Retail veteran Richard Ruddy takes on new challenge at Nuguru

Richard Ruddy has joined Nuguru as Co-founder and President.

Led by individuals that built Singaporean online grocer, RedMart, Nuguru incubates and invests in next-generation wellness brands.

Ruddy was previously at Lazada, where he held the position of EVP, Chief Retail Operating Officer.

His CV also includes stints at RedMart and Ocado.

In a LinkedIn post, he said: “I’ve long believed that what we consume has a significant influence on our overall health and wellness.”

“In my career within food, I’ve always worked to educate and positively support consumer choices and have also had the privilege to grow some game changing global and local consumer brands.”

“So, it feels like the stars have aligned to now work alongside such a ridiculously talented team to build, support and develop the next generation health and wellness brands that will empower consumers to live their best lives.”

Aini Koay

Aini Koay, meanwhile, has taken on the role of Head of Finance at Nuguru.

"I've often seen many young businesses underestimate the importance of building a strong finance function early in their journey,” Koay commented.

“I am delighted to join Nuguru to support our partner brands – offering them a solid start by building a robust finance foundation early, and preparing them for disciplined growth.”

“Personally, the health and wellness space is close to my heart. Having fought and beaten cancer, nothing is more important to me than helping others build the awareness that you are what you eat.”

“Being able to leverage my professional skills helping founders to achieve what I care about personally is a real dream come true…and working with this talented team again is a huge bonus.”

Koay has held finance related roles at the likes of Castlery, Lazada and RedMart.