People Digest: Australia’s Future Fund, Vietnam’s MoMo make key hires; NTT global CEO retires

Photo: Internet Archive/ Illustration

Australia’s sovereign wealth fund Future Fund has appointed a new CIO; Warburg Pincus-backed e-wallet MoMo has announced a new chairman; and global chief executive officer of NTT has retired.

Australian sovereign wealth fund Future Fund appoints new CIO

Australia’s sovereign wealth fund Future Fund has appointed Sue Brake as its new chief investment officer.

Brake has served as the fund’s acting CIO since July 1, 2020 following the elevation of former CIO Raphael Arndt as the organisation’s chief executive officer.

As CIO, Brake will have overall responsibility for developing and implementing the investment strategy of the Future Fund and five other public asset funds that are cumulatively valued at $210 billion. She will also be a member of the organisation’s management committee.

Future Fund recently made several senior appointments including Genevieve Murray as head of listed equities, Doug Cain as head of unlisted property, and Kelvin Mak as director in the private equity team.

E-wallet MoMo announces new chairman

Warburg Pincus-backed e-wallet MoMo announced that Anthony Thomas, former director, retail banking sales & distribution (Asia Pacific) of Citibank and former CEO of Philippines’ largest e-Wallet, GCash, has joined as its new chairman.

The appointment is part of MoMo’s plan to become a Vietnamese super app, it said.

Thomas is an Indian expert in fintech with in-depth knowledge of the banking and finance industry with over 22 years of experience in the banking and payment sectors. In his 17 years of experience, Thomas has held many important leadership positions at Citibank’s Global Consumer Group in countries including India, the Americas, South Korea and the Philippines.

In 2015, Thomas joined GCash’s leadership team to help the e-wallet achieve strong development in the Philippines.

NTT’s global CEO retires 

NTT Ltd., a global technology services provider, has announced that its global CEO, Jason Goodall, will retire at the end of June 2021.

Following his retirement, Jason will remain as a board director for NTT Ltd. and Dimension Data, as well as act as a strategic advisor for NTT Venture Capital business. “Jason has brought a unique energy and passion for both the industry and organisation over the last 23 years of service. He is a people-first leader and has built the organisation based on purpose, performance, and culture,” NTT said.

Jason will remain as global CEO until April 1, 2021 and will then work closely with his successor for three months to ensure a seamless handover. NTT will be announcing Jason’s successor in the coming weeks.

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.