Luno Malaysia announces leadership updates

• Aaron Tang replaces David Low as APAC general manager
• Scarlett Chai to take over as new country manager for Malaysia

Luno, a regulated digital asset exchange, announced a series of leadership updates which includes a new APAC general manager and country manager.
 
David Low will be taking a career break and stepping down as APAC General Manager on 15th May 2023, a position he had been serving since August 2018. He first joined Luno Malaysia as Country Manager in early 2018.
 
Following that, Aaron Tang will assume the role of APAC General Manager starting 15th May, having joined Luno Malaysia as Marketing and Community Lead in 2018. He was most recently Country Manager for Luno Malaysia, having served in this position since August 2019.
 
Meanwhile, Scarlett Chai will take over as the new Country Manager for Luno Malaysia effective immediately, having previously served as Marketing & Partnerships Lead from 2019-2021, and then as Marketing Manager, a role she has assumed since July 2021.
 
David advocated for cryptocurrency space in March 2018 and led Luno’s regional expansion from Malaysia by obtaining regulatory approvals and launching Luno’s businesses in other APAC markets. “It has been a privilege to be allowed to lead Luno’s APAC businesses. After 5 years, I've decided to take a career break and pass the baton to the next line of leadership,” he said.

As part of the pioneering team in Malaysia, Aaron has been working with David to build Luno’s local presence and obtain Luno Malaysia’s regulatory approval from the Securities Commission Malaysia (SC). He has since expanded the local team to more than 60 employees, with over 800,000 Malaysians currently signed up with the platform.
 
As Luno’s APAC General Manager, Aaron will be tasked to oversee Luno’s market operations at the regional level and to grow the business in markets across the APAC region. 
 
“I am grateful to have had this opportunity, and I look forward to growing Luno’s business at the regional level, from building closer relationships with industry stakeholders to advancing awareness efforts for investors across the APAC markets,” said Aaron.
 
Scarlett has been leading marketing initiatives at Luno Malaysia for four years. Some of her key achievements include building Luno’s affiliates program, leading the development of Women-in-Crypto – a community for women to learn about crypto, and most recent leading Luno’s largest integrated brand campaign, Move with Luno.
 
Scarlett has also contributed to leading projects such as the application of Malaysia’s regulatory approval, and the integration of Luno with banking and payment partners.
 
“I hope to extend on the work that both David and Aaron have contributed to, and look forward to expanding awareness, education, and accessibility of crypto investing for all Malaysians,” said Scarlett.
 
Luno currently stores more than US$270.1 million (RM1.2 billion) in value on behalf of its customers across nine approved digital assets in Malaysia.