People Digest: GIC appoints new director on board; Grab appoints Philippines country head

People Digest: GIC appoints new director on board; Grab appoints Philippines country head

Grab Philippines has announced a leadership progression that sees Ronald Roda and Grace Vera Cruz take on expanded responsibilities, while MAS chairman Gan Kim Yong has been appointed to the GIC board.

Gan Kim Yong to join GIC board

Singapore deputy prime minister and minister for trade and industry Gan Kim Yong has been appointed to the GIC board with effect from October 1.

According to a company announcement, Gan is also Chairman of the Monetary Authority of Singapore and is responsible for the Strategy Group in the Prime Minister’s Office. In addition, Gan is a member of the Research, Innovation and Enterprise Council and the National Research Foundation Board.

He began his political career in 2001, serving in the Ministry of Education, the Ministry of Manpower and the Ministry of Health. In 1989, he left the civil services for the private sector and joined NatSteel Ltd. In 2005, he became NatSteel’s President and CEO.

 “I am delighted to welcome Gan to the GIC Board. His wide-ranging experience will add valuable insights to important asset allocation and other strategic decisions. We look forward to Gan’s contributions as a director on the GIC Board,” said Lim Chow Kiat, Chief Executive Officer of GIC, in the official release. 

Ronald Roda named Grab Philippines head

Grab Philippines has announced a leadership progression that sees Ronald Roda and Grace Vera Cruz take on expanded responsibilities in the company.

Ronald Roda has been appointed as country head of Grab Philippines. Grace Vera Cruz, who has led Grab Philippines for the past four years, has moved to a regional position as head of Regional Corporate Strategy.

This planned succession is part of Grab’s commitment to nurturing talent and demonstrates the depth of Filipino leadership in the organisation, according to the company’s announcement.

Roda was most recently chief operating officer of Grab Philippines and has led the GrabCar business for over six years. Vera Cruz will continue to be based in the Philippines in her regional capacity, to ensure a smooth transition and operational continuity.

Edited by: Joymitra Rai

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