Malaysia-headquartered c-to-b-to-c automotive marketplace Carsome has chosen Juliet Zhu as group president, a role she will combine with her existing duties as group chief financial officer (CFO).

Juliet Zhu

Juliet Zhu

As well as being responsible for driving corporate development initiatives, Zhu (LinkedIn profile) will also be in charge of strategic partnerships, investment opportunities, new market strategies, and managing the automotive marketplace’s capital structure, creating synergy across Carsome’s businesses.

Zhu joined the company in 2019 from the Chinese venture capital firm Fosun RZ Capital, where she served as a director, a role she previously held at Singapore-based Jubilee Capital Management. She also worked as an associate at Cento Ventures.

“I am very inspired by Juliet’s tenacity and drive in instilling best practices and elevating Carsome as the most trusted and preferred pre-owned car brand in the market,” said Carsome co-founder and group CEO Eric Cheng.

As CFO, Zhu has supported the growth strategy for the automotive verticals, overseeing the company’s finances and leading Carsome’s Series D, D2, and E fundraising rounds, on top of the acquisition of Australia-listed ICar Asia that made Carsome the main shareholder in the marketplace.

“I am honoured to be given the opportunity to serve Carsome Group with a broader scope and more responsibilities. We are very excited to take the company to its next stage of growth,” said Zhu.

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