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Former MDEC CEO Yasmin Mahmood joins global AI firm Skymind as Chairperson

Skymind

Skymind Holdings, an international firm dedicated to the development of Artificial Intelligence (AI), has appointed Yasmin Mahmood as its Chairperson.

Yasmin was previously the CEO of Malaysia Digital Economy Corporation (MDEC), the national arm of the Malaysian government driving the development of the country’s digital economy. She stepped down as the CEO after helming MDEC for more than four years.

Also Read: MDEC chief Yasmin Mahmood steps down; to join a tech venture in Jakarta

Before that, she took on management roles at global tech companies, including Dell and HP and was the Managing Director of Microsoft Malaysia.

With a presence in 17 countries, including Germany, Japan and the United Kingdom, Skymind develops innovative AI technologies that it claims are deployed in Fortune 500 companies including Nvidia, IBM, Huawei and NASA.

Last year, its venture arm, London-based Skymind Global Ventures, launched a US$800 million fund to support promising new AI companies and academic research globally.

As part of plans to expand Skymind’s footprint across Southeast Asia, the company expanded into Malaysia in October 2019, with the country serving as the group’s regional AI hub.

“We are pleased to welcome Datuk Yasmin, a well-respected and internationally recognised leader in the IT industry, to Skymind. Her extensive experience, knowledge and insights will help guide the vision and strategic opportunities of Skymind as we march ahead with our scale and growth plans,” said Shawn Tan, Global CEO of Skymind.

Also Read: Ethics and Artificial Intelligence: Is the technology only as good as the human behind it?

“For the last year, when she served as our Advisor, we saw how her leadership and passion has empowered Skymind to strengthen partnerships, develop strategic alliances, and expand our presence here in Malaysia as well as regionally and globally,” he added.

“I am passionate about AI and how it can revolutionise and reimagine anything and everything.  With the company’s track record of AI innovations and a focused growth strategy, this is an exciting time to work with Shawn and his team,” noted Yasmin.

“Skymind is in a unique position to catalyse an innovation ecosystem, thereby creating high-income and high-value jobs in Malaysia to serve the global markets,” she further opined.

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Image Credit: Skymind

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