People Digest: Malaysia PM named Khazanah chairman; Japan’s GPIF hires CIO

The Khazanah Nasional Berhad logo is displayed on a laptop. Photo: Ipsita Ray/DEALSTREETASIA

Malaysia’s state-owned fund Khazanah Nasional has announced a series of board changes that will see the country’s prime minister Muhyiddin Mohd Yassin been appointed as its new chairman. Meanwhile, the Government Pension Investment Fund (Tokyo) has appointed Goldman Sach’s ex securities head Eiji Ueda as its chief investment officer and managing director.

Malaysian PM named new Khazanah chairman

Malaysia’s Prime Minister Muhyiddin Mohd Yassin has replaced former prime minister Mahathir Mohamad as the state-owned fund Khazanah Nasional’s new chairman.

The country’s finance Minister Zafrul Tengku Abdul Aziz and Khazanah’s ex-director Mohammed Azlan Hashim have also been appointed as members of the sovereign fund board, according to a statement on Wednesday.

In a separate statement, the fund announced that Mahathir Mohamad, who was appointed as its chairman in July last year, has stepped down as chairman and member of the board, effective March 25.

Former Goldman head Eiji Ueda joins Japan’s GPIF

Eiji Ueda, the co-head of Goldman Sach’s securities division in Asia, has joined Japan’s 169 trillion yen ($1.5 trillion) pension fund as executive managing director and chief investment officer.

Ueda, who left Goldman Sachs end of last year, has started its new role in GPIF Tokyo since April 1, according to the pension fund website.

He replaced Hiromichi Mizuno, who left the Japanese state fund after a five-year run as its chief investment officer.

 

 

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.