Revolut, the global financial superapp with over 20 million customers, has appointed Raymond Ng as Singapore CEO as it continues to grow in Singapore.
The new appointment follows Revolut recently announcing the launch of its crypto products in Singapore. Revolut's customer base in Singapore has grown 6-fold since the onset of the COVID-19 pandemic, and its revenue run rate has more than doubled in the past 12 months.
Prior to joining Revolut, Raymond was the Chief Commercial Officer at Liquid Group Pte. Ltd., a leading payment network company, overseeing the product and business development and global expansion. He also previously held senior executive roles with large global corporations such as Microsoft, Visa and MasterCard as well as with tech startups.
Raymond will focus on leading and building the next chapter of Revolut's expansion in Singapore, developing and implementing the local business strategy.
Revolut is committed to establishing Singapore as one of the cornerstones of its global business and plans to establish several global product hubs.
Yahoo has promoted Sebastian Graham to Director of Native APAC, effective immediately.
In his new role, Graham will oversee the strategy for native advertising through Yahoo’s unified ad tech stack in APAC. Graham’s remit will include strengthening Yahoo native ad product capabilities to suit APAC’s marketing landscape, while building on strategic and technical global partnerships to create value through Yahoo native ads for advertisers and publishers.
In his previous role, Graham drove Yahoo’s native commercial and partnership strategies for Australia and New Zealand, where Yahoo’s native products reported a 164% YoY increase in demand in 2022.
Graham’s elevation comes amidst Yahoo Native’s robust demand and growth, and rising relevance as a central channel in omnichannel campaigns, with its integration into the Yahoo DSP. Yahoo Native now has the creative, data and platform capabilities to deliver full-funnel results for advertisers, even as it helps premium publishers grow their revenue.
Recent changes to Yahoo's leadership team in APAC—with Paul Sigaloff leading Yahoo’s ad tech business in the region, and expanded remits for Dan Richardson and John McNerney—come on the back of accelerating momentum for Yahoo in APAC. These leadership appointments support a cohesive and seamless strategy in APAC, as Yahoo doubles down on connecting clients and partners across the region to growth.
MioTech, the AI-based sustainability data and technology provider, announced the appointment of finance veteran Jack Lin as President effective immediately.
With over 20 years of experience and leadership in the financial industry, Lin will provide MioTech with further depth and strategic guidance to accelerate international growth and innovation plans.
Jack Lin was previously Managing Director and Head of APAC Client Coverage at MSCI (MSCI:US), the world-renowned index, ESG and portfolio analytics provider. He was also a member of MSCI's Global Executive Committee.
Prior to MSCI, Lin was a member of the Asia regional senior management team of the French asset management company Amundi, one of the world's largest investment managers by assets under management, which acquired Pioneer Investments, where Lin was its long-time Head of Asia Pacific, Middle East, and Africa. He spent decades leading and managing teams in the global asset management industry, including as Head of Asia Pacific and Co-CEO International at US-based Janus Capital and Managing Director in Asia at Franklin Templeton. In 2003, Lin was seconded by Franklin Templeton to be the founding CEO of Franklin Templeton Sealand Fund Management, one of the first Sino-Foreign JV Asset Management companies in China. Since 1994, Lin has helped Franklin Templeton to establish its operations in markets such as Japan, Vietnam, China, and Korea.
At MioTech, Lin will provide visionary and strategic leadership as well as drive expansion across different markets. As President, Lin will also lead key partnerships and enrich MioTech's green finance offerings to financial institutions as the company continues to advance its growing pipeline.
EventX, an Asian-focused event SaaS company that provides event technology and event management solutions for businesses and marketers, announced the acquisition of Toasty, a meeting platform that helps engage people in meaningful conversations.
Founded in 2020, Toasty was designed to bring interactive workshops online and has since become the video meeting platform that is intentionally interactive to incorporate various social capabilities. Used by over 16.5K participants and available in over 25 countries, Toasty is poised to bring back human connection in a digital world.
Through this strategic acquisition, EventX will continue to broaden the product range and maximize the capabilities in hybrid event solutions that enable clients to grow by delivering next generation event technology solutions. This will also help accelerate the company’s strong growth across its hybrid event management solution, and its recently launched metaverse-enablement solution to strengthen the value proposition to both Asian clients and partners.
To address the event industry’s needs of increasing the quantity and quality of attendees acquisition, EventX has recently rolled out a new "Attendee Generation" offering as a marketing hacking tool for event organizers and marketers. With information such as the company size, profile and job title of potential prospects, the function is an effective outreach strategy to help organizers getting their target audiences to join events. It also aims to enable event organizers to get familiar with the notion of a well-defined persona and segmenting, personalizing and ultimately connecting more attendees with the right value.
Built with tech-first products, such as check-in solution, online event registration system, event app and virtual event solution, that encompass features from all-in-one CRM management, EventX strives to serve companies of all shapes and sizes to let them spot new business opportunities by enhancing audience reach.
National IT Promotion Agency (NIPA), a Korean government agency for supporting the ICT industry, hosts an online export conference for small and medium companies (SMBs) to find overseas clients.
The event takes place on 18–19 August on World Online ICT Show or ICTWOW, an integrated platform to support the domestic ICT business entering overseas markets during the hard times after the COVID-19 pandemic.
