CEO and Director of Finance Appointment

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Stock Jayride Group Ltd (JAY.ASX)
Release Time 19 Sep 2025, 1:05 p.m.
Price Sensitive Yes
 Jayride Appoints New CEO and Finance Director
Key Points
  • Appointment of Mr. Randy Prado as Chief Executive Officer
  • Appointment of Mr. Ram Navaratnam as Director of Finance
  • Continuity of leadership and financial oversight as Jayride advances its SaaS mobility strategy
Full Summary

Jayride Group Limited (ASX: JAY) has announced the formal appointment of Mr. Randy Prado as Chief Executive Officer (CEO) and Mr. Ram Navaratnam as Director of Finance, effective September 1, 2025. Mr. Prado has served as Interim CEO since March 2025, overseeing the restructuring of Jayride and leading its diversification toward a Software-as-a-Service (SaaS) mobility platform. The Board has now resolved to confirm his appointment as CEO. Mr. Prado is an experienced Fintech and Mobility Technology Executive, with over 20 years' leadership across payments, mobile wallets, and digital platforms. Mr. Navaratnam has similarly acted in a contractor capacity as Finance Director since March 2025, supporting the Company's financial restructuring and strengthening its governance and reporting frameworks. The Board has now resolved to confirm his appointment as Director of Finance. Mr. Navaratnam is a finance executive with over 32 years of experience in audit & accounting, corporate finance, banking, and capital markets. These appointments provide continuity of leadership and financial oversight as Jayride advances its SaaS mobility strategy, with pilot programs already underway in Thailand and expansion opportunities being explored in Malaysia and Australia.