Singapore’s East Ventures has announced the appointment of Melisa Irene as its first female partner. In another development, OYO Hotels has appointed Tan Ming Luk as the country head for its Malaysia operations.
East Ventures names first female partner
Singapore-based early-stage venture capital firm East Ventures has announced the appointment of Melisa Irene as its first female partner.
Irene, who hails from Indonesia, joined the firm as an associate in 2015, and successfully closed multiple deals for the company, East Ventures said in a statement. Within three years of joining the company, she was elevated to the role of a principal.
Willson Cuaca, managing partner of East Ventures, said, “Irene joined EV right after school without investment experience nor digital industry knowledge. We welcome Melisa Irene as our youngest partner (probably youngest in the region) and looking forward to her impact in our ecosystems.”
Irene graduated from Binus International University in 2015 with a bachelor of accounting degree.
OYO Hotels appoints Malaysia head
India’s budget hotels network OYO Hotels has appointed Tan Ming Luk as the country head for its operations in Malaysia, according to a Tuesday announcement.
Tan has 13 years of experience in strategy development and operational improvement, as well as digital payment and marketing, which adds value to OYO’s business model, the company said in a statement. OYO Hotels is focused on expanding and strengthening its presence in the Southeast Asian market, with Malaysia being a key market for its expansion in the region, it added.
“Building on our phenomenal growth in 2018, OYO is now setting the bar higher in Malaysia as we forecast exponential growth moving into 2019. Currently, we operate more than 150 properties across all major cities in Malaysia, including Kuala Lumpur, Penang, Langkawi, Johor and Melaka, which provide both international and local travellers stay options at convenient locations,” said Tan.
Previously, Tan has completed stints with Southeast Asia’s e-commerce platform Shopee and Axiata Digital Services. In addition, he has management consulting experience with McKinsey and Accenture.