Grab President Brian Cu announces resignation

Grab Philippines president Brian Cu has decided to step down from his post to focus on other matters as well as to spend time with his family.

"Nais ko pong ibahagi sa inyo na ako po ay nagpasyang mag-resign sa Grab Philippines bilang President to focus on my other entrepreneurial interest while I make more time sa aking pamilya," Cu said in a Facebook post.

"Lumalaki na rin po ang aking mga anak, and I want to spend more time with them as well," he added.

Cu said that though the decision was not easy, he remained confident that he was leaving Grab in good hands.

"Kayo po ay makakaasa na ipagpapatuloy nila Ronald, Wayne, at iba pang mga leaders natin, ang mabuti nating mga programa at layunin," he said.

He also extended his thanks to Grab's partners.

"Sa lahat ng ating driver-partners, merchants at business partners, maraming salamat sa patuloy niyong pagtitiwala sa Grab," he added. -Joahna Lei Casilao/MDM, GMA News