MDI Ventures, the venture capital arm of Indonesian state-owned telco firm Telkom Indonesia, has appointed former AC Ventures partner Donald Wihardja as its new CEO.
According to an official statement from MDI, Wihardja will focus on “strengthening the relationship with its main backer, Telkom Indonesia, and empowering the existing leadership team vision of the firm, to be the top Multi Stage VC fund in SEA.”