People Digest: Beenext, Schroders, Aimazing make new appointments

Faiz Rahman

Singapore’s Beenext has promoted Faiz Rahman as partner for Indonesia investments; Global investment manager Schroders has added Tim Hallam as a portfolio manager, and Aimazing has appointed Chong Chuan Neo and Ng Eng Ho to its board of directors.

Beenext promotes Faiz Rahman, Hero Choudhary

Singapore-based venture capital firm Beenext has appointed Faiz Rahman as a partner for Indonesia investments, and also promoted Hero Choudhary from partner to managing partner.

Rahman, a graduate of the University of Indonesia, will head the VC firm’s tech investments in the country, largely focusing on pre-seed to Series A funding stages.

Faiz began his journey in tech in 2013 with a mobile app company in Jakarta. Then, he founded a job-matching platform to serve Indonesian students and fresh graduates. He has worked at the soft skills training firm Lepaya (edtech, growth & strategy) and the ride-hailing firm Gojek (product strategy). Prior to Beenext, Faiz worked at Convergence Ventures, a VC firm investing in Southeast Asia.

Choudhary, in his latest role, will support founders of portfolio companies to scale their business toward the growth stage, or potential IPOs.

He was in the hedge fund industry on Wall Street for over 14 years leading investments in consumer internet and fintech growth companies in public markets. He is an alumnus of IIT Bombay (India) and MS from Washington University in St. Louis (USA).

Beenext has invested in more than 80 startups in India and 51 across Southeast Asia including prominent names like Amartha, Zenius, Mekari, Sentient, and Japan’s SmartHR, the country’s largest HR SaaS company. Globally, it has invested in more than 200 startups. 

Schroders names Tim Hallam as portfolio manager

Global investment manager Schroders has added Tim Hallam as a portfolio manager as the firm expanded its Australian private debt team, according to an announcement.

In the new role, Hallam will be part of the team responsible for growing and managing Schroders’ private debt capability in Australia. Tim joined from Northern Australian Infrastructure Facility (NAIF), where he was responsible for the origination and execution of loans benefiting Northern Australia.

He now reports to Nicole Kidd, head of private debt, Australia, who joined Schroders in September 2020 to develop Schroders’ private debt capabilities in Australia.

In addition, Schroders has also announced a series of senior leadership appointments globally to support the continuing growth of its diverse range of capabilities within private assets.

Accordingly, Sophie van Oosterom joined as global head of real estate in January 2021. Chantale Pelletier, meanwhile, was appointed as the global head of infrastructure in private assets. Natalie Howard will join Schroders as the head of real estate debt. 

Aimazing adds two members to board of directors

Singapore-based tech startup Aimazing has appointed Chong Chuan Neo and Ng Eng Ho to its board of directors.

These appointments come at a time when more merchants recovering from the COVID-19 pandemic are exploring digitization strategies and turning to marketing solutions such as Aimazing’s cashback programme for SMEs in the retail and F&B industries, the company said in an announcement.

Chong was previously a chairman and country MD of Accenture China. In addition to mentoring Aimazing, Chong has also been appointed as a board member of various notable organisations, including Singapore Pools. She also coaches, mentors, and invests in startups and emerging companies, including actively investing in companies with a ‘greater cause’ in the education and technology sectors.

Ng, meanwhile, is currently the chairman of ZWEEC Analytics Pte Ltd. in Singapore and an independent Board Director of TNG Fintech Group in Hong Kong. He has previously served in top management positions, including ST Technologies Telemedia Pte Ltd and Keppel Telecommunications & Transportation Ltd.

“Their joint expertise and leadership experience in leading global companies will be invaluable to Aimazing as we scale our capabilities to support local and overseas SMEs and in our long-term growth,” said Jun Ting, Founder & CEO of Aimazing.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.