Singaporean Robin Hu, the chief executive of South China Morning Post (SCMP) is stepping down from his position to join investment company Temasek.
Mr Hu will be the joint head of Temasek's sustainability and stewardship group - a new senior leadership role - with effect from Dec 1.
He will serve alongside Ms Cheo Hock Kuan, the current head.
The group was created to lead Temasek's initiatives around the themes of sustainability and stewardship.
Mr Hu, who became SCMP chief executive in July 2012, will remain a director of the SCMP board. He oversaw the sale of the company to Chinese e-commerce giant Alibaba, which bought the newspaper from the Kuok Group in April.
Mr Hu, 57, was