Management
The Company was founded by U Aung Htun and Mike Dean, both old Asia hands with a strong regional track record of investment, entrepreneurial ventures and profitable exits.
The Company was founded by U Aung Htun and Mike Dean, both old Asia hands with a strong regional track record of investment, entrepreneurial ventures and profitable exits.
The Executive Directors are Nick Paris (Managing Director) and U Aung Htun (Deputy Chairman). They are supported on the ground by Michael Rudolf (CFO). All of them have deep experience of investing in and building businesses in Asia.
They are backed by an experienced board with a similarly strong background in Asian business building.
We have a Yangon-based team of local and international investment professionals that is close-knit, well-rounded, with broad and diverse backgrounds (some Burmese, some foreign) and complementary skillsets who together have been tried, tested and perfected via MIL’s existing businesses.
MIL provides investors with a highly disciplined and conservative investment process into one of the most promising growth opportunities of this era.
Audit Committee member
Mr. Bodenstab was appointed to the Board of Directors on 17 May 2016. Over the past 20 years Mr. Bodenstab has gained broad international experience by living and working extensively in Asia, the US and Europe. He started his professional career in 1992 in Asia, at the Wünsche Group of Companies, a diversified group of companies focussing on international trade and shipping. In 1996, he joined the Boston Consulting Group in Hamburg, Germany. In 1998 he co-founded OneClip, a direct marketing and advertising company in New York, which he led until 2002. Mr. Bodenstab re-joined the Wünsche Group in 2002 as a managing partner, where he founded and managed Globaltronics, the consumer products division of the company. Since 2014 Mr. Bodenstab is a partner at Trilantic Capital Partners, a Pan-European private equity firm.
Mr. Bodenstab is Chairman of the Board of Meridian 10 Holding AG, on the Advisory Board of Prettl SWH GmbH and a Director of Hansabay Pte Ltd in Singapore. He holds a BA in Economics and Political Science from the University of Michigan and an MBA from the Harvard Business School.
Mr. Bodenstab was elected Chairman of the Board on 18 August 2020 after Mr. Knight retired having reached the Company’s compulsory retirement age.
Mr. Htun is half Myanmar. He is an engineering graduate from Imperial College and brings over 30 years of hands-on experience of advising, starting, building and managing companies.
Mr. Htun started at Kleinwort Benson in London before founding, in 1987, Seamico Securities in Thailand, a company he took public in 1995. In 1999 he founded Thai Strategic Capital, a Bangkok based private equity fund manager where he led investments into, inter alia, B-Quik, Modern Asia Environmental Holdings and Wuttisak Clinic.
Mr. Htun brings a wealth of experience and contacts in a diverse range of industries and currently sits on the boards of Draco PCB Plc, Wuttisak Clinic Inter Group Ltd, and Nam Seng Insurance Plc., as well as being a member of the investment committee of Lakeshore Capital Partners. He is a director of the Thai Private Equity & Venture Capital Association which he co-founded in 1989.
Mr. Paris was appointed to the Board of Directors on 27 December 2018 and became Managing Director on 1 November 2019. He is a specialist in investing in emerging markets closed end funds. He is currently a Director of LIM Advisors whose clients are a significant shareholder in the Company and as a result he is classified as a non-independent Director of the Company.
He is also a non-executive Director of London main board listed ASEANA Properties Limited, Dolphin Capital Investors Limited and Fondul Proprietatea S.A..
Audit Committee Chairman
Mr Gildemeister was appointed to the Board of Directors on 1 November 2019 and is co-founder and Managing Partner of All Myanmar Advisors, a Myanmar focussed corporate finance and strategy advisory boutique.
He has over 20 years’ leadership experience in successfully building, growing and restructuring businesses across industries, mostly in Asia. Before working in Myanmar, he was Managing Director and Asia-Pacific lead of CS Solution Partners for Credit Suisse, based in Hong Kong. He started his career at Nestlé where he held various brand management and business development functions in Hong Kong and South-East Asia, which included establishing Nestlé’s sales and marketing activities in Myanmar.
Mr Gildemeister is on the Harvard Business School Global Advisory Board and a Director of several private companies in Hong Kong and Myanmar. He holds a BSc in Economics from Bristol University and an MBA from the Harvard Business School.