Fave names ex-Touch ‘n Go exec as chief product officer

Fave, a Southeast Asian fintech platform, has appointed former Touch ‘n Go executive Arvindd Selvaratnam as regional chief product officer.

Fave chief product officer Arvindd Selvaratnam / Photo credit: Fave

In his new role, Selvaratnam will oversee Fave’s roadmap for regional products and strategic planning, and make use of emerging opportunities for the firm in its next phase of growth.

He will also lead Fave’s product design and development efforts as part of its push toward the buy now, pay later sector.

Selvaratnam previously served as the product lead for Malaysia-based Touch ‘n Go, a provider of smart cards that are used as the sole electronic payment method by toll operators of the country’s expressways and highways.

“It is high time to join Fave at the growth stage with buy now, pay later and online shopping becoming salient parts of consumer behavior in Southeast Asian markets,” said Selvaratnam.

See also: Fave bounces back from Covid-19, cuts losses

The new Fave recruit was also formerly the product lead at TNG Digital, where he managed online and offline product domains, cross-border payments, and in-app bill payments. Selvaratnam was part of the founding team at Boost, the fintech arm of Axiata, where he focused on growing its user base.

Fave plans to expand its product and engineering teams. It’s currently hiring for over 20 roles in its payment solutions division.