Dato’ Azman Bin Mahmud (“Dato’ Azman”) was appointed as an Independent Non-Executive Director of PRIVASIA Group on 10 May 2021 and as Chairman of PRIVASIA Group on 14 June 2021.

After having served with the Malaysian Investment Development Authority (MIDA) for over three decades, Dato’ Azman ended his tenure there as the Chief Executive Officer. He had the enviable responsibility to drive investments into the country and lead the team in advising, formulating and recommending strategies, policies, investment and industry development programmes in the manufacturing and services sectors to the government of Malaysia. In his former role as CEO of MIDA, he was also pivotal in attracting foreign investments into the country, in addition to being instrumental in driving domestic investments in various industries and sectors.

Dato’ Azman also helms the Chairmanship of several boards of companies and organisations, which includes Cnergenz Berhad, Panasonic Malaysia Sdn Bhd, Panasonic Manufacturing Malaysia Berhad and SME Aerospace Sdn Bhd.

He also holds other Board positions in GDEX Berhad, Texchem Resources Berhad and Kulim Technology Park Corporation, in addition to being a member of several organisations related to the development of businesses and investments and as an investment panel member for Penjana Kapital (an entity established by the Ministry of Finance in July 2020).