Publicly listed digital entertainment conglomerate DigiPlus Interactive has officially finalized the executive appointment of Ping Chen as its new President and member of the Board of Directors.
The high-level leadership transition arrives as the operator accelerates the product scaling of its digital iGaming ecosystem across the Philippine market.
Expanding the Philippine Digital Ecosystem
Chen brings over 22 years of elite financial leadership and corporate structuring experience to the organization. He joins DigiPlus following a successful two-and-a-half-year tenure as Chief Financial Officer for the Digital China Group, a prominent technology services conglomerate.
Prior to his deployment there, Chen spent nearly a decade serving as Managing Director at global investment bank Moelis & Company, where he specialized in leading the execution of public takeovers, leveraged buyouts, capital market issuances, and complex restructuring transactions across the industrial and healthcare sectors. At DigiPlus Interactive, his primary corporate mandate centers on driving the diversification of the firm’s localized consumer gaming software platforms.
The executive changes follow recent structural updates at the firm, which saw the appointment of Tommy Hu as Chief Executive Officer and Li Jiaqi as Chief Digital Officer last summer. Chen succeeds outgoing president Andy Tsui, who has officially stepped down from the board of directors following a four-year tenure guiding the operator’s initial digital buildout.
The leadership update arrives as the Philippine Amusement and Gaming Corporation (PAGCOR) reveals that first-quarter market GGR contracted by 16%, primarily driven by a temporary volume correction within the domestic electronic iGaming sector.
Executing Long-Term Financial Optimization
Upon assuming his executive position, Ping Chen outlined his core corporate objectives, focusing directly on driving sustainable value loops for institutional investors:
“My mandate is to help design our long-term strategy and execute, also to improve our financial performance and operational efficiency, to deliver higher values to investors and achieve sustainable growth. We will expand our digital entertainment ecosystem and further elevate the user experience across our platforms.”
