People Digest: Grab senior director quits; HKEX names chief people officer

Agung Nugroho - CEO & Co-Founder Kudo

Agung Nugroho, a senior director at Grab has resigned from the company, while Hong Kong Exchanges and Clearing Limited has appointed Kerry Rooks as its chief people officer.

Grab’s senior director Agung Nugroho resigns

Agung Nugroho, senior director of Southeast Asian superapp Grab has resigned from the company as per his LinkedIn post.

Nugroho, who also founded the Indonesia-based payment startup Kudo, said that it’s time “to take a pause, rest up, day dream, and most importantly, share more love to the family.”

He also said that after the departure, he will spend time to acquire new knowledge and technology (web3, blockchain, clean energy) as well as mentoring, investing and helping some startups to grow stronger and better.

“Being part of Grab gave me a great time to learn and understand what it takes to scale a company and the people within to decacorn and even to IPO. But most importantly, I had a great time being part of a company that has a strong culture of Honor, Hunger, Humility and Heart,” he said in the LinkedIn post.

Nugroho joined Grab when it acquired Kudo in 2017. Grab did not disclose the deal value, even as industry executives, as well as earlier media reports pegged it at $100 million, that includes a combination of cash and equity.

Kudo was established in July 2014 by Albert Lucius, a former analyst at Goldman Sachs and product engineer at Apple, and Agung Nugroho, a former consultant at Boston Consulting Group.

HKEX names chief people officer

Hong Kong Exchanges and Clearing Limited (HKEX) has appointed Kerry Rooks as its chief people officer, according to an announcement.

In this role, Rooks will be responsible for the Human Resources function across HKEX Group, leading a team of HR professionals in Hong Kong, mainland China and internationally, helping to ensure that HKEX continues to have the best talent and talent management programmes, supporting the long-term development of the group.

Rooks joins HKEX on Jan. 10, 2022, and will report to HKEX chief executive officer, Nicolas Aguzin. She will also become a member of the Group’s Management Committee.

Rooks succeeds Paul Choi, group head of HR, who plans to pursue other career interests outside of the Group.

Before joining HKEX, she was chief HR officer, Prudential, Hong Kong. Prior to this, she worked in various HR roles for New York Life International – Asia, based out of Hong Kong; AIG in both New York and Hong Kong; and Prudential Life Insurance in Tokyo.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.