Grab Holdings Inc., which plans to go public via a merger with Altimeter Growth Corp. by the end of this year, has appointed Alex Hungate, chief executive officer of SATS Ltd., as its chief operating officer. 

“Grab’s business has expanded from ride-hailing into multiple new segments in the last three years, and Alex will bring together and create greater ecosystem synergies across Grab,” the Singapore-based company said in a statement. 

The appointment will be effective from Jan 4. He will replace Tan Hooi Ling, who will continue to oversee key pillars of the company’s business including technology, people operations and corporate strategy as Grab’s co-founder.

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