Business

Malaysian Nadiah Wan youngest CEO listed on Forbes Asia’s Power Businesswomen 2021

Only Malaysian to make this year’s list holds two chief executive officer titles

Updated 4 years ago · Published on 02 Nov 2021 6:00PM

Malaysian Nadiah Wan youngest CEO listed on Forbes Asia’s Power Businesswomen 2021
37-year-old Nadiah Wan is CEO of Thomson Hospital Kota Damansara. – TMC Life Sciences pic, November 2, 2021

SINGAPORE – Nadiah Wan, a 37-year-old Malaysian businesswoman, is listed on Forbes Asia’s Power Businesswomen 2021, which recognises 20 outstanding female business leaders in the Asia-Pacific region.

According to Forbes, Nadiah, who holds two chief executive officer titles, is the youngest to make this year’s list.

“Businesswomen across the Asia Pacific region continue to break barriers and, in many cases, expand their businesses despite the lingering pandemic,” said Rana Wehbe Watson, the editor of the 2021 Asia’s Power Businesswomen list, in a media release issued here today.

Watson said Forbes Asia’s Power Businesswomen list this year recognises 20 outstanding leaders who managed to adapt and thrive in industries including technology, healthcare, banking, and manufacturing.

“They are leading the way as the world struggles with the post-Covid reality,” she said.

Watson said all the businesswomen highlighted this year are newcomers to the list, further expanding Forbes Asia’s network of prominent businesswomen in the region.

They have been selected for their achievements in managing either a business with sizable revenues or a startup valued at over US$100 million (US$1=RM4.15),” she said.

Nadiah, the only Malaysian who made this year’s list, is a group and executive director of TMC Life Sciences, a role she took on in 2019.

She is also a chief executive officer of its flagship Thomson Hospital Kota Damansara – a position that she has held since 2017.

She introduced a Covid-19 task force at the hospital and launched a mobile app, providing remote end-to-end patient care from appointments, screening, and assessments to rehab services and medication delivery.

Border closures impacted medical tourism and a fertility division that accounts for 20% of TMC’s revenue.

Still, the Malaysia-listed company posted a revenue of RM201 million, up 6.0%, for the year ended in June, while profit after tax was RM20 million, up 86% year-on-year, mainly due to deferred tax liability.

TMC’s expansion plans include tripling capacity at its hospital to 600 beds and adding two catheterisation labs, 154 outpatient clinics, 11 delivery suites, and ten operating theatres.

The complete list of these 20 women can be found at www.forbes.com/asiapowerbusinesswomen2021 and in the November issue of Forbes Asia. – Bernama, November 2, 2021

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