Avicennia Capital, incorporated on 17 January 2013, is a wholly owned subsidiary of Khazanah Nasional Berhad, the strategic investment fund of the Government of Malaysia. As the insurance holding company for Khazanah, Avicennia Capital was awarded the Financial Holding status by Bank Negara Malaysia on 19 November 2014.
Avicennia Capital was founded on the principles of strength, knowledge, and ethics, and strives to create sustainable value, cultivate high-performance work culture, and instil strong corporate governance within its group of companies. Having our roots and identity in Malaysia, which is one of the leading financial centres in the region, and sharing cultural similarities with our regional neighbours, provides us with the familiarity and local knowledge in support of our regional presence aspiration. Our ambition is to build a solid market presence in Malaysia and South East Asia, specifically in the Philippines, Thailand, Indonesia and Singapore.
With its team of committed and experienced individuals, Avicennia Capital aims to build strong national champions and support the development of human and knowledge capital while respecting and maintaining the local identity and cultural heritage of its investee companies.
At the same time, Avicennia Capital is committed to conducting its business transparently and uphold high ethical business values in order to instil market confidence and create an ethical business eco-system.
At Avicennia Capital, insurance is more than just a business!