Malaysian wealth fund Khazanah announces senior management changes in China, North Asia

Khazanah Nasional

Malaysia’s sovereign wealth fund Khazanah Nasional Bhd has announced changes to its senior management team in China and North Asia, which also includes Korea and Japan.

The sovereign wealth fund said Bryan Lim, director for investments and head of Khazana’s regional office in Beijing, will head its China operations, taking over from Ben Chan, currently the executive director and co-head of investments (transactions).

Chan, who has been with Khazanah since June 2005, will be leaving the fund at the end of April 2018 to join Ontario Teachers’ Pension Plan as its regional managing director for Asia-Pacific.

“Lim will take over Chan’s responsibilities in leading Khazanah’s overall presence in China. He will also be responsible for Korea and Japan, which together with China, constitute Khazanah’s North Asia coverage,” the fund said in a statement on Thursday.

Chan served in various capacities for nearly 13 years at Khazanah. He led the effort to establish Khazanah’s presence in China, which saw the opening of the Beijing office in 2008, the first of Khazanah’s five regional offices, and he has been instrumental in its growth and progress since then, the fund said.

Khazanah managing director Azman Mokhtar said Chan’s track record of service and achievements had been immense as a key member, and one of the longest-serving ones, of Khazanah’s senior leadership team.

“We are truly appreciative of his contribution to the institution and the nation in his nearly 13 years with Khazanah,” he said.

Khazanah Nasional is the strategic investment fund of the Government of Malaysia, entrusted to hold and manage the commercial assets of the government and to undertake strategic investments on behalf of the nation.

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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.