KUALA LUMPUR: Ho Wah Genting Bhd (HWGB) has appointed Datuk Aaron Lim Ooi Hong, a financial technology (fintech) pioneer in Malaysia, as its group executive chairman effective July 29, 2021.
In a statement today, the company said the appointment of Lim will help spearhead HWGB's next phase of transformation in what was described as 'a new digitalisation era for HWGB Group'.
Under the new leadership, HWGB Group will pivot away from the reliance on the traditional business model.
Lim will lead the digital transformation for the HWGB Group by injecting digital innovation into the company's portfolio of businesses.
"Over the last year, we have seen how the Covid-19 pandemic disrupted business operations, especially within the tourism industry.
"We have learned that we're living in a fast-paced world, and to remain competitive, we need to stay ahead of the curve.
"This is seen by the swift actions taken to diversify into the healthcare industry and the proposed electric vehicle business.
"My role is to bring my expertise in the fintech industry and help to integrate digital technology into all areas of business, fundamentally changing our operations and deliver values to our customers," said Lim.
Lim is also on the board of Fintech Bank Ltd as a non-executive, non-independent director.
Fintech Bank Ltd is incorporated in Labuan, offering commercial banking services powered by industry-leading banking technology and is a digital asset friendly bank.
He is also known for his entrepreneurial mindset and leadership skill as seen by his 25 years of experience serving in directorships and senior leadership positions in both private and public companies in the Asia Pacific region, including being the former executive director and chief executive officer of a public company listed on the Hong Kong Stock Exchange.