Maharlika Investment Corp. appoints chief investment and operating officer
MAHALIKA INVESTMENT Corp. (MIC) said it appointed Kheed Nielsen Ng as its chief investment and operating officer.
“As MIC increases its investment activity, ensuring clear leadership, accountability, and authority within the investment function is critical to delivering on MIC’s mandate and meeting stakeholder expectations,” MIC President and Chief Executive Officer Rafael D. Consing said in a statement on Monday.
“With a proven track record of managing and scaling wealth on a global stage, Mr. Ng possesses the strategic foresight and technical depth essential to driving MIC’s investment mandate forward,” he added.
Mr. Ng first joined the MIC as vice-president of the investment management group. His new posts were confirmed during the MIC’s board meeting on Feb. 12.
He will now serve as MIC’s principal technical authority on investment strategy and portfolio management, as well as serve as a key adviser to the board.
“His position entails full oversight of the Investment Management Group, including investment strategy formulation, portfolio construction and asset allocation, risk management integration, performance evaluation, and alignment with global sovereign wealth fund governance standards,” MIC said.
Mr. Ng previously held senior investment roles at Canada Pension Plan Investments and Morningside Capital.
He also has been an investment banker and private equity investor, with professional experience in North America, Europe, and Asia.
“Over the course of his career, he has evaluated investments across a wide range of industries and overseen the deployment of approximately $2 billion in capital,” MIC said. — Justine Irish D. Tabile
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