20
GHL Systems Berhad
(293040-D)
Raj, 58, a Malaysian, was appointed as Chief Executive Officer on 8 September
2011 and later became a Board member on 4 November 2011. He entered the
payment solutions industry in 2001 when he joined DBS Bank Limited to create
the first direct debit, online real time payment gateway in Singapore. In 2002, the
business was sold to NETS Pte Ltd (“NETS”), a company owned by the Singapore
Banks, which operates the national EFTPOS, Cashcard and ATM networks in
Singapore. Raj was the Managing Director of NETS’s Online Payment subsidiary,
eNETS Pte Ltd’s (“eNETS”) and was instrumental in growing the business from
inception to its present dominant position in Singapore, serving banks in Singapore
and regionally.
Concurrent to this role, Raj also managed (until 2007) the International Markets
Business of NETS, a business group responsible for expanding NETS overseas through
acquisitions, partnerships and alliances with overseas payment operators. While in
this role, NETS acquired a subsidiary in China as well as entered into agreements
with China UnionPay and MEPS that enable Malaysians and Chinese consumers
to use their Bank cards on NETS’s network.
Prior to NETS, Raj was employed for more than 12 years with Citibank Australia and
Malaysia. He covered several functions during his career with the bank, including;
Marketing Head for a Corporate Banking business unit, Financial Controller
and Risk Manager. An accountant by training, Raj is a Fellow of the Institute
of Chartered Accountants in England & Wales, and the Institute of Chartered
Accountants in Australia. He is also amember of the Malaysian Institute of Certified
Public Accountants.
KANAGARAJ LORENZ
Group Chief Executive Officer
directors’
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