E-commerce enabler iPrice Group has new CEO

Paul Brown Kenyon, Chief Executive Officer of iPrice Group

Southeast Asia’s leading product discovery and comparison platform, iPrice Group, appoints Paul Brown-Kenyon as its new Chief Executive Officer as the company rides the online wave.

With more than 20 years of experience in the Asian technology sector, Brown-Kenyon  spent 13 years leading MEASAT Global Berhad (MEASAT Satellite Systems Sdn Bhd) and six years with the global management consulting firm McKinsey & Company.

“With rapid growth in our team size, client base and partnerships, changes to the management team are critical for our continued success,” said David Chmelař, iPrice Groups’ former CEO who now assumes the title of Executive Vice-Chairman and Co-founder.

Chmelař said Paul’s experience in building tech companies in Asia is a perfect match to the growing demand on operational excellence at iPrice.

“We are convinced that in this new role, Paul will help bring iPrice to the top league of SEA startups,” he added.

As for iPrice Group, their websites which serve Southeast Asian and Hong Kong consumers saw a 60 percent increase in traffic within only the past 2 months.

With consumers increasingly turning to online shopping, tech and media platforms are looking to expand into e-commerce, opening up a multitude of partnership opportunities for iPrice Group as an e-commerce enabler.

“iPrice’s core value proposition – helping online consumers navigate and find the best online deals – has become even more important today,” Brown-Kenyon said.

Starting with their own websites, iPrice is now the content provider for the websites and apps of multiple top brands in the region.

“My primary focus will be on helping the organisation scale successfully to meet the rapidly expanding needs of our users, and of our merchants and partners looking to tap into the e-commerce opportunity. In addition to focus on operational excellence and organizational strength, we are focused on building on the organisation’s culture to make iPrice a “Great Place to Work” for the region’s best e-commerce talent,” added the newly minted Chief Executive Officer.

Brown-Kenyon said that to accomplish this, he will be overseeing areas such as strategy, operational excellence, corporate governance, performance management, as well as making iPrice an attractive workplace for talents in the region.

iPrice so far has entered partnership with such diverse companies as New Straits Times, IDN Times, VnExpress, Thairath, LINE, Visenze, Home Credit Indonesia, and is exploring other partnerships across the region.

Earlier this year, iPrice Group also successfully closed a USD10 million Series B led by ACA Investments, which brought their total funding so far to USD20 million.

Given that relationships with partners and merchants are critical to their future success, in his new role, Chmelař will be devoting his attention to business development and partner relations in addition to working with their Board and investor group.

“I am very much looking forward to the challenges and happy to continue dedicating my full energies to iPrice.” the Executive Vice-Chairman and Co-founder added.

As a further announcement, Heinrich M. Wendel, iPrice Group’s co-founder and current Chief Technology Officer, will take an additional title of Chief Product Officer as he will spend more time on developing iPrice’s product offerings and setting the direction for the company’s technology in the long term.

For the official press release, go to https://iprice.my/trends/insights/e-commerce-enabler-iprice-group-appoints-new-ceo-as-company-positions-to-ride-online-shopping-wave/

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