Latest news with #GXSBankPteLtd
The Star
15-05-2025
- Business
- The Star
Lai is GXS Bank's new group CEO
PETALING JAYA: Lai Pei-Si has been appointed to the role of group chief executive officer (CEO) of GXS Bank Pte Ltd effective June 1, 2025 following the upcoming retirement of group CEO Muthukrishnan Ramaswami. Lai, the current CEO of GX Bank Bhd, the Malaysian digital bank subsidiary of GXS Bank, spearheaded the launch of GX Bank in November 2023, which went on to acquire one million customers within a year. Kaushik Chowdhury, the current deputy CEO and chief commercial officer of GXBank's retail business, would be supported by Hildah Hamzah, who takes over the role of deputy CEO and chief operating officer. Datuk Zaiton Mohd Hassan, GX Bank's chairperson, commended Lai's visionary leadership that firmly established GXBank as a leading digital bank in Malaysia.
The Star
14-05-2025
- Business
- The Star
Pei-Si Lai takes helm at GXS Bank; Kaushik Chowdhury steps up as GXBank CEO
KUALA LUMPUR: GXBank, the digital bank subsidiary of GXS Bank in Malaysia, has announced the appointment of Pei-Si Lai as the group CEO of GXS Bank. The appointment will take effect on June 1, 2025. Lai, who is currently the CEO of GXBank, will succeed Muthukrishnan Ramaswami, the current group CEO, upon his retirement. In a statement, GXBank said Kaushik Chowdhury, the current deputy CEO and chief commercial officer (Retail), will succeed Lai as the CEO of GXBank in Malaysia. He will be supported by Hildah Hamzah, who will take on the role of deputy CEO and chief operating officer, along with the existing management team. GXBank is a subsidiary of GXS Bank Pte Ltd, the digital bank joint venture between Grab Holdings Limited and Singapore Telecommunications Limited (Singtel). GXBank is also owned by a consortium of other Malaysian investors, including Kuok Group.
