Kuala Lumpur, Malaysia – IPG Mediabrands Malaysia has announced the appointment of Stephanie Foong as its chief investment officer. Her appointment follows the leadership transition of Fan Chen Yip, the current chief investment officer, who departs to pursue new opportunities.
Effective immediately, Foong will step into the role of chief investment officer, responsible for all legacy and new media investments within the group, with a focus on buying accountability and innovation. Stephanie’s role will oversee all aspects of IPG Mediabrands’ investment initiatives, focusing on maximising value for clients through data-driven insights and innovative media strategies.
Her appointment takes effect 1 July 2024, and she will report directly to CEO of IPG Mediabrands Malaysia, Bala Pomaleh.
Speaking on Foong’s appointment, Pomaleh said, “After three years of dedicated service, Fan will be moving on from our company from the end of June. During his tenure, he has been instrumental in shaping our investment strategy and fostering growth within IPG Mediabrands. We are grateful for his contribution to our leadership team and wish him all the best as he embarks on this next chapter of his career.”
He added, “We are excited to appoint Stephanie into this role as chief investment officer. Stephanie has been with the group as head of Orion for four years and played a pivotal role in nurturing our partnerships. Her wealth of industry experience and proven track record within the network gives her a deep understanding of the nuanced media investment dynamics at play today. We trust in her commitment to driving results as we look to steer our partnerships and trading capabilities through this next evolution. Stephanie’s leadership will be pivotal in helping us navigate the rapidly evolving media landscape to ensure we continue to deliver unparalleled service to our client base.”
