MDEC CEO Yasmin Mahmood to step down

Malaysia Digital Economy Corporation's (MDEC) CEO Datuk Yasmin Mahmood (pictured) is stepping down from her position on 15 January 2019 after more than four years, to pursue a role with a tech venture in Jakarta.

She will relinquish her position as CEO and all other positions within MDEC after spearheading the strategy and planning for 2019.

Under her leadership, MDEC embarked and participated in nation-building projects such as the Digital Free Trade Zone to encourage Malaysian SMEs to embrace e-commerce and brought foreign direct investments into Malaysia. She also nurtured the Malaysian technology ecosystem, empowered the future generation with the necessary skills and knowledge via the joint public-private-academia initiative MyDigitalMaker, and encouraged inclusivity amongst the rakyat through initiatives such as eRezeki and eUsahawan.

According to the press statement, a management committee will be activated as part of the transition plan to oversee the agency's operations during the process of appointing a new CEO.

Yasmin said she has put her heart and soul into the role to bring MDEC to a higher level of effectiveness and relevance, not only with the initiatives and strategies we’ve implemented but also with the cultural transformation of the people in MDEC.

"I wish to express my appreciation to the board of directors for their guidance and support throughout my tenure. It has been a great honour serving the nation. I wish everyone at MDEC the very best on their continued journey," she said.

Acting MDEC Chairman Dato' Mathialakan Chelliah said, "Yasmin has been a very strong and engaged visionary leader at MDEC.  Her ability to drive outcome-focused initiatives at a national scale is unparalleled. We are extremely grateful for her tireless efforts in serving the nation the last few years and are indeed saddened that she will be leaving MDEC."

Meanwhile, Minister of Communications and Multimedia Gobind Singh Deo said, "We thank Datuk Yasmin for her stewardship in leading MDEC and all her contributions to the digital economy ecosystem. Her passion, commitment and energy in seeing things through to the very end has benefited Malaysia throughout the years."