The value-focused operator has added former EY senior executive Preman Menon to its leadership team ahead of further planned expansion at home and abroad
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ZUS Coffee’s Cyberview outlet in Selangor | Photo credit: ZUS Coffee
Fast-growing Malaysian coffee chain ZUS Coffee has appointed a new Group Chief Financial Officer is it prepares for further outlet growth in Malaysia and the Philippines.
Preman Menon joins the value-focused operator after 14 years at professional services giant EY, where he most recently served as Managing Partner for Strategy and Transactions in Malaysia. His financial experience also includes senior roles at Grant & Thornton and Tenon Corporate Finance.
“ZUS is not just a fast-growing Malaysian business; it is a brand with a vision for expansion that is truly impressive and resonates with me. The prospect of being part of this expansion, both within Malaysia and into a number of overseas markets, is an opportunity I am excited about,” Menon wrote on LinkedIn.
Founded in 2019, ZUS Coffee is one of Malaysia’s largest coffee chains with over 700 stores, alongside 100 outlets in the Philippines and three stores in Singapore and Brunei respectively. The tech-enabled coffee chain is seeking to reach 850 and 250 outlets in Malaysia and the Philippines respectively by the end of 2025.
In September 2024, ZUS Coffee raised RM 250m ($57.5m) to support domestic and international expansion and revealed it was in ‘active discussions’ with potential partners to launch in further international markets this year.