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Grab hires former Visa exec for payment division leadership

Ride-sharing firm Grab has appointed banking veteran Ooi Huey Tyng to lead its growing payments platform in three South East Asian markets.

Ooi Huey Tyng

Ooi, who previously worked at Visa, will lead GrabPay in Singapore, Malaysia, and Philippines as the company plans to scale its payment wallet service across the region.

During her 20-year career, Ooi has held leadership roles at DBS, UOB, and Citi, and has served as a representative to the MAS Payments Council and the Committee on the Future Economy.

“Huey Tyng brings deep leadership expertise from some of the region’s premier banks and payments providers. Her experience with our current and potential payments partners will be invaluable as GrabPay moves into its next phase of growth,” said Jason Thompson, managing director, GrabPay South East Asia.

“Millions of people in Singapore, Malaysia and the Philippines are still heavily dependent on cash. Huey Tyng’s skills in forging business partnerships across each country will enable us to bring more merchants and consumers into the cashless future faster.”

Following in the footsteps of successful payment wallets such as Alipay and WeChat Pay, GrabPay allows users to purchase goods and services using the company’s mobile app.

GrabPay is currently available in Singapore, with 25 restaurants and food stalls reportedly accepting the wallet. However, the company recently announced plans to bring the service to other markets, including the Philippines and Malaysia.

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