{"id":24610,"date":"2024-01-19T03:30:00","date_gmt":"2024-01-19T03:30:00","guid":{"rendered":"https:\/\/www.prnasia.com\/story\/archive\/4315988_AE15988_0"},"modified":"2024-01-19T03:30:00","modified_gmt":"2024-01-19T03:30:00","slug":"tonik-country-president-long-pineda-retires-replaced-by-group-ceo-greg-krasnov","status":"publish","type":"post","link":"https:\/\/transmediavictoria.net.au\/?p=24610","title":{"rendered":"Tonik Country President Long Pineda retires, replaced by Group CEO Greg Krasnov"},"content":{"rendered":"\n<p><span class=\"legendSpanClass\"><span class=\"xn-location\">MANILA, Philippines<\/span><\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Jan. 19, 2024<\/span><\/span> \/PRNewswire\/ &#8212; Tonik Digital Bank Inc. (TDB), the pioneering digital bank in <span class=\"xn-location\">the Philippines<\/span>, today announced a significant leadership transition. <span class=\"xn-person\">Long Pineda<\/span>, President of TDB, will be retiring from her executive role and will assume the position of non-executive Chairman of the Board of Directors of TDB.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p style=\"TEXT-ALIGN: center; WIDTH: 100%\"> <a href=\"https:\/\/mma.prnasia.com\/media2\/2322072\/Greg_400x400px.html\" target=\"_blank\" rel=\"nofollow noopener\"> <img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/2322072\/Greg_400x400px.jpg?p=medium600\" title=\"Greg Krasnov, Founder and CEO of Tonik, replaces Long Pineda as President of Tonik Digital Bank.\" alt=\"Greg Krasnov, Founder and CEO of Tonik, replaces Long Pineda as President of Tonik Digital Bank.\" \/> <\/a> <br \/><span>Greg Krasnov, Founder and CEO of Tonik, replaces Long Pineda as President of Tonik Digital Bank.<\/span><\/p>\n<\/p><\/div>\n<p>In her tenure as President, Ms. Pineda has been instrumental in securing Tonik&#8217;s position as the first digital bank in <span class=\"xn-location\">the Philippines<\/span>, marking a milestone in the nation&#8217;s banking history. Her contributions have been pivotal in growing the business and establishing Tonik as a leader in digital banking innovation.<\/p>\n<p><span class=\"xn-person\">Greg Krasnov<\/span>, Founder and CEO of Tonik Group, who previously held the position of Chairman at TDB, will be stepping into the role of President of the TDB subsidiary.<\/p>\n<p>&quot;Long&nbsp;Pineda, who came out of retirement to start Tonik with us, has been fundamental in navigating Tonik through the complex regulatory environment and securing the first digital bank license in <span class=\"xn-location\">the Philippines<\/span>. Her dedication and expertise have laid a strong foundation for Tonik&#8217;s growth. Having now stabilized TDB, Long can return to her well-deserved retirement,&quot; Krasnov said.<\/p>\n<p>He added, &quot;As we move forward, we remain committed to our mission of revolutionizing banking in <span class=\"xn-location\">the Philippines<\/span>. I am excited to build on this incredible legacy and lead TDB into its next chapter of innovation and customer-centric financial solutions.&quot;<\/p>\n<p>This transition reflects Tonik&#8217;s commitment to continuity and strategic growth. Ms. Pineda&#8217;s move to the non-executive Chairman role will ensure that her vast experience and insights continue to guide Tonik in its journey to redefine banking in <span class=\"xn-location\">the Philippines<\/span>.<\/p>\n<p><b>About Tonik<\/b><\/p>\n<p><a href=\"https:\/\/tonikbank.com\/\" target=\"_blank\" rel=\"nofollow noopener\">Tonik<\/a>&nbsp;is the first digital-only neobank in <span class=\"xn-location\">the Philippines<\/span>, providing loan, deposit, and payment products to consumers on a highly secure digital banking platform.&nbsp; The neobank operates based on&nbsp;the first digital bank license issued by the Bangko Sentral ng Pilipinas (BSP).&nbsp;<\/p>\n<p>Tonik is led by a team of retail finance veterans who have previously built and scaled multiple retail banks and fintechs across global emerging markets.&nbsp; It is backed by top international investors, including Sequoia India, Point72 Ventures, and <span class=\"xn-person\">Mizuho Bank<\/span>.&nbsp; Tonik&#8217;s tech stack is integrated in partnership with world-class banktech vendors including Mastercard, Finastra, Amazon Web Services, Google, Genesys, and Daon.&nbsp;Tonik operates out of hubs in <span class=\"xn-location\">Singapore<\/span> (HQ), <span class=\"xn-location\">Manila<\/span>, and <span class=\"xn-location\">Chennai<\/span>.<\/p>\n<p>Media contact:<\/p>\n<p>Tonik PR Team<br \/><a href=\"mailto:pr@tonikbank.com\" target=\"_blank\" rel=\"nofollow noopener\">pr@tonikbank.com<\/a>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MANILA, Philippines, Jan. 19, 2024 \/PRNewswire\/ &#8212; Tonik Digital Bank Inc. (TDB), the pioneering digital bank in the Philippines, today announced a significant leadership transition. Long Pineda, President of TDB, will be retiring from her executive role and will assume the position of non-executive Chairman of the Board of Directors of TDB. Greg Krasnov, Founder [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-24610","post","type-post","status-publish","format-standard","hentry","category-business-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Tonik Country President Long Pineda retires, replaced by Group CEO Greg Krasnov - My Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/transmediavictoria.net.au\/?p=24610\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tonik Country President Long Pineda retires, replaced by Group CEO Greg Krasnov - My Blog\" \/>\n<meta property=\"og:description\" content=\"MANILA, Philippines, Jan. 19, 2024 \/PRNewswire\/ &#8212; Tonik Digital Bank Inc. (TDB), the pioneering digital bank in the Philippines, today announced a significant leadership transition. Long Pineda, President of TDB, will be retiring from her executive role and will assume the position of non-executive Chairman of the Board of Directors of TDB. 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