Raj Lorenz joined GHL Systems Berhad as the Group Chief Executive Officer in September 2011. Since then, GHL has transformed itself from a hardware and software reseller into a payment services company. GHL’s market capitalization increased by more than fivefold during this time through organic growth as well as the acquisition of ePay Asia Ltd, a payment services company that primarily serves the Telco and biller segments. GHL is now implementing its long term growth strategy of providing credit card payment services to the hitherto untapped small merchant segment. This business, called Third Party Acquisition (“TPA”), entails GHL contracting directly with merchants for credit card payment services in partnership with an underlying Bank member of VISA and Mastercard. Prior to GHL, Raj worked for Citibank for 14 years in Malaysia and Australia in various positions in in the Investment and Corporate Bank, covering Treasury Risk, CFO, and Corporate Bank Marketing Head. He left Citibank in 2000 to create an internet payment startup which eventually was purchased by NETS Pte Ltd, a large payments company in Singapore.

Raj built “eNETS” the internet payment arm of NETS into a leading online payment gateway in Singapore. He also spearheaded NETS investment into China with a joint venture partner and interconnected China UnionPay (“CUP”) with NETS such that CUP cards could be used for the very first time outside of China, in Singapore. Raj is a fellow of the Institute of Chartered Accountants in England and Wales having qualified in London in 1983.