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Doris Yu ยท ยท 1 min read

Sources: Grabโ€™s head of wealth management Chandrima Das to step down

โ€œChandrima Das, the head of wealth management at ride-hailing and food delivery firm Grab, which is making a big push into financial services, is leaving the Southeast Asian company,โ€ reported Reuters, citing sources privy to the matter.

Details:

  • Grab confirmed to Reuters that Das, the managing director and head of GrabInvest, will be leaving the company for personal reasons.
  • Meanwhile, Huey Tyng Ooi, the head of GrabPay, will be quitting her current role to serve as an advisor at Grab Financial Group.

Context:

  • Grab acquired Singaporeโ€™s robo-advisory startup Bento Investment in February last year, which was founded by Das.
  • The super app is doubling down on its financial services business. In December last year, it got a digital full bank license in Singapore.

Editing by Collin Furtado and Jaclyn Tiu

(And yes, weโ€™re serious about ethics and transparency. More information here.)

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Doris Yu

Doris Yu is a finance and technology writer based in Hong Kong.