Lum Joy Deng was appointed Chief Corporate Development Officer of Touch ‘n Go on 1 April 2020 and is responsible for planning and redefining Touch ‘n Go’s new business model with a heavier focus on technology and transportation ecosystem enablement. This aims to drive new business opportunities with key strategic partners in view of the evolving operating landscape with a focus on optimizing long term profitability, leading all fundraising and M&A exercises while overseeing key investments for Touch ‘n Go Group.
Joy has spent the last 16 years in CIMB Group, and prior to her existing role, she was formerly Head, Investments at the Group Ventures and Partnerships division of CIMB Group. In this role, she was leading all CIMB Group’s efforts in originating, executing and managing a portfolio of assets comprising of proprietary equity investments, private equity fund management businesses, venturing through selective strategic investments and joint-ventures with a focus on platform-based businesses and financial technology.
Prior to that, she has accumulated extensive transactional experience after having spent 10 years in Investment Banking and Corporate Finance within CIMB Group. She was responsible in advising capital market related transactions in the areas of cross-border M&As, IPOs, financial valuation, fund raising and corporate restructuring for clients across Asia Pacific.
She continues to serve as an active member of the Investment Committee at various private equity funds managed by CIMB Group. She graduated with Honours in Accounting and Finance from University of Nottingham, England and has completed executive leadership and advanced management programs at INSEAD.