Capital A, the parent company of Malaysia-based low-cost carrier, has announced a blueprint to grow its digital businesses under the leadership of President, Commercial of Capital A Colin Currie who will hold dual roles including the Chief Executive Officer of airasia digital position.
In a statement on Tuesday, Capital A also announced that its Head of Investments John Cheing has been appointed as the Chief Financial Officer for airasia Digital and airasia Super App effective 1 March.
According to the statement, these leadership transitions are in line with the company’s growth plans to scale up Capital A’s digital business portfolio, which includes its subsidiaries, the airasia Super App, the travel & lifestyle platform and its fintech portfolio BigPay.
“As demonstrated in our fourth quarter of 2022 results which showed strong performances in both our super app and our fintech business, we are excited to be launching the next phase of growth in our digital portfolios,” said Tony Fernandes, Chief Executive Officer of Capital A.
“I have full confidence in Commercial President of Capital A, Colin Currie to take the Chief Executive Officer role for airasia digital given his past experience of leading adidas to record-breaking growth in the regional market he managed,
“He will be heading a competent team to create stronger synergy and a better user experience in travel and payment by forging a closer collaboration between the airasia super app and BigPay platforms for the users within the Capital A ecosystem,” he said.
He also noted John’s experience as the Head of Investments for Capital A and his close involvement especially with the strategic planning of airasia super app will also be beneficial in his new role as the Chief Financial Officer for airasia Digital.
“Both Colin and John will work closely with me to scale our digital business portfolio up,” he added.
Colin Currie, Chief Executive Officer of airasia Digital and President, Commercial of Capital A said he is excited to be guiding airasia digital as it pursues its vision of creating an ecosystem of businesses that connect with our customers in their everyday life bringing them the best of travel, financial and lifestyle services.
“We believe that our digital journey has much more room for growth as we aim to become one of the leading travel superapps within Asean and beyond,
“I look forward to working with John whose strong financial knowledge and experience will help drive strategic goals, deliver value and ultimately bring our digital businesses to new heights while ensuring we continue to be profitable,” he said.
The airasia super app is the one-stop travel, e-commerce and fintech platform business of Capital A offering consumers over 15 lines of products and services via the super app as well as the airasia.com website.
Powered by data and technology, the airasia super app leverages its digital ecosystem of 51 million users and 40 million downloads to generate a personalised and seamless consumer experience.
Users can also engage in real-time conversations, join like-minded communities, play games and much more. The app covers travel needs to everyday lifestyle essentials.
BigPay is a Southeast Asian fintech group founded in 2017. The company is committed to democratizing financial literacy, accessibility, and wellbeing in the region by providing accessible, transparent, simple and secure digital financial services.
From payments to international transfers, micro-insurance, personal loans, savings and smart budgeting, BigPay goal is to drive sustainable change for consumers and businesses across Southeast Asia.
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