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Tue, 7 March 2023

Capital A Appoints CEO and CFO of airasia Digital

(07/03/23)  Capital A has confirmed that Colin Currie will have dual roles, working as both President - Commercial of Capital A and as Chief Executive Officer of airasia Digital.

Capital As Head of Investments John Cheing has been appointed as the Chief Financial Officer for airasia Digital and airasia Super App.

The leadership transitions are in line with the companys growth plans to scale up Capital As digital business portfolio, which includes its subsidiaries - the airasia Super App, the travel & lifestyle platform and its fintech portfolio BigPay.

Colin Currie. Click to enlarge.
Colin Currie

As demonstrated in our Q4 2022 results which showed strong performances in both our Super App and fintech business, we are excited to be launching the next phase of growth in our digital portfolios, said Tony Fernandes, CEO of Capital A. I have full confidence in Commercial President of Capital A, Colin Currie to take the CEO 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. Johns 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 CFO for airasia Digital. Both Colin and John will work closely with me to scale our digital business portfolio up.

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. The company says that the airasia Super App has a digital ecosystem of 51 million users.

BigPay is a Southeast Asian fintech group founded in 2017. The company is committed to democratising 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, the goal is to drive sustainable change for consumers and businesses across Southeast Asia.

I am 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, said Mr. Currie. We believe that our digital journey has much more room for growth as we aim to become one of the leading travel Super Apps 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.

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