utu
Asad Jumabhoy is a seasoned executive with extensive experience in leadership roles across various companies. As the Co-Founder and CEO of utu since April 2015, Jumabhoy has been instrumental in driving the company's growth. Additionally, Jumabhoy has served as CEO of The Scotts Group since 2009 and held the position of Vice Chairman at Fintrax Group Holdings from September 2013 to November 2015. Previously, Jumabhoy was the Executive Vice President at Global Blue from 1997 to July 2012 and has a history of serving as Director at Scotts Weitnauer and Scotts Holdings Limited from 1986 to 1996. Jumabhoy holds an MS in Management from MIT Sloan School of Management and an AB in Mathematics & Economics from Occidental College.
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utu
utu is a travel technology company with a mission to transform the global travel experience for tourists. By introducing them to a world of rewards with higher VAT and GST tax refunds, they can get the most value out of their trips. Far more than just digitizing the process, utu re-engineers the broken tax refund industry to finally put the customer first. By integrating tax refunds with the rest of the travel ecosystem, utu bridges the worlds of refunds and rewards, and unlocks new value in the form of points from retailers, airlines, hotels, restaurants, and many more. utu allows global shoppers to upsize the refunds from any refund operator across 50 countries taking part in the tax-free shopping scheme, including France, Italy, Germany, Singapore, South Korea and the UAE. Shoppers simply download the utu Tax Free app and fill in their details to receive a utu Tax Free Card. By directing their refund to their card, sums can be upsized by 5% in cash or 25% in Frequent Flyer Miles. Members from 9 major airlines and 1 hotel chain are already able to take advantage of utu upsize rewards. Over time, the reward ecosystem will expand considerably. Founded in 2016, utu is a technology company with a unique travel industry heritage, steeped in tax-free shopping knowledge. The company’s leadership was pivotal in growing and selling the two currently-leading refund operators to their present owners, when that business model was still relevant. utu is headquartered in Singapore and has offices in France, Italy, Thailand, and India. For more information, visit https://www.utu.global.