US and Singapore-headquartered venture capital firm, B Capital, has appointed Sandi Sadek (pictured) as partner and chief people officer. The firm shared the news exclusively with FinanceAsia.
“At a time when HR is strategically more important than ever, we are in the next chapter of growth with Sandi as our chief people officer. Sandi will advance our efforts to attract and develop the best talent in the industry and shape our employee engagement and culture,” a spokesperson told FA.
The VC, founded in 2015 by Facebook co-founder, Eduardo Saverin and former Bain Capital executive, Raj Ganguly, currently employs 130 people across six offices in Asia and US.
B Capital officially launched its China presence in March this year, announcing that it would also ramp up investment activity in India and Indonesia. In the same month, the firm closed a new $415 million fund, its first to target late-growth and late-stage investment.
The firm’s assets under management currently stand at $3.5 billion. Focussed on multi-stage tech investments, its 120+strong portfolio includes Singapore-based logistics player, Ninjavan and online car marketplace, Carro.
“Sandi will play a key role in reimagining and strengthening our key people initiatives, both for B Capital and for our portfolio companies,” the spokesperson said, adding that the firm had doubled its headcount since January 2021.
Based in Singapore, Sadek reports into Ted Hill, chief operating officer.
Sadek was recently a managing director of human resources at Credit Suisse and prior to that a senior vice president at Bank of America. She also co-founded an online florist and gift shop in Singapore in 2017.