Grab PH’s Cu steps down as president

Brian Cu of Grab Philippines will be stepping down as president starting August 14, according to a statement issued by Grab on Wednesday.

“Brian will be leaving his role as Grab Philippines President on 14 August 2020, having joined us seven years ago,” Russell Cohen, group managing director – operations for Grab, said.

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. He has decided to move on to focus other business interests as an entrepreneur in the startup scene, and we wish him the very best,” Cohen added.

Cu, who joined the Grab PH in 2013 as co-founder and managing director, was instrumental in transforming grab into a “super app” that provides essential services like seamless mobility (GrabCar), on-demand food delivery (GrabFood), on-demand pabili service (GrabExpress Pabili), on-demand grocery service (GrabMart), logistics (GrabExpress), cashless payments (GrabPay), and other financial services.

“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,” the statement furthered. 

In a video message posted by Cu on his Facebook account, he confirmed his decision to leave the company to focus on other matters and his family. He also assured the continued support for Grab’s partners.

“Nais ko pong ipaalam sa inyo, na I decided to pursue other business interests and focus on my family at sa aking mga anak na lumalaki na. And it’s with a heavy heart that I have to tell you all that I’ve decided to leave the app. Pero sa aking paglisan, gusto kong i-assure kayong lahat na itutuloy po natin ang pagsuporta sa ating mga partners, all the drivers and all the merchants. Susuportahan po namin kayo sa inyong mga kabuhayan,” he said.

In Cu’s absence, Grab Philippines’ Transport and Shared Services head Ronald Roda will proceed to lead country operations while Nicka Hosaka will continue to serve as official spokesperson.

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