MoneyHero Group Announces Resignation of Chief Financial Officer
December 13 2024 - 9:00AM
MoneyHero Limited (Nasdaq: MNY) (“MoneyHero” or the “Company”), a
market leading personal finance aggregation and comparison platform
in Greater Southeast Asia, today announced the resignation of Hao
Qian, the Company’s Chief Financial Officer (“CFO”), effective
December 15, 2024. In connection with this development, the Company
and its Board of Directors have appointed Danny Leung, MoneyHero’s
Group Finance Director, to serve as its interim CFO throughout this
transitional period.
“We thank Hao for his many contributions and
support his personal decision to step down and move back to China
to be closer to his family,” said Rohith Murthy, CEO of MoneyHero.
“During his tenure with us, Hao helped MoneyHero further improve
its finance and accounting functions to better-position the
business for continued growth, profitability, and life as a U.S.
listed company. This includes restructuring our teams, cutting
costs, and streamlining our revenue streams. On behalf of everyone
at MoneyHero, I want to wish him well in his next chapter.
Importantly, I also want to congratulate Danny Leung on being named
MoneyHero’s new interim CFO. This is the right appointment for this
role, and our executive leadership team and Board of Directors look
forward to working more closely with Danny throughout this
transition and search process for our next permanent CFO.”
A senior finance and accounting executive with
more than two decades of diverse experience across growth-stage
businesses, multinational organizations, and publicly traded
companies, Mr. Leung joined MoneyHero in 2024 as the Company’s
Group Director of Finance, charged with helping to build and manage
the Company’s financial systems. Prior to joining MoneyHero, Mr.
Leung was the Senior Financial Controller of Marga Group, where he
worked closely with the Chairman and CEO to oversee financial
operations and drive growth within the telecommunications and
property development sectors. Before Marga Group, Mr. Leung was a
Financial Controller with Kontafarma China Holdings Ltd, where he
helped the business aggressively, but prudently expand through
numerous successful acquisitions. He started his career as Internal
Audit Manager with Lee Kum Kee, and earlier as an Audit Manager
with the global consulting firm, Deloitte Touche Tohmatsu. Mr.
Leung holds a B.A. in accounting from the University of Toronto and
an MBA from the University of Hong Kong. He will work closely with
the Company’s executive team, Board of Directors, and Audit
Committee in the coming weeks to ensure a seamless transition of
the CFO role and responsibilities.
“It has been an honor to serve as the CFO of
MoneyHero,” said Mr. Qian, outgoing CFO of MoneyHero. “Moving on
from this dynamic team and growing company was a very difficult
decision, but it is necessary for me at this time. This said, I am
confident I am leaving MoneyHero in great hands under the
incredible leadership of Rohith and the Board of Directors, who
have built a world-class organization and fintech disrupter that is
well-positioned for continued success.”
To help identify its next permanent CFO,
MoneyHero, which has a long and proven track record of attracting
and retaining top talent, has engaged leading global executive
search advisors to launch a formal search process.
For more information about MoneyHero, including
information for investors and learning about career opportunities,
please visit www.MoneyHeroGroup.com.
About MoneyHero GroupMoneyHero
Limited (NASDAQ: MNY) is a market leader in the online
personal finance and digital insurance aggregation and comparison
sector throughout Greater Southeast Asia. The Company operates in
the emerging markets of Singapore, Hong Kong, Taiwan, and the
Philippines. Its brand portfolio includes B2C platforms MoneyHero,
SingSaver, Money101, Moneymax, and Seedly, as well as the B2B
platform Creatory. The Company also retains an equity stake in
Malaysian fintech company, Jirnexu Pte. Ltd., parent company of
Jirnexu Sdn. Bhd., the operator of RinggitPlus, Malaysia’s largest
operating B2C platform. Enterprise-wide, MoneyHero had over 270
commercial partner relationships as of September 30, 2024, and had
approximately 7.4 million Monthly Unique Users across its platform
for the three months ended 30, 2024. The Company’s backers include
Peter Thiel—co-founder of PayPal, Palantir Technologies, and the
Founders Fund—and Hong Kong businessman, Richard Li, the founder
and chairman of Pacific Century Group. To learn more about
MoneyHero and how the innovative fintech company is driving APAC’s
digital economy, please visit www.MoneyHeroGroup.com.
For investor and media inquiries, please
contact:
Investor Relations:MoneyHero IR
TeamIR@MoneyHeroGroup.com
Media Relations:Gaffney Bennett
PRMoneyHero@gbpr.com
MoneyHero (NASDAQ:MNY)
Historical Stock Chart
From Dec 2024 to Jan 2025
MoneyHero (NASDAQ:MNY)
Historical Stock Chart
From Jan 2024 to Jan 2025