There will be a new boss leading Grab Philippines after August 14, 2020. This comes after longtime Grab Philippines president Brian Cu announced that he will be leaving his post next month.
In a video announcement posted on his Facebook page, Cu said that he has decided to leave Grab to pursue other business interests, as well as focus more on his family.
“Nais ko pong ipaalam sa inyo that I've decided to pursue other business interests and focus on my family at sa mga anak kong lumalaki na. And it's with a heavy heart that I have to tell you all that I have decided to leave Grab,” said Cu.
[I want to let you know that I've decided to pursue other business interests and focus on my family and my growing children. And it's with a heavy heart that I have to tell you all that I have decided to leave Grab]
Despite his departure from the company, Cu said that he wants to assure that the company will continue supporting its partners amid the transition of leadership at Grab. These include its partner drivers, riders, and business that use Grab's services.
Russell Cohen, Group Managing Director for Grab, confirmed that Cu is indeed stepping down as president of Grab Philippines. “He has decided to move on to focus on other business interests as an entrepreneur in the startup scene, and we wish him the very best,” said Cohen.
In the coming weeks, the company will focus on the transition – with Grab Philippines Head of Transport and Shared Services Ronald Roda to continue as Head of Country Operations.
“In the next few weeks, Brian, together with the leadership of Grab Philippines, will be focusing on a thorough and seamless transition to ensure consistency and continuity of Grab’s goals and operations in the country,” added Cohen.
During Cu's leadership of Grab in the country, he was able to turn the fledgling company into a powerhouse in just seven years. From just being a Transport Network Vehicle Services (TNVS), Grab Philippines is now also a food and logistics delivery company, as well as providing other forms of online-based services.
“We send our heartfelt thanks to Brian for managing the Grab Philippines business for the past few years, where he’s grown the business from a fledgling startup to where it is today,” said Cohen.