VCI Global names Dr. Chan Wai Mun as chief AI & data officer

KUALA LUMPUR - VCI Global Limited (NASDAQ:VCIG) announced Wednesday the appointment of Dr. Chan Wai Mun as Chief AI & Data Officer to strengthen its artificial intelligence and data solutions capabilities.

Dr. Chan brings experience from previous data science roles at Intel and GfK, part of consumer intelligence company NielsenIQ. He holds a PhD in Engineering and has over seven years of experience across manufacturing, operations, and retail sectors.

His expertise includes building enterprise-grade AI systems on Microsoft Azure, with specialization in business analytics, machine learning, and large language models.

The appointment comes as VCI Global advances initiatives including SecureGPU, an encrypted AI compute infrastructure, and CyberSecure, a quantum-resistant cloud security solution for enterprise clients.

"As we continue scaling our AI infrastructure across the region, his academic depth and practical experience in AI deployment will be instrumental in turning data into value for our clients," said Dato’ Victor Hoo, Group Executive Chairman and CEO of VCI Global, according to the company’s press release.

VCI Global describes itself as a platform builder integrating technology with financial architecture, operating across fintech, AI, robotics, and cybersecurity sectors, with focus on Southeast Asian markets.

The company aims to enhance its AI-as-a-Service platforms and build recurring revenue streams through Dr. Chan’s leadership in AI model development, data infrastructure, and analytics integration.

In other recent news, VCI Global Limited has made significant moves in the market, beginning with its acquisition of V Capital Fund Management Limited. This acquisition will allow VCI Global to access a regulated asset management framework in Labuan, Malaysia, with the deal expected to close in the third quarter of 2025. Additionally, VCI Global has expanded its footprint in the encryption sector by acquiring Secure Encryption Storage Limited, a company with 129 patents, through its portfolio company QuantGold Data Group Limited. This acquisition grants VCI Global exclusive distribution rights for SES’s products in certain Southeast Asian regions.

In leadership developments, VCI Global appointed Jane Teh as its Chief AI Security Officer, bringing over 20 years of cybersecurity experience to the company. Teh will be responsible for overseeing AI security architecture and implementing encryption frameworks. The company also announced the appointment of Alex S K Chua as Executive Director and CEO of its Singapore office, aiming to bolster leadership and growth in Southeast Asia. These strategic appointments and acquisitions reflect VCI Global’s commitment to expanding its capabilities and market presence.

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