Quest Ventures has appointed April Ong Vaño as the head of its ESG functions; TPG Global has named Ganen Sarvananthan as managing partner and head of Asia and the Middle East; while Aicadium’s vice president of business development, Liu Feng Yuan, has stepped down from his role.
April Ong Vaño to lead ESG at Quest Ventures
Singapore-based venture capital firm Quest Ventures has appointed April Ong Vaño as the head of its environmental, social & governance (ESG) functions.
Ong Vaño has been with the company for five years, and will be based in the Philippines in her new role, leading sustainability efforts in key markets.
Quest Ventures is an Asia-focused venture capital firm, operating in more than 150 cities across the continent. Its portfolio includes companies such as as 99.co, Carousell, Carro, Glife, Hepmil, Oddle, Shopback, VulcanPost, Xfers, and Yummy Corporation.
TPG appoints Ganen Sarvananthan as head of Asia, Middle East
US-based private equity major TPG Global has appointed Ganen Sarvananthan as managing partner and head of its Asia and Middle-East unit, reported The Edge Malaysia.
Sarvananthan will continue to be the co-managing partner of TPG’s late-stage private equity arm, TPG Capital Asia. In his new role, he will focus on TPG’s expansion in Asia and the Middle East, added the report.
Before joining TPG in 2014, Sarvananthan was the executive director and head of investments of Malaysia’s sovereign wealth fund Khazanah Nasional Berhad.
Aicadium’s VP of business development steps down
Temasek-founded AI solutions firm Aicadium’s vice president of business development, Liu Feng Yuan, has stepped down from his role, reported TechInAsia.
Liu will be joining Resaro.ai as partner and vice president of product, added the report. Liu had founded non-profit AI research firm BasisAI in 2018 with Silvanus Lee. In 2021, the startup was acquired by Aicadium.
Aicadium was launched in August 2021 as Temasek’s global centre of excellence in artificial intelligence. It aims to partner with Temasek portfolio companies and other enterprises seeking to develop and scale end-to-end AI solutions to improve business outcomes.