During his time at SoftBank, Ming Maa oversaw the company’s investment in ride-sharing and e-commerce industries, including Grab itself
Southeast Asian ride-hailing giant Grab today announced the appointment of Ming Maa as its new President.
Based in Singapore, he will be in charge of driving corporate development activities, including strategic partnerships and investment opportunities, developing and executing on new market strategies, managing the company’s overall capital structure, and other corporate activities.
Ming has over 12 years of finance and investment experience in Jakarta, Tokyo, and San Francisco. Previously, at SoftBank, he played a key role in key role in overseeing SoftBank’s investments in the ride-sharing and e-commerce industries when the company invested in Grab’s Series D round in April 2015 and Series F in September 2016.
He was also a Principal at Ancora Capital Management Pte Ltd and a Vice President in Goldman Sachs’ Merchant Banking Division, the firm’s global private equity group.
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Ming Maa, President, Grab
Ming received his Bachelor of Science and Master of Science degrees from the Massachusetts Institute of Technology.
“Ming is incredibly strategic, and his insights from over a decade of investing in the US and Asia will be of tremendous value as we continue to extend Grab’s market leadership across Southeast Asia,”
said Grab Group CEO and Co-founder Anthony Tan, in a press statement.
“As the best capitalised start-up in the region, we remain focused on leading the way in creating the best possible experience for users, while growing our core transportation platform and enhancing GrabPay, our payments platform. Ming’s appointment reflects our commitment to delivering continued rapid growth and innovation, and we are thrilled to welcome him to our team,” he further explained.
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