Monk’s Hill Ventures Launches the Angsana Council

MHV Announces the Angsana Council to facilitate dialogues with changemakers and impact the growth of businesses in Southeast Asia.

Monk’s Hill Ventures (MHV), a venture capital firm investing in early-stage technology companies in Southeast Asia, announced today the launch of the Angsana Council.

The Angsana Council is a non-profit group committed to increasing the growth and prosperity of Southeast Asian societies and economies.

The founding council members are Mr. Charles Ormiston (Founding Partner, Southeast Asia, Bain & Company),  Mr. Peng T. Ong (Co-Founder & Managing Partner, Monk’s Hill Ventures), Pak Gita Wirjawan (Former Minister of Trade of the Republic of Indonesia; Educator and Entrepreneur), and Mr. George Yeo (Former Singapore Cabinet Minister; Visiting Scholar at Lee Kuan Yew School of Public Policy and National University of Singapore). This esteemed group of changemakers advocates that technically enabled disruption will be a vital contributor to the future of the thriving region.

“We are thrilled to be able to bring together a distinguished set of council members who have a track record in accelerating economic and societal change in Southeast Asia. I believe that we will be able to collaborate closely with thought leaders who share our desire to positively impact the markets in the region in which we operate,” said Mr. Peng T. Ong, Co-founder and Manager Partner, at Monk’s Hill Ventures.

Founding member Charles Ormiston said, “The Angsana Council will have a unique position in that all of our Council members have worked extensively in the diverse spheres of government, business, education, and community service. We each share an overriding optimism about Southeast Asia combined with a pragmatic sense of how to overcome challenges that inevitably surface when advocating change. We are excited to join the Angsana Council’s mission to enable a more prosperous Southeast Asia.”

The Angsana Council will unwaveringly work towards its mission to shift the world’s attention to Southeast Asia by engaging in dialogues with entrepreneurs as well as policymakers who can impact the region’s steady growth by raising investment levels, promoting entrepreneurial activity, supporting growth-friendly policies, and strengthening institutions.

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