Razer’s former chief investment officer Edwin Chan will be the new CFO at Southeast Asian classifieds marketplace Carousell, while Australian public infrastructure investor and developer Plenary Group has picked Julie-Anne Mizzi to helm its new funds management business.
Former Razer CIO to take over as CFO at Carousell
Gaming company Razer’s former chief investment officer Edwin Chan has joined Carousell as its chief financial officer (CFO).
Chan will report to Carousell co-founder and group CEO Siu Rui Quek and oversee the classifieds marketplace’s capital strategy, which includes fundraising, mergers & acquisitions, and corporate development. He will also be responsible for other corporate functions like financial reporting and investor relations needs, Carousell said in a press statement on Tuesday.
“His passion for our mission, depth of company building experience leading Razer from Series A to IPO, and exemplary leadership will be invaluable as we chart our next chapter in our mission to inspire the world to start selling,” said Siu Rui Quek.
Chan served as Razer’s CFO between 2013 to 2019 before he was appointed chief investment officer in early 2020, according to a report in The Edge. “Carousell is on the cusp of spearheading a powerful new era in online commerce,” said Chan.
In April this year, Carousell launched Carousell Auto Group to deepen its dominance in the auto marketplace in Southeast Asia. In September last year, a consortium led by Naver Corp. had invested $80 million in Carousell, in a deal valuing the online classified-ad player at over $900 million — within striking distance of the unicorn club.
Plenary appoints funds management head
Australian public infrastructure investor and developer Plenary Group has picked AMP Capital’s global head of social care Julie-Anne Mizzi to helm its new funds management business in Australia and New Zealand.
Mizzi will lead the firm in establishing and growing its boutique funds management business, Plenary’s chief executive David Lamming said in a statement.
“It is a logical step in the growth and maturity of Plenary as Australia’s leading infrastructure investor, developer and manager, as we’ll look to become a full-service diversified infrastructure business,” Lamming said.
At AMP Capital, Mizzi spearheaded its Community Infrastructure Fund, seeing the fund grow from an initial portfolio of four assets to its current 18 assets with an enterprise value of more than $8 billion, the statement said.
Mizzi will start her new role at Plenary in September.