
Dato’ Azman Bin Mahmud (“Dato’ Azman”) was appointed as an Independent Non-Executive Director of PRIVASIA Group on 10 May 2021 and as Chairman of PRIVASIA Group on 14 June 2021.
After having served with the Malaysian Investment Development Authority (MIDA) for over three decades, Dato’ Azman ended his tenure there as the Chief Executive Officer. He had the enviable responsibility to drive investments into the country and lead the team in advising, formulating and recommending strategies, policies, investment and industry development programmes in the manufacturing and services sectors to the government of Malaysia.
In his former role as CEO of MIDA, he was also pivotal in attracting foreign investments into the country, in addition to being instrumental in driving domestic investments in various industries and sectors.
Dato Azman presently serves as Chairman of several companies and organisations, including Cnergenz Berhad, Panasonic Manufacturing Malaysia Berhad, and Panasonic Malaysia Sdn Bhd and its Group of Companies. He also holds directorships in Texchem Resources Berhad, Crystal Precision Sdn Bhd, Mighty Light Sdn Bhd and Scientex Lestari Sdn Bhd. In addition, he is also a Board Member of charitable organisation Akademi Transformasi Asnaf Perlis MAIPs Sdn Bhd.
His past leadership repertoire includes Chairman of EximBank (M) Bhd,UPM Holding Sdn Bhd, Malaysia Petroleum Resources Corporation (MPRC), Collaborative Research in Science, Engineering & Technology (CREST), Board Member at Regional Corridor Development Authority (RECODA), InvestKL, Invest Sabah, Johor Corporation (JCorp),Permanent Member of Special Task Force to Facilitate Business (PEMUDAH), Cyberjaya Implementation Council and Iskandar Regional Development Authority (IRDA) (Member of Approvals and Implementation Committee (AIC))
Dato’ Azman has also attended several leadership and professional development courses from renowned training institutes such as ‘A Cutting Edge of Development Thinking’, Harvard Kennedy School, John F. Kennedy School of Government, USA; ‘Leading Change & Organisation Renewal’, Harvard Business School, USA; Strategy Execution Programme, INSEAD France; APAC Government Leadership Programme (AGLP) in Crotonville, New York, USA; and Temasek Foundation International Asia Leader’s Connect, Singapore.
None of the Directors has any family relationship with, and is not related to, any Director or major shareholders of PRIVASIA. None of the Directors has any conflict of interest or potential conflict of interest including interest in any competing business with PRIVASIA or its subsidiaries. None of the Directors has any conviction for offences within the past five years other than traffic offences, if any, and has not been imposed with any public sanctions or penalty by the relevant regulatory bodies during the financial year ended 31 December 2025.
Malaysian. 65 Years. Male
Agricultural Engineering Alumnus,
University Putra Malaysia
Financial Year Ended 31 December 2025 - 6/6
Leadership At PRIVASIA
PRIVASIA's Business Highlights
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PRIVASIA’s Annual Reports comprise key financial and non-financial information for the year ended 31 December, in accordance with applicable regulatory and reporting standards.
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