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Taxi Company Mai Linh Has New Australian CEO After Merger

Mai Linh, one of Vietnam’s top taxi service operators, just announced a new CEO and various changes in its leadership.

VnExpress reports that Mai Linh Group now has a new CEO, as Australian financial executive Rahn Wood replaces Ho Huy, the current chairman of Mai Linh. The news source explains that the move is in line with an upcoming regulation, to take effect this August, barring companies from having one individual as both CEO and company chairperson.

Wood has been working in finance for over 30 years, the last 10 of which were in Vietnam. His portfolio includes various posts at Eximbank, Vietnam International Bank (VIB) and investment fund VinaCapital. According to Huy, the leadership change reflects the company’s aspiration to incorporate new technologies in its business, especially cashless payments.

Born in 1955, Ho Huy founded Mai Linh in 1993 after returning from working abroad in what was then Czechoslovakia, and he has been the chairman of the company’s board of directors since 2002, according to CafeBiz.

Last year, Mai Linh merged three subsidiaries — Mai Linh Group, Mai Linh Central JSC and Mai Linh North JSC — into a single entity in a bid to boost business efficiency in the face of new competition in the transportation market, such as Grab, Go-Viet and Be.

[Photo via Mai Linh]

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