People Moves: Kok-Chye Ong, Managing Director, Gaw Capital
Gaw Capital Partners has today (13 July) announced the appointment of Kok-Chye Ong as its Managing Director and Head of IDC. The company says that Mr. Ong will be based in Singapore.
As part of his new role, Ong will lead internet data centre (IDC) platform investments for the organisation outside of the China region. He will “create a professional team and platform to build on our successful IDC platform in China”, Gaw Capital said. Since 2019, the company has committed US$1.3bn in investments into the nation.
Kenneth Gaw, President & Managing Principal of Gaw Capital Partners, said: “I am delighted to welcome Kok-Chye onboard. His exceptional leadership and industry expertise in the fields of data centres and telecoms will be invaluable for the development of Gaw Capital Partners’ IDC platform. I am confident that our IDC platform will continue to evolve and develop into a high-quality business under his leadership”.
Kok-Chye Ong’s background and previous roles
Prior to this latest appointment at Gaw Capital, Kok-Chye Ong was the Senior Vice President and Head of Investments of Keppel Data Centres, a role which he started in October 2014.
Mr. Ong has over 20 years of international experience in data centres, telecommunications, and submarine cable projects. With a track record of growing data centre businesses in key markets in Asia and Europe as well as leading data centre investment teams in countries such as Australia and Indonesia, Kok-Chye Ong was ranked in 2018 as one of the world’s top 25 financial dealmakers in the data centre and cloud industry by Data Economy.
After studying at the Nanyang Technological University in Singapore, he received a Bachelor’s degree in Accounting before completing a Master of Science in Management qualification from the Graduate School of Business at Stanford University in 2007. He is also a Charted Accountant in Singapore.
Microsoft hyperscale plans prompt Lab3 New Zealand launch
Lab3, an Australian cloud migration specialist, has announced it is launching in New Zealand after being prompted by a surge in demand for cloud services and Microsoft’s investment into hyperscale data centres.
The company, which was founded in 2017, has appointed David Boyes as Chief Executive Officer and Rich Anderson as Chief Operating Officer. According to Companies Office records, Boyes and Anderson each have a 10% share in Lab3’s New Zealand business. Commenting on cloud migration, Boyes said: “Across New Zealand, in government and every industry sector, organisations are looking to migrate to the cloud to modernise their technology environments.” He added that the Coronavirus pandemic was fuelling a “ need to tap into the power of data, facilitate remote work and meet public expectations of a virtual world.”
Chris Cook, Group CEO of Lab3 said the business was "first and foremost about client success" which drives the company’s product innovation and motivation to expand into New Zealand. “We look forward to working closely with Microsoft to deliver more for New Zealand clients,” he said.
Microsoft’s New Zealand hyperscale data centre investment plan
Microsoft’s investment into a hyperscale data centre region in New Zealand meant the resulting facilities will aim to provide several organisations with access to the security and scalability of a public cloud without sending data offshore.
Vanessa Sorenson, Managing Director of Microsoft New Zealand, said: “We’ve seen a tremendous acceleration in cloud migration over the past year as organisations have responded to global disruption and conversely, recognised the global opportunities a digital operation brings.
“Our research with IDC shows public cloud technologies are set to create 102,000 local jobs and add [NZ]$30 billion to the New Zealand economy over the next four years, so we’re delighted to welcome a partner of LAB3’s calibre to New Zealand, to help more organisations realise those gains even faster," she added.
Lab3’s clients include several fintech organisations, a global software vendor, Australian federal and state government agencies, and insurance and banking corporations. The company employs over 200 staff and has three advanced specialisations across migrations, Azure virtual desktop, and security.