ICTWOW is a virtual space where more than 450 promising Korean ICT companies present their technology and products on a 24/7 basis. ICTWOW has been overhauled recently to refine company directories and enhance search features. It also faced off the design by building new 3D image elements on the main pages and an AI chatbot has been newly implemented for customer support. The online ICTWOW event will accompany the on-site exhibition K-Metaverse Expo Busan, held in BEXCO, Busan.
Based on surveys among domestic SMBs that run Metaverse-related businesses, NIPA recruited more than 20 potential clients from Canada, Japan, China, and some ASEAN countries. More than 30 domestic companies will gather in the export lounge in K-Metaverse Expo Busan to present their Metaverse-related services and technologies to these clients via video calling and ICTWOW company pages.
Azul announced the appointment of Dean Vaughan as vice president to drive the company’s expansion throughout Asia Pacific.
Vaughan joins Azul from Aruba Networks, a Hewlett Packard Enterprise company, following its acquisition of Silver Peak where he served as vice president, APAC.
At Silver Peak, Vaughan spearheaded the company's rapid growth throughout APAC; previously he ran Oracle's high-growth, Oracle Linux and Virtualization global business unit.
Hakuhodo Inc. and D.A.Consortium Inc. (DAC) announced the formation of H+, a cross-company strategic organization.
The H+ mission is to empower the digital future for client marketers by creating brand experiences that evolve as multi-faceted lifestyles, uncovering latent demand and encouraging new preferences and actions.
As is consistent across Hakuhodo, H+ has at its core the proprietary InsightOut® planning approach, that sees people not simply as consumers, but as “sei-katsu-sha”—Hakuhodo's term for the holistic person.
Seeing the world through the lens of sei-katsu-sha means that H+ is positioned to work with Hakuhodo DY Group companies and partners to help marketers to maximize the effectiveness and efficiency of their communication.
H+ will work closely with the Tokyo offices of Hakuhodo and DAC and lead the Hakuhodo DY Group's specialist companies in the APAC region to support clients' marketing and media activities.
Accenture has agreed to acquire Romp, a brand and experience agency in Indonesia renowned for its creative talent and innovative services across branding, creative and performance marketing.
The move will strengthen Accenture Song's (formerly Accenture Interactive) ability to deliver creative and tech-driven brand experiences for clients across Southeast Asia.
Romp boasts strong local knowledge and expertise in brand communications, design and digital operations. It has successfully transformed brands of all sizes and across industries, including Telkomsel, Indofood, Danone, Kimberly-Clarke Softex, Grab, Google, and Godrej.
The intent to acquire Romp will enhance Accenture Song's brand and marketing expertise, reinforcing its ability to help clients embrace new frontiers, such as the metaverse, and become relevant, experience-led organizations.
It also strategically aligns with Accenture's business strategy to help businesses in Indonesia capture opportunities in a post-pandemic economy that's poised for substantial growth – its digital advertising market is the fastest growing in Southeast Asia and its e-commerce market is estimated to reach $53.8 billion in 2025.
Accenture continues to invest in capabilities to help its clients drive growth through relevance. Last year, Accenture Song acquired Kuala Lumpur-based creative agency, Entropia, to deepen its capabilities in customer experience, design and creative communications. Terms of the transaction have not been disclosed. Completion of the acquisition is subject to customary closing conditions.
Integral Ad Science announced the appointment of Thomas V. Joseph as Chief Technology Officer (CTO), effective August 8, 2022.
As CTO, Joseph will lead the engineering team to develop and scale new offerings while continuing to evolve existing products.
Joseph brings over two decades of tech-industry leadership experience to the CTO role. Before joining IAS, he served as SVP Engineering at SiriusXM and Pandora, where he was responsible for the full engineering stack and architecture. Prior to SiriusXM and Pandora, Joseph spent several years at Microsoft, spanning a broad spectrum of technologies, starting in gaming and media, and culminating with the launch of Microsoft Office on iOS and Android.
Joseph's appointment to the CTO role follows the recent announcement of Yannis Dosios as Chief Commercial Officer, furthering IAS's drive for continued industry leadership and advancement. Joseph will report directly to Lisa Utzschneider, CEO of IAS, and will execute on the long-term product vision as part of the senior leadership team.
Fyllo announced the appointment of Robert Woolfrey as Managing Director, APAC.
Fyllo has built a leadership position in the United States with both high-growth industries and progressive audiences. Woolfrey will be responsible for growing Fyllo's marketing and regulatory solutions across Australia and Asia, providing the tools, data and integrations needed to drive new growth with speed and scale.
Fyllo first entered the APAC market with the recent acquisition of Semasio, a pioneer in unified contextual targeting for digital marketing.
Woolfrey has nearly 20 years of experience growing and directing business operations across the region. Previously, Woolfrey served as Senior Vice President, Asia for advertising and MarTech platform Amobee, where he was responsible for integrating two global acquisitions, Turn and Videology, and spearheading the agency's expansion across Asia. In that role, Woolfrey played an integral role in building partnerships with telcos, TV broadcasters, publishers, brands, and agencies, as well as executing cutting-edge, award-winning digital campaigns for brands.
Woolfrey will open and lead the company's business in the region and report to Jeff Ragovin, Fyllo's Chief Commercial Officer.