KUALA LUMPUR, 5 JANUARY 2023 – The board of Catcha Digital Berhad has officially announced the appointment of Eric Tan Leong Yit as Group Chief Executive Officer (Group CEO), effective 2 January 2023. Eric shall be responsible for driving organic growth and expansion opportunities, and value-adding mergers and acquisitions (M&A).
Eric has a wealth of experience across many aspects of the digital industry. He previously served as Chief of Staff at leading internet group, Catcha Group, where he was leading sourcing and execution for multiple strategic investments and M&A.
Eric was also previously the CEO and Co-Founder of Instahome, a Malaysian home rental platform and co-Founder of VIP Live, an Indonesian live-streaming app. Before that, he also served as the Head of Southeast Asia at London-based mobile app analytics company, Reflection.io.
“Eric brings a strong business vision to take the company on the next stage of its journey, with a desire to bring a high growth mindset and excellence of execution to the business. As Southeast Asia’s digital economy closes in on becoming a US$200bn market in 2022, with continuing 20% annual growth through 20251, we believe Eric is the right person to lead Catcha Digital Berhad as we ride this wave", said Dato’ Larry Gan, Chairman of Catcha Digital Berhad.
“I have had an exceptional experience working with Eric in building and investing in digital companies over the past 5 years, where he has been able to drive operational synergies across our group, while also sourcing for new M&A opportunities that expanded the value of each company. With his experience, energy and drive, I am confident that Eric will be successful in leading Catcha Digital Berhad,” said Patrick Grove, Director of Catcha Digital Berhad and the Company’s major shareholder.