iPrice taps ex-Measat CEO as its President & COO
By Digital News Asia September 26, 2019
- Part of iPrice ambition to be attractive employer for top talent from Malaysia and globally
- Achieved profitability in 2018, aims to become sustainable e-commerce firm in long term
iPrice Group, a leading product discovery and comparison platform for Southeast Asia (SEA), recently appointed Paul Brown-Kenyon (pic) as its president and chief operating officer.
iPrice Group is a leading SEA meta-search platform, serving markets in Malaysia, Indonesia, Vietnam, Thailand, Philippines, Singapore, and Hong Kong.
The newly-minted president and COO at iPrice Group commented “I am very excited to join the team. Prior to my appointment, iPrice has done a tremendous job in assisting online consumers across seven countries in SEA navigate e-commerce to discover the best deals. Today, the meta-search platform assists almost 20 million users a month, conveniently providing them verified product and vendor information. This presents the company a significant opportunity for us to further expand the range of our services and widen the reach of our product”
Paul Brown-Kenyon was formally the chief executive officer of Global Bhd (MEASAT Satellite Systems Sdn Bhd.) for more than 13 years prior to his appointment at iPrice Group. Brown-Kenyon joined MEASAT in 2003 as vice president of sales and marketing and has been in the SEA region for 15 years. Prior to being CEO of MEASAT, Brown-Kenyon has spent six years employed with the global management consulting firm McKinsey & Company.
“Paul’s appointment as president & COO marks a new milestone for iPrice Group. He will be the key catalyst in our journey of making our company more agile, mature, and to establish top class agile and management practices. Together we will constantly ask ourselves how we can make iPrice an attractive employer for top talents from Malaysia, across the region as well as globally” said David Chmelar, chief executive officer of iPrice Group.
“Paul combines two things which are rare to spot – he is a seasoned leader while at the same time he has the grit and passion for building companies and isn’t afraid of taking risks. We are very eager to learn from his experience every day while enjoying the craze of building a startup together”
“Another key decision factor to his appointment was a common passion for building a top-class working environment. His presence is a strong testament of iPrice’s current status and a foretaste of what we could become in the future – a powerful online shopping advisor used by millions of people in SEA and a prominent brand name amongst top performing startups in the region” adds Chmelar.
By the end of 2018, iPrice Group achieved profitability for the first time since its founding in 2014 and remains single-minded in establishing itself as a sustainable e-commerce company in the long term. In the same year, iPrice Group welcomed NAVER Corp, a leading search engine, shopping and price comparison engine in South Korea as its latest investor. NAVER’s direct investment comes only three months after its subsidiary’s VC arm, LINE Ventures, led iPrice’s funding round in 2018.