Malaysia Venture Capital Management Bhd (MAVCAP) has appointed a new chairman, while the current chief executive officer (CEO) of Australia’s Queensland Investment Corporation (QIC) plans to retire in 2022Malaysia’s government-backed venture capital firm Malaysia Venture Capital Management Bhd (MAVCAP) has appointed Tunku Alizakri Alias as its new chairman.In a statement, MAVCAP said it is pleased to welcome Alizakri, given his significant experience, wide breadth of expertise and proven track record of success..Alizakri brings with him over 20 years of senior management and board-level experience in areas including fund management, financial, central banking, social security, and healthcare.