Touch ‘n Go Sdn Bhd (Touch ‘n Go) has announced Praba Sangarajoo as its new Chief Executive Officer (CEO) effective 1st April 2023.
Praba is currently the Deputy CEO, Business & Growth of Touch ‘n Go and he joined the company in June 2021. He is responsible for revenue growth, new business, and product innovation as well as the management of government and stakeholder relationships. During his tenure, he spearheaded the launch of new products and introduced new revenue streams which include RFID for expressway toll payments and fuelling as well as the new Enhanced Touch ‘n Go NFC card, and the acquisition of an unprecedented number of new parking sites in 2022.
Before joining Touch ‘n Go, Praba was the CEO of Xperanti IoT (M) Sdn Bhd and he has also served as the Chief Operating Officer (Rail) at Sapura Secured Technologies. Prior to that, Praba served in various management roles in large multinational companies such as Nokia Siemens Networks and Fujitsu. The new CEO also has a Bachelor’s degree in Electrical & Electronic Engineering from the University of Northumbria.
Commenting on the appointment, Touch ‘n Go Group Chairman Dato Zainal Abidin Putih said “We are pleased to congratulate Praba on his promotion to his new role as CEO of Touch ‘n Go. Praba’s vast experience prior to joining Touch ‘n Go coupled with his experience in running Touch ‘n Go’s Business & Growth division, will be invaluable in taking the company to the next level of growth. He will be responsible for continuing the growth trajectory of the Group’s businesses as we navigate an increasingly competitive landscape in the fintech industry.”
He added, “Whilst Touch ‘n Go has been a dominant payment form factor on highway tolls, the company now also operates multiple businesses and revenue streams, and is competitive across all verticals, not just in tolling. There remains significant room for innovation across our businesses with further potential for growth. We are confident that Praba has the business acumen and leadership capabilities to steer Touch ‘n Go through its next strategic phase and achieve greater successes going forward.”
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