Howard Soh joins Jelawang Capital as Chief Executive Officer, effective 1 October 2026.

SearchAPAC Investment Professional Intelligence — Jelawang Capital Appoints Howard Soh as Chief Executive Officer | Malaysia

Jelawang Capital, Malaysia’s National Fund-of-Funds and a wholly owned subsidiary of Khazanah Nasional Berhad, has announced the appointment of Howard Soh as Chief Executive Officer, effective 1 October 2026.

Mr. Howard Soh brings two decades of investment, venture-building and operating experience, built largely in Malaysia and across Southeast Asia.

In Malaysia, he was Chief Executive Officer of Sea Malaysia and Director, Investments at Ekuinas, in addition to founding and leading the early Malaysian operations of Lazada, Zalora and Foodpanda.

He joins Jelawang Capital from LemmaTree, an Asia-based investment firm, where he served as Group Chief Investment Officer. Earlier in his career, he worked at McKinsey & Company and CIMB.

Howard holds an MBA from Harvard Business School and an LLM from Tsinghua University.

Jelawang Capital Chairman Datuk Hisham Hamdan said that Soh brings institutional investment experience, venture building and operating leadership in Malaysian technology businesses to the organization. He added that Soh will lead the strategic direction of Jelawang Capital and further strengthen its approach to investing through and partnering with fund managers as it continues to catalyse Malaysia’s venture capital and startup ecosystem.

Datuk Hisham Hamdan is the Chairman of Jelawang Capital Sdn Bhd.

He is also the Chief Investment Officer (CIO) of Khazanah Nasional Berhad, Malaysia’s sovereign wealth fund.

Jelawang Capital

Jelawang Capital is a subsidiary of Khazanah Nasional Berhad and Malaysia’s National Fund-of-Funds. It aims to strengthen Malaysia’s venture capital ecosystem by investing in disciplined and credible fund managers, both emerging and established, who are committed to growing innovative Malaysian startups, while forging meaningful partnerships with experienced global firms.

Jelawang Capital operates under Khazanah’s Dana Impak, supporting the development of a dynamic venture capital ecosystem that fuels innovation and long-term growth.

Jelawang Capital aims to develop Malaysia’s venture capital ecosystem through investments and partnerships with fund managers.

About Dana Impak

Dana Impak plays a catalytic role in Khazanah’s Malaysia Investment strategy, anchored on the ‘A Nation That Creates’ framework. It focuses on transforming firms to enhance economic competitiveness and resilience while delivering positive socio-economic impact for the country.

This is in line with Khazanah’s broader commitment to Advancing Malaysia through a structured, programmatic approach across key areas, including catalysing Malaysia’s venture capital (VC) ecosystem, levelling up mid-tier companies (MTCs), and strengthening Malaysia’s position in semiconductors and advanced manufacturing.

Khazanah Nasional Berhad

Khazanah Nasional Berhad (“Khazanah”) is the sovereign wealth fund of Malaysia, entrusted to deliver sustainable value for Malaysians.

In line with its long-term strategy of Advancing Malaysia, Khazanah aims to deliver its purpose by investing in catalytic sectors, creating value through active stewardship, increasing its global presence, and building capacity and vibrant communities for the benefit of Malaysians.

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