DigiPlus Interactive Corp. has appointed global corporate finance veteran Ping Chen as its new president, effective immediately, following the company’s Annual Stockholders’ Meeting and Board of Directors’ Organizational Meeting on Friday, May 29th, in the Philippines.
Chen was also elected as a member of the company’s Board of Directors, taking on both executive and board responsibilities. He succeeds Andy Tsui, who stepped down after more than 4 years as president and director.
DigiPlus, the digital entertainment provider behind BingoPlus, ArenaPlus and GameZone, said Chen brings more than 22 years of experience across technology, investment banking, corporate finance, strategic investments and executive leadership in Asia and global markets.
Before joining DigiPlus, Chen served as chief financial officer, chief investment officer and executive committee member of one of Asia’s largest publicly listed technology and services conglomerates. He previously spent 2 decades in global investment banking in Hong Kong and London, including roles as senior managing director at Moelis & Company and positions at Bank of America Merrill Lynch, Citi and Morgan Stanley.
“Bringing Ping Chen on board at this exact moment is a strategic move for DigiPlus,” DigiPlus Chairman Eusebio H. Tanco said. “His extensive global experience, strategic insight, and proven leadership capabilities position him well to help steer the Company through our next phase of expansion and long-term value creation.”
Tanco also thanked Tsui for his tenure, citing his role in advancing strategic initiatives, strengthening organizational capabilities and supporting business growth.
Chen said his mandate is to help design DigiPlus’ long-term strategy, improve financial performance and operational efficiency, and support sustainable growth.
DigiPlus said Chen holds a Master of Philosophy in Financial Engineering from the University of Cambridge and a Master of Engineering in Electrical and Electronic Engineering with Management Studies from Imperial College London.
