He replaces outgoing chief financial officer Frank Stevenaar.

Financial services and data platform GoBear has appointed Kent Huang as chief financial officer, effective 24 August, the company said earlier this week.

With over two decades of finance experience across the Asia Pacific region, he joins GoBear from Singapore-based peer-to-peer lending platform Funding Societies.

Based in Singapore, Huang will be a key member of GoBear’s executive management team, and will be responsible for GoBear’s financial, legal and regulatory activities and helping accelerate the business’ next phase of growth, the announcement said. He reports to GoBear CEO Adrian Chng.

Growing Platform

GoBear added $17 million from long-term investors Walvis Participaties and Aegon in June, bringing its total funding to $97 million. 

Chng said that the company is focusing on three growth pillars: an online financial supermarket, digital insurance brokerage, and digital lending, all built on a strong foundation of alternative data.

Founded in 2015, Gobear operates a platform for insurance, banking and lending products. It operates in seven markets in Southeast Asia and has registered more than 55 million site visitors.

Personnel Changes

GoBear has also seen a raft of changes since the departure of founders, chief technology officer Ivonne Bojoh and chief commercial officer Marnix Zwart, in November 2019.

Since then, GoBear has strengthened its senior management by adding Valeriy Gasratov as chief information technology officer and Jinnee Lim as chief strategy officer in March, as well as Mike Singh from AsiaKredit as chief lending officer in May.