GIC promotes from within to replace group CIO
Singapore's $220 billion Government Investment Corporation announces that deputy Lim Chow-Kiat will succeed long-serving Ng Kok-Song, who retires after more than 40 years.
Singapore sovereign wealth fund GIC has announced that Lim Chow-Kiat is being promoted to group chief investment officer, effective from February 1.
Previously group deputy CIO, he succeeds Ng Kok-Song, who retires after 42 years in management of the city-state’s foreign reserves. Ng will become an adviser to GIC in the role of chair of global investments.
Ng Kok-Song
In a published letter, GIC chairman and prime minister Lee Hsien Loong took the opportunity to thank Ng …
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