CYBERJAYA, 28 August 2024: The Malaysia Digital Economy Corporation (MDEC) today announced the completion of Datuk Ts. Mahadhir Aziz’s successful three-year tenure as CEO, concluding on 31 August 2024. As Datuk Mahadhir transitions to new challenges and opportunities, his departure paves the way for future transformation at MDEC, building on the strong foundation of the transformative era he led.

Since assuming the role in September 2021, Datuk Mahadhir has played a pivotal role in solidifying MDEC's position as a leader in Malaysia's digital ecosystem and expanding its reach into new and emerging markets. Under his leadership, MDEC achieved significant milestones, including securing over RM 170 billion in digital investments and creating more than 85,000 technology jobs. He was also instrumental in transforming the MSC initiative into Malaysia Digital (MD), driving strategic digital investments, and launching key national programmes such as the digital nomad visa. His tenure saw MDEC surpass key targets, including the adoption of e-Commerce by over 1.5 million MSMEs and recording RM144 billion in digitalisation investments.

As Datuk Mahadhir steps down to pursue new opportunities, MDEC remains focused on maintaining its strategic direction. A Management Council has been established to oversee the CEO’s responsibilities during the interim period until a new CEO is appointed.

The Board and Management ensure a smooth transition to the new leadership. The Board extends its deepest gratitude to Datuk Mahadhir for his leadership, dedication, and significant contributions to MDEC. The entire organisation wishes him the very best in his future endeavours and looks forward to his continued success.