Grab Philippines has named Grace Vera Cruz as its new country head, effective October 15.
Vera Cruz replaces Brian Cu, who led the Singapore-based company’s operations in the country since it was launched in the Philippines seven years ago. He stepped down from the role in July.
Prior to joining Grab, Vera Cruz was managing director of Seawood Resources, a Philippine-based investment company with a global footprint, and has also held key positions in McKinsey & Co., CLSA Exchange Capital, and Shell.
According to the company, Vera 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 as One Grab. She will also drive ‘Grab for Good’ initiatives to contribute to the Philippines’ longer-term socio-economic development.”
“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,” Vera Cruz said. “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.”
“Working together and helping each other to overcome crisis is a hallmark of what it means to be Filipino, and I’m proud that Grab is part of the bigger community that’s helping to improve livelihoods,” said Russell Cohen, group managing director for Grab. “With Grace’s proven credentials in leadership, operations, and strategy, I’m confident she brings deep expertise and understanding, to help drivers and small businesses use digital services to grow, and support the Philippines in its economic recovery.”
NOTE: This article first appeared on Esquiremag.ph. Minor edits have been made.