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Grab Philippines names new country head


Grab, a ride-hailing, food delivery, and digital payments multinational company, has named a new head for its operations in the Philippines.

In a statement on Thursday, Grab announced the appointment of Grace Vera Cruz as country head for Grab Philippines, effective October 15, 2020.

Cruz replaced long-time Grab Philippines head Brian Cu, who announced his resignation last July to focus on other entrepreneurial interests as well as to spend time with his family.

“Grace brings more than 15 years of business experience and vast industry knowledge to drive Grab’s mission in the Philippines,” Grab said.

Prior to Grab, she was the managing director of Seawood Resources, a Philippine-based investment company with a global footprint, and has held key positions in McKinsey & Co., CLSA Exchange Capital, and Shell.

Grab said Cruz will focus on creating deeper synergies across Grab’s “suite of services,” including on-demand transport, food and mart deliveries, and e-payments and financial services, to better serve customers, driver-partners, merchant-partners, and corporate partners in the Philippines.

She will also drive “Grab for Good” initiatives to contribute to the Philippines’ longer-term socio-economic development, the company said.

“I am proud to be joining Grab Philippines, a company that has made a conscious effort to help our communities respond to the COVID-19 pandemic through GrabBayanihan. I look forward to working with the team to leverage Grab’s technology and innovation to help Filipino communities safely and sustainably recover from the impact of the COVID-19 pandemic,” Cruz said.—AOL, GMA News