KUALA LUMPUR: Malaysia Venture Capital Management Bhd (MAVCAP) has appointed Noor Amy Ismail as its new chief operating officer (COO) and Paramjit Singh Gill as chief investment officer (CIO), effective from August 1, 2022.
MAVCAP chairman Tunku Alizakri Alias said that as the largest venture capital (VC) firm in Malaysia, it is the firm's mandate by the government to advance the tech industry.
"We are fortunate to have individuals of Noor's and Paramjit's calibre and expertise to spearhead MAVCAP's impact investment.
"This will be based on sustainability measurement and digital transformation under the leadership of our chief executive officer Shahril Anas Hassan Aziz," said Tunku Alizakri in a statement.
Noor brings close to 24 years of corporate and small and medium enterprises (SMEs) experience across diverse industries in Malaysia and internationally.
She has held leadership roles with firms such as Deloitte Touche, Media Prima Bhd, the Prime Minister's Office of Malaysia, MediaCorp of Temasek Holdings (Singapore), InvestKL and FGV Holdings Bhd, amongst others, and co-founded a logistic and self-storage SME since 2006.
Newly appointed CIO Paramjit Singh Gill has extensive experience spanning over 13 years in regional corporate investment banking, structured finance and private equity.
He began his career at Maybank Investment Bank Bhd and subsequently joined OCBC Bank Bhd as director and country head of Malaysia for the Mezzanine Capital Unit, with assets under management of over RM3 billion.
He led various regional corporate transactions across the bank's core markets covering various sectors and industries during his tenure.