Singapore – Global financial superapp Revolut has appointed Raymond Ng, chief commercial officer at Liquid Group, to be its new CEO for Singapore. This follows Revolut’s recent launch of its crypto products in Singapore.
In his new role, Ng will be focusing on leading and building the next chapter of Revolut’s expansion in Singapore, developing and implementing the local business strategy.
During his previous stint at Liquid Group, Ng managed product and business development and global expansion. He also held senior executive roles with large global corporations such as Microsoft, Visa, and MasterCard, as well as with tech startups.
Revolut said it is committed to establishing Singapore as one of the cornerstones of its global business and plans to establish several global product hubs.
Commenting on his appointment, Ng said, “I’m thrilled to lead the exceptionally talented team and bring Revolut’s super app offering to Singapore as we continue to develop the best financial solutions for millions in Singapore, especially those who are looking for hassle-free digital alternatives to get more from their money.”
Meanwhile, Nik Storonsky, CEO and founder of Revolut, noted, “With a wealth of experience in the mobile, payment and travel tech sectors and an outstanding track record in scaling the business across new markets in the APAC region, Raymond is an excellent fit for the role and his appointment is a major achievement in our continued mission to become the world’s first truly global financial superapp.”
In April 2022, Revolut has appointed Charles Debonneuil as APAC general manager as it continues to focus on growth in the APAC region. Debonneuil will focus on building out Revolut’s local Growth teams and developing the business’ growth strategy, driving rapid new user acquisition in the APAC region.