TLDR: VCI Global Limited (NASDAQ: VCIG) has announced the appointment of Dr. Chan Wai Mun as its Chief AI & Data Officer, effective August 6, 2025. This strategic move aims to accelerate the company’s adoption of artificial intelligence and data-driven innovation across enterprise and government platforms, reinforcing its commitment to delivering secure, scalable, and high-performance AI-as-a-Service solutions.
KUALA LUMPUR, Malaysia – VCI Global Limited (NASDAQ: VCIG), a prominent platform builder integrating technology with financial architecture, announced on Wednesday, August 6, 2025, the strategic appointment of Dr. Chan Wai Mun as its new Chief AI & Data Officer. This key hire underscores VCI Global’s intensified focus on advancing artificial intelligence (AI) and data-driven innovation across both enterprise and government sectors.
Dr. Chan Wai Mun brings a robust and comprehensive background in Big Data Analytics and Artificial Intelligence to his new role. He holds a PhD in Engineering and boasts over seven years of hands-on experience across diverse sectors including manufacturing, operations, and retail. Prior to joining VCI Global, Dr. Chan held significant data science positions at leading global firms such as Intel and GfK (a part of NielsenIQ), where he was instrumental in the development and deployment of applied AI solutions. His technical prowess includes building enterprise-grade AI systems on Microsoft Azure, equipping him with the expertise to lead complex, cloud-native AI deployments. Dr. Chan specializes in business analytics, machine learning, and large language models (LLMs), focusing on translating intricate datasets into actionable insights that enhance operational efficiency, automate processes, and support strategic decision-making.
In his new capacity, Dr. Chan will be responsible for leading AI model development, data infrastructure, and analytics integration for VCI Global. His appointment is particularly timely as the company pushes forward with its ambitious AI and cybersecurity initiatives. These include the rollout of SecureGPU™, VCI Global’s proprietary encrypted AI compute infrastructure, and CyberSecure, a quantum-resistant, military-grade cloud security solution designed for enterprise and institutional clients. These initiatives are integral to VCI Global’s broader strategy to deliver secure, scalable, and high-performance AI-as-a-Service platforms throughout Southeast Asia.
Dato’ Victor Hoo, Group Executive Chairman and Chief Executive Officer of VCI Global, commented on the appointment, stating, ‘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.’
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VCI Global, which originated as a capital markets consultancy, has significantly diversified its operations to encompass fintech, AI, robotics, and cybersecurity, with a strategic emphasis on Southeast Asian markets. The company has demonstrated strong financial performance, maintaining impressive gross margins of 54% and achieving a 37% revenue growth over the last twelve months, while trading at notably low valuation multiples with a price-to-book ratio of 0.28. With Dr. Chan’s leadership, VCI Global is well-positioned to enhance its product capabilities, meet growing market demand, and execute its long-term vision of building a high-margin, recurring revenue business by developing sovereign-grade AI platforms.
