Sazon named new GCash CEO

MANILA, Philippines — The operator of mobile wallet GCash is appointing Globe Telecom senior vice president and head of broadband business Martha Sazon as its chief executive officer.

Globe said yesterday Sazon would serve as Mynt’s new CEO effective June 1, replacing Anthony Thomas, who led the fintech company in the last three years.

Sazon joins Mynt with 12 years of leadership experience across various businesses in Globe such as postpaid mobile, small and medium business, and broadband business.

Globe said her leadership experience in the Ayala-led telco is expected to help the company in re-shaping, championing, and bringing to life a digital, financially-inclusive, and cashless nation.

“Inherent to her is the ability to pioneer and execute breakthroughs that led to significant and sustainable results, all anchored on addressing the most important customer needs such as the MySuperPlan, SME solutions-selling, and Home Prepaid Wifi and Streamwatch Xtreme Prepaid, while transforming operations through agile and digitalization,” Globe president and CEO Ernest Cu said.

“Martha, as a leader, is a clear embodiment of Mynt’s current state that is ready to take on the future, fired up for sustainable growth and armed with an evolved, progressive approach to customer experience,” Cu said.

Meanwhile, Globe said Thomas would continue to serve as advisor to the board of Mynt.

“Mynt’s unwavering commitment in delivering world-class e-wallet services for the Filipinos, has brought the brand GCash to its undisputed leadership position in the Philippine Fintech space today. This achievement would not have been possible if not for the leadership of Anthony Thomas in the last three years,” Cu said.

Mynt, which is owned by Globe, Ayala Corp. and Ant Financial, an affiliate of Jack Ma’s Alibaba Group, is a mobile financial services firm focused on accelerating financial inclusion through mobile money, micro-loans, and technology.

The company provides secure, accessible, and convenient fintech solutions to individuals, businesses, and organizations.

It operates two fintech companies – GCash and Fuse, a tech-based lending company that enables Filipinos to get microloans to business loans.