BigPay, has announced the appointment of Zubin Rada Krishnan as acting Group CEO., Zubin was the Malaysia country head for BigPay the past year, and succeeds Salim Dhanani who stepped down in February to pursue a new opportunity outside of BigPay.
Salim Dhanani said, “It has been an immensely humbling experience serving as the CEO of BigPay, securing capital to scale, developing a suite of financial services for our customers and diversifying revenue streams since inception. I trust that the amazing team I’ve had the privilege to work with will ensure that we have a sustainable business model scaling within the AirAsia and Capital A ecosystem as BigPay embarks on the next chapter with the new leadership.”
Colin Currie, President, CEO, airasia Digital said, “The management would like to thank Salim for his leadership as CEO since December 2020, and for being a part of BigPay’s journey to challenge conventional banking in Asean. We are excited to welcome Zubin Rada Krishnan as acting Group CEO of BigPay, who has been the country head for Malaysia for nearly a year.
Acting Group CEO of BigPay Zubin Rada Krishnan said, “I am confident in achieving greater growth for BigPay, which saw 56% YoY growth in revenue and a 43% improvement in gross profit margins. We have a stellar, talented team behind the business, who are instrumental in deepening and expanding our footprint in Malaysia and across Asean, with a planned launch in Thailand later this year, followed by Indonesia and the Philippines.”
Before joining BigPay, Zubin was a Partner with the Boston Consulting Group for over six years, where he focused on financial services, including: the design of digital banks in Singapore & Malaysia; large-scale bank operating model transformations; and the build & launch of innovative digital products. He was also a co-founder of Tuas Capital Partners, a private equity fund. Prior, he played a strategy role at Hong Leong Bank where he helped set up a new subsidiary in Vietnam, and supported Malaysia’s last major retail banking merger. He began his career in KPMG Business Advisory, supporting financial institutions across financial risk and strategy. Zubin holds a Bachelor of Arts in Philosophy, Politics and Economics from the University of Oxford.
