PIONEERS OF PROGRESS
Tatler Singapore|December 2023
Industry titans Peng T Ong and Charles Ormiston unveil their vision to propel Southeast Asia onto the global stage through the Angsana Council, a non-profit think tank
Nafeesa Saini
PIONEERS OF PROGRESS

In a world marked by increasing turbulence, one region stands as a surprising bastion of stability: Southeast Asia. This insight stems from a research study conducted by the Angsana Council, a non‑profit think tank convened by Monk’s Hill Ventures (MHV), a Singapore‑based venture capital firm. A collaboration with global management consultancy Bain & Company, the report, Southeast Asia’s Pursuit of the Emerging Markets Growth Crown, highlights the region’s major growth drivers and emphasises the pivotal role of tech‑enabled disruptors in driving overall growth.

The Angsana Council is committed to driving progress in Southeast Asian businesses and economies. It takes its name from the Angsana tree, which is native to the region. With its expansive canopy and serene presence, it symbolises the council’s dedication to collaborating with intellectuals, policymakers and visionaries to advocate for regional growth.

Steering the helm of the council are Peng Ong and Charles Ormiston. Ong, a prominent figure in technology and entrepreneurship, is the co‑founder of and managing partner at MHV, while Ormiston, the council’s chair, is the founding partner of Bain & Company’s Southeast Asia business.

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