About Us

Who Are We?

The Malaysian Business Angel Network (MBAN) is the official trade association and governing body for angel investors and angel clubs in Malaysia. It strives and aims to put forward the agenda of angel investing in an all inclusive manner for the benefit of members, the angel ecosystem and start-ups.

What Do We Do?

MBAN is responsible for the accreditation of individual angel investors and angel investors clubs, creating awareness and training for angel investors, as well as monitoring angel investment statistics in Malaysia.

MBAN is a body that functions like a trade organisation, driving regional and international linkages between angel investors from different countries. Cradle Fund Sdn Bhd, through its Angel Tax Incentive Office, acts as the secretariat for MBAN. It is the aspiration to have a private entity manage MBAN in the near future.

MBAN’s vision is to become the official voice of the Malaysian angel investor community as well as a platform for engagement and knowledge sharing for domestic and international angel investors. It also aims to foster the development of angel investing ecosystem within Malaysia.

How Do We Support Investors And The Ecosystem?

Angel Education

We run our quarterly Angels in the City Investor Workshops & bi-annual Wadwhani Foundation ‘deep dive’ courses.

Deal Flow Sourcing & Management

We organize our monthly Angels in the City Pitch Sessions where we select and showcase potential deal flows to our members.


We work closely with agencies such as Cradle Fund Sdn Bhd, which gives us the opportunity to connect with the wider start-up ecosystem in both Public and Private sectors.


We try to affect policies for the benefit of the investing public.

What Are Our Objectives?

  • To provide the vision and direction to drive the development of the angel investment ecosystem.
  • To verify and certify angel investors and/or clubs in Malaysia.
  • To track the development and growth of angel investments within the country.
  • To facilitate the setting up of angel clubs in Malaysia.
  • To run angel investment training and development programs for both new and experienced angel investors.
  • To advise the Government on issues pertaining to angel investments in Malaysia.
  • To encourage high income earners and high net-worth individuals to get involved in angel investing.
  • To lobby for policies and incentives that encourages angel investments in Malaysia.
  • To develop a platform in order to allow deal flows and investment proposal submissions.
  • To disseminate and share deal flows, investment proposals and submissions.
  • To organise regular networking events in order to create a tighter angel investor community and also to foster best practices.
  • To conduct other necessary initiatives for the benefit of the association.
  • To provide education and to create awareness on angel investment in Malaysia to spur the growth of business angels in the country.

What Do Our Council Members Do?

The Council is the highest decision making authority within MBAN and is led by the President. It develops, considers and decides on all key decisions of the Association.

Name Post Organisation
Mr. Alan Lim President Nexea Angels
Dr. Melissa Foo Suyin Vice President AIM
Mr Peter Wee Secretary Nexea Angels
Ms. Xelia Tong Treasurer ScaleUp Malaysia
Dr. Sivapalan Vivekarajah Council Member & Honorary Advisor Proficeo Ventures
Adjunct Professor Ts Hj. 'Azra'i Bin Hj. Shu'ib Council Member Universiti Tun Hussein Onn Malaysia UTHM
Dr. Ng Sing Kwei Council Member Cradle Fund
Ms. Elaine Lockman Council Member Ata Plus
Mr Matt Van Leeuwen Council Member Sunway iLabs
Karen Puah Council Member Fintech Association of Malaysia
Mr Richard Wong Honorary Council Member Vistage

MBAN Executive Team

The daily operations of the association are managed by an Executive Director and a Manager. The current Executive Director for MBAN is Ms. Tricia Ann Francis whose role is to provide overall management and execution of initiatives decided by the Council in a manner consistent with the objectives of the association. Ms. Syazzana Arina M. Azmi assists the Executive Director by acting as the primary liaison for all membership related matters, coordination with partners and the Secretariat and Cradle’s Angel Tax Incentive Office (ATIO).

Our Partners

Annual Reports available for download