Director of Strategy and Innovation
Eddie Razak
Eddie is Dunecrest's Director of Strategy and Innovation and co-founder of the firm, where he oversees client engagements and partnerships and leads the development of the Dunecrest Foresight. His career has centred on a single recurring problem: how governments can get more out of the money they already spend on social and environmental outcomes. That has taken him from national innovation policy in Malaysia, to the design of outcome-based and co-funded financing instruments, to the sustainability data systems that let institutions demonstrate what their spending actually achieved.
At Dunecrest, Eddie serves as senior advisor to the firm's regional programme with the Global Green Growth Institute on strengthening private sector participation in Green Climate Fund investment across Jordan, Iraq, Lebanon, Palestine, and Oman. He provides regional insight and strategic guidance on climate finance, public policy, and donor relations, advises on engagement with national designated authorities and prospective direct access entities, and supports the policy alignment and institutional framing of the programme's outputs. He also advised on the strategy of the Morooj environmental foundation under Saudi Arabia's Ministry of Environment, Water, and Agriculture, an assignment focused on how the private sector and the non-profit ecosystem can be mobilised toward national climate and environmental goals, and on work for the Saudi Ministry of Energy examining how non-profit organisations can contribute to development of the energy sector.
Beyond Dunecrest, Eddie is chief executive of TellUs Report, a cloud platform for environmental, social and governance data management that tracks sustainability performance for reporting organisations. He also serves as a board member for group companies of Hatten Land Limited, listed on the Singapore Exchange, a property developer and operator of hotel, residential, and retail mall assets, where he provides financial and legal corporate advisory. He has been managing director of Terraquaero Capital since 2009.
Prior to Dunecrest, Eddie was founder and managing partner of Energe Networks, where he oversaw consulting projects across Saudi Arabia's social and environmental sectors for the Ministry of Human Resources and Social Development, the Ministry of Environment, Water, and Agriculture, the General Authority for Awqaf, and the National Center for the Development of the Non-Profit Sector. That portfolio included activating the Association Support Fund, which now serves hundreds of non-profit organisations with a budget exceeding one billion Saudi riyals, from concept through to the hiring and mentoring of its founding team; a twelve-month study of non-profit sector needs engaging more than sixty organisations across multiple regions of the Kingdom, which fed a blended finance model for a new social fund; and review of the operating model for an Awqaf bank intended to finance socio-economic infrastructure in Mecca and Medina. He was previously a senior advisor at Eden Strategy Institute, advising governments in Singapore, Malaysia, and Saudi Arabia on social policy.
His most substantial public-sector work was in Malaysia, where he served as executive vice president of Agensi Inovasi Malaysia, the national innovation agency under the Prime Minister's Department. There he contributed to the Eleventh Malaysia Plan, the government's five-year development blueprint, on inclusive growth and social financing, and designed a roadmap for shifting public expenditure toward outcome-based investment. He led the Social Progress Assessment, a study of more than five hundred indicators establishing the collective cost of social issues in Malaysia and the benchmarks against which impact could subsequently be measured, and briefed senior government councils on the findings. He went on to design and launch the country's Social Outcome Fund and a social public-private partnership fund matching government and private capital for social impact, introduced a results-based instrument for prevention programmes, and built a shared platform for non-profit funding and reporting. He also launched and coordinated the Malaysian Blue Ocean Strategy initiative, developing the strategic communication that brought the non-profit sector into the national economic development agenda. Earlier, he was the inaugural chief executive of the Malaysian Investor Relations Association, where he established the organisation and its media and public relations strategy from the outset.
Eddie holds bachelor's degrees in statistics and in finance from the University of Maryland, a Master in Public Management from the Lee Kuan Yew School of Public Policy in Singapore, and a fellowship in public policy from the Harvard Kennedy School. He holds a certificate in investor relations from the Investor Relations Society in the United Kingdom.
