Tencent senior executive vice president and chairman of group marketing and global branding Lau Seng Yee joins the Khazanah board of directors with two other members.
The two others are Chinese University of Hong Kong professor Xiao’ou Tang and Attorney General’s chambers head of advisory division Toh Puan Azian Mohd Aziz.
Part of the Tencent top management steering committee since 2006, Lau served 11 years as the President of Tencent Online Media Group and built the operation into one of the largest multi platform media conglomerates in China, before assuming current dual chairmanship corporate roles in 2017.
As Chairman of Group Marketing/Global Branding, Lau championed the cause of technology for universal good, particularly in how technology could drive sustainable development of human society.
Actively sought after internationally, he was part of the panel to deliberate on global principles for development of AI at the UNESCO. Invited three times to the Elysee Palace by the French President with global top 50 CEOs to drive impact of technology on future of work, education, diversity and greater good. Also a keynote at the Dubai International Conference on AI.
Also as the Chairman of the advertising business, a key leadership role in enhancing synergies in Tencent’s advertising properties across business groups in managing Tencent’s international strategic partnerships on behalf of the leadership team.
Professionally, Lau was recognized as the “Global Media Person of the Year” by the Cannes Lions in 2015.
In 2018, he became one of the founding members of the Global CMO Growth Council, a board featuring 25 top CMOs who share the passion to transform the professional practices of marketing.
He served as a global board member for the United Nation’s World Food Programme, an initiative targeting the global eradication of hunger by 2030.
“Khazanah welcomed the new members at its board meeting today, and looks forward to continue working closely with the board led by our chairman Tun Dr Mahathir Mohamad, in delivering on our mandate as the sovereign wealth fund of Malaysia,” Khazanah said in a statement.
The new members of the board will join Minister of Economic Affairs Datuk Seri Mohamed Azmin Ali, former Petronas chairman Tan Sri Mohd Hassan Marican, Bank Negara Malaysia former deputy governor Dr Sukhdave Singh and former Securities Commission executive director Goh Ching Yin, who were appointed in July last year, following the change in government.
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