Grab co-founder Tan Hooi Ling to step down from operational roles

FILE PHOTO: Grab's co-founder Tan Hooi Ling speaks during Grab's fifth anniversary news conference in Singapore June 6, 2017. REUTERS/Edgar Su

(Reuters) - Singapore-based Grab Holdings Ltd said on Thursday that its co-founder Tan Hooi Ling will step down from her operating roles at the ride-hailing company by the end of this year.

Hooi Ling, who co-founded Grab with CEO Anthony Tan in 2012, will transition into an advisory role, the company said.