Timo appoints Nam Tran as a member of the Global Advisory Board

May 13, 2021 | 17:58
Timo, the first digital banking platform in Vietnam, officially announced the appointment of Nam Tran, co-founder and chairman of Moca as a member of the Global Advisory Board at Timo from May 1, 2021.

Nam Tran co-founded and led the development of Moca, a pioneer in mobile payments in Vietnam. Moca has successfully launched a strategic partnership with Grab since late 2018 and has also partnered with more than 20 banks and leading retailers such as McDonald's and 7-Eleven. Nam is also a senior advisor and former head of Grab Financial Group (Vietnam).

In earlier years, Nam had worked at Maritime Bank (MSB) as deputy general director in charge of Operations and IT. Nam also co-founded Mobivi – the first electronic wallet in Vietnam – after leaving his position as product manager at Microsoft in the US. Nam completed his PhD in computer science at Monash University, Australia in 2005.

Known as a pioneer and experienced leader in fintech in Vietnam, especially in the mobile payment segment, Nam is expected to contribute to breakthrough products and outstanding financial experiences for Timo’s customers.

timo appoints nam tran as a member of the global advisory board
Nam Tran was appointed as a global advisor at Timo from May 1, 2021

Sharing about his new position, Nam said that he was very excited about this new role at Timo. “Banking services should contribute to better life experiences for consumers. To do that, Timo will expand cooperation with many other fintech companies and ecosystem partners to provide diversified and optimised digital financial services. With an extensive network of partners and a modern digital banking platform, I believe Timo can become a leading digital ecosystem in Vietnam,” Nam said.

According to CEO Henry Nguyen, Timo will soon promote cooperation with other e-wallets and fintech platforms to expand its digital services for customers, providing them with the best experiences in payment and beyond.

“Timo will have to be more flexible and become the leader in grasping international financial development trends and flexibly adjust to truly fit and bring the best performance to the digital banking ecosystem in Vietnam,” Hoang said.

The Timo Global Advisory Board consisting of Nirukt Sapru, former CEO of Standard Chartered Bank Vietnam and Nam Tran, co-founder and chairman of Moca, will advise and support Timo's senior management team, including to seek and appoint other strong leaders, aiming to become a preferred “financial partner” providing the best financial experiences anytime, anywhere through innovative and flexible digital solutions.

Cooperating with Viet Capital Bank as the first digital banking platform in Vietnam, Timo has continuously developed, improved, and innovated to bring its customers the best financial experiences.

Recently, Timo has been honoured in the Top 50 Outstanding Foreign-Invested Enterprises in 2020, won "Leading Digital Banking Platform in Vietnam" at the Golden Dragon Award 2021, and was awarded the “Best Digital Bank in Vietnam” title for three consecutive years by prestigious international magazines Asiamoney, Global Economics, and International Business Magazine.

By Bich Ngoc

What the stars mean:

★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional