Prior to the appointment, Zubin was the Malaysia country head for BigPay.

His other previous appointments include being a partner with the Boston Consulting Group, co-founder of private equity fund Tuas Capital Partners, and stints in Hong Leong Bank and KPMG Business Advisory.

He holds a Bachelor of Arts in Philosophy, Politics and Economics from the University of Oxford.

“I will leverage my nearly 20 years of experience across financial services and capital markets to better provide our customers with the accessible and supportive products they need to live better lives.

“With an increased focus on our customers and deeper collaboration with the Superapp, I am confident in achieving greater growth for BigPay, which saw 56% year-on-year growth in revenue and a 43% improvement in gross profit margins,” said Zubin.

Zubin succeeds Salim Dhanani who stepped down in February to pursue a new opportunity outside of BigPay.

I trust that the amazing team I’ve had the privilege to work with will ensure that we have a sustainable business model scaling within the AirAsia and Capital A ecosystem as BigPay embarks on the next chapter with the new leadership,” said Salim.

Founded in 2017, BigPay aims to offer financial services – from payments to international transfers, credit, micro-insurance, loans and smart budgeting – that can improve the lives of Southeast Asians.

The company currently has 1.37 million transacting and carded users, representing 17% growth year-on-year.

As at 10.20am, its parent company Capital A Bhd’s share price stood at 75 sen, valuing the company at RM3.09 billion.