveries, mobility, and digital financial services, operating in over 700 cities across eight countries.