New BullionStar CEO Luke Chua, who is taking over Torgny Persson, set to grow the company further
- 27 Feb 2021
Effective 1 March 2021, BullionStar will have a new CEO. Luke Chua, currently COO, is taking over from founder Torgny Persson.
Statement from Torgny Persson
I'm excited to announce that I will transition to be the chair of the board of directors and Luke Chua will take over as the CEO. With BullionStar having several exciting inventions in the pipeline, the company will continue to excel. With Luke leading the operations in his position as COO over the last 5 years, Luke has contributed to the company's growth in an outstanding fashion and has my full confidence.
BullionStar couldn't be better positioned for the future. We are growing in every measurable way. Since COVID hit about a year ago, our sales revenue and customer base has increased significantly. For our current financial year ending 30 June 2021, we are on track to significantly increase our revenue to the by far highest figure in the company's history.
With a philosophy of introducing modern technology into the age-old industry of precious metals, BullionStar has been particularly successful in making the customer experience straightforward and user-friendly. The grassroots support for the company is very strong which is reflected by the more than 2,000 positive customer reviews of the company, with an average rating of 4.8, on Google Reviews.
Statement from Luke Chua
Our vision from the onset, is to disrupt the industry and to make precious metals incredibly accessible, convenient, and available at great prices to everyone all over the world. In a world where technology has enabled us to marry the ease and accessibility of purchasing precious metals online with the physical requirements of handling and storing bullion, this vision is becoming more and more of a reality each passing day, especially since the supercharged adoption of online purchasing acceptability as an after effect of the COVID pandemic.
With the record high demand for precious metals, our company has roughly doubled our team size over the last year and is set to increase further as the company continues to grow quickly and aggressively. At the same time, I will continue to strive to bring out the best within each individual in our team and ensure that BullionStar continues to be one of the best companies to work for.
As we grow, our focus will be to uphold our commitment in offering a first-class customer experience for our clients, take on new opportunities by innovating and disrupting the status quo further, and continue to scale our operations to be able to cater to the exponential demand we foresee coming and to some extent has begun already.
New CFO at BullionStar
BullionStar is furthermore excited to welcome Kevin Mottura as its new Chief Financial Officer. Kevin is taking over from the previous CFO Malin Persson.
Kevin has extensive industry knowledge and experience having previously served as Group Finance Controller for South East Asia at MKS PAMP GROUP, where PAMP operates one of the largest and most prestigious precious metals refinery in the world located in Switzerland.
Prior to that, Kevin had worked in Europe with a statutory auditor, a financial due diligence and valuation company before moving to Asia where he worked for 9 years in managerial finance and business controlling positions across Asia. Given his experience working in international teams, both in listed and non-listed companies across diverse sectors, we are confident of the leadership and value that he brings as we embark on our next phase of international growth as a company.
Kevin holds a master’s degree in management from Grenoble School of Management.