Touch ‘n Go Sdn Bhd (“Touch ‘n Go”) today announced the appointment of Praba Sangarajoo as Chief Executive Officer (“CEO”), effective 1 April 2023.
Praba is currently Deputy CEO, Business & Growth of Touch ‘n Go. He joined Touch ‘n Go in June 2021 and is responsible for revenue growth, new business, product innovation as well as the management of government and stakeholder relationships.
In less than two years, he has spearheaded the launch of new products and introduced new revenue streams, including RFID for expressway toll payments and fueling, the enhanced Touch ‘n Go NFC card for improved customer conveniences, and the acquisition of an unprecedented number of new parking sites in 2022.
Dato’ Zainal Abidin Putih, Chairman of Touch ‘n Go Group 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.
“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.”
Prior to joining Touch ‘n Go, Praba was Chief Executive Officer of Xperanti IoT (M) Sdn Bhd. Before that, he was Chief Operating Officer (Rail) at Sapura Secured Technologies. He has also served in management capacities in large multinational companies such as Nokia Siemens Networks, and Fujitsu. He has a Bachelor in Electrical & Electronic Engineering from the University of Northumbria.