As a Partner, Chad is a member of Mekong Capital’s Management Committee and Investment Recommendation Committee. Chad also is a member of the Board of Directors of Mekong Capital Holdings.
As a Deal Leader, Chad is responsible for long-term success of the investment in Red Wok and Pharmacity. Chad is also a member of the Board of Directors of Red Wok, ABA Corporation and Nhat Tin Logistic. Chad successfully led the exit of Golden Gate, Nam Long, Intresco and Traphaco. Chad specializes in restructuring, operations, and managing for rapid growth.
Chad Ovel has over 20 years’ experience leading value growth in Vietnam. From 2000-2006, Chad worked at ScanCom Vietnam where he served in several roles, eventually becoming the Managing Director, responsible for over 6,000 employees. At ScanCom, Chad led the aggressive and innovative growth of the company from a turnover of US$15 million to a turnover of US$ 150 million, making it the largest furniture exporter in Vietnam in 2006. From 2006-2013, Chad worked at AA Corporation, where he was the Chief Executive Officer from 2008 onwards. AA Corporation, a former investee company of Mekong Capital from 2003 to 2011, has been Vietnam’s domestic market leader for interior furnishing and construction since 1993. Under Chad’s leadership, AA Corporation had several major breakthroughs including: revenue CAGR of 51%, EBITDA CAGR 60%, and a 12x increase in average annual revenue per employee.