KUALA LUMPUR, 21 NOVEMBER 2022: Malaysia Debt Ventures Berhad (MDV), a subsidiary of the Minister of Finance (Incorporated) [MOF (Inc)] and an agency under the purview of the Ministry of Science, Technology and Innovation (MOSTI), has appointed Marazizi Omar as its new Chief Business Officer (CBO) effective 21 November 2022.
Marazizi brings with him more than twenty (20) years of substantial experience in business and finance, having held multiple senior leadership positions in various corporations as well as having successfully founded his own technology-based businesses.
Prior to the appointment by MDV, Marazizi had served as the Chief Operating Officer and later, as the Chief Business Officer, at Export Import Bank Malaysia (EXIM) for three (3) years. He was also the Chief Executive Officer of Pembangunan Leasing Corporation, a wholly-owned subsidiary of Bank Pembangunan Malaysia Berhad (BPMB) and had worked with CIMB, Southern Bank and Bank Bumiputra Malaysia Berhad in various capacities.
Marazizi holds a master’s degree in business administration from University of South Australia, Australia and a bachelor’s degree in business management from Midwestern State University, Texas. He is a member of the Institute of Corporate Directors Malaysia (ICDM).
MDV’s Chairman, Khairul Azwan Harun said that given Marazizi’s in-depth experience and extensive exposure in various business sectors, including commercials, industrials, projects, infrastructure developments and international trade, the Board and the Management of MDV are confident that Marazizi will be an asset to MDV in its efforts to achieve rapid growth targets over the next 3-5 years, pursuant to MDV’s long-term plans, and in advancing the technology sector for the benefit of the Nation.
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About MDV – The Nation’s Technology Financier
Malaysia Debt Ventures Berhad (MDV) is a wholly-owned subsidiary of the Minister of Finance (Incorporated) [MOF (Inc)] and an agency under the purview of the Ministry of Science, Technology and Innovation (MOSTI) that was established in 2002 with the objective of providing flexible and innovative financing to develop high-impact and technology-driven sectors of the economy, identified and prioritised by the Government as future engines of growth. MDV’s strategic role in the technology financing ecosystem in Malaysia is defined by its approach to funding which is different from other financial institutions. MDV’s niche is helping to fund young technology-based companies or start-ups that are unable to secure financing from commercial financial institutions due to their novel business model, lack of proven operating track record and lack of collaterals. With the rapid rate of technological and digital advance, and Malaysia’s continued push towards becoming an advanced nation, MDV will continue to have a significant role to play particularly in financing emerging technology areas and in achieving its vision of becoming the Nation’s Technology Financier.
For more information on MDV, visit http://www.mdv.com.my/
For media enquiries, please contact:
| Siti Ezrina Alias
Head, PR & Communications Malaysia Debt Ventures Berhad +6011 3306 5216
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