Endeavor Malaysia appoints Fadzarudin Anuar to Board, Adlin Yusman as MD
By Digital News Asia February 20, 2021
- Appointments aimed at fast-tracking growth of smaller entrepreneurs
- High-impact entrepreneurs selected, mentored to hit their potential
Global high-impact entrepreneurship movement Endeavor Malaysia has announced two appointments to its leadership team, aimed at fast-tracking the development of entrepreneurs who in turn will drive economic growth and job creation for the nation.
Fadzarudin Anuar (pic), CEO and cofounder of FashionValet joins as Board Member, while Adlin Yusman takes on the role of Managing Director.
Commenting on the appointments, Brahmal Vasudevan, Chairman of the Endeavor Malaysia Board and founder of private equity firm, Creador, stresses that Malaysia’s economic success is dependent on the success of its entrepreneurs. With small and medium enterprises accounting for almost 98.5% of business entities in the country and 66% of the workforce, Brahmal stresses the urgency in promoting a robust, resilient and sustainable entrepreneurship ecosystem. “Entrepreneurs need support to scale their business; if we can fast-track the performance of the most promising of these businesses, the follow-on impact on the country’s economy will be tremendous. This is exactly what the country needs, and that Endeavor aims to do,” he says.
Fadzarudin brings with him valuable experience as an entrepreneur who has built a successful, brand that enjoys high visibility amongst Malaysians. He is also an Endeavor Entrepreneur, which makes him a valuable advisor to the entrepreneurs in the programme. Adlin (pic, right) is a serial entrepreneur whose knowledge of what it takes to make it happen will be invaluable in leading the Endeavor team forward.
The global Endeavor movement achieves its objectives by selecting, mentoring and accelerating the best high-impact entrepreneurs to reach their potential as quickly and seamlessly as possible. These high-impact entrepreneurs are defined as those with the biggest ideas, the greatest potential to achieve meaningful scale and the ability to inspire, mentor and reinvest in the next generation.
“They often innovate through tech-enabled platforms, products and services, thereby creating jobs of the future,” says Brahmal, adding, “critical to our success are our Endeavor mentors. We believe that mentorship is key to the success of every entrepreneur’s journey. Our mentors are outstanding, high-calibre individuals handpicked from different industries, who generously contribute their time and resources to guide and counsel our entrepreneurs with strategic advice, helping them access an unrivalled personal and professional network, co-investment capital, and peer-to-peer idea exchange. The result is a strong entrepreneurship ecosystem designed to inspire success and sustainability.
Fadzarudin joins Brahmal, Afzal Abdul Rahim (Commander-In-Chief at TIME dotCom), Mark Chang (CEO & cofounder at JcbNext) and Lim Chern Yuan (Group CEO of Yinson) on the Board of Endeavor Malasia, which currently has over 60 mentors guiding 45 entrepreneurs, 30 of whom have reached international scale. Ongoing programmes include Endeavor Entrepreneur Track and ScaleUp Endeavor Track.
Globally, Endeavor has screened more than 60,000 individuals, selected more than 2,100 founders leading 1,300 scale-up companies. With the support of the worldwide mentor network, Endeavor Entrepreneurs have created over 4.1 million jobs, and generated more than US$26 billion (RM105 billion) in revenue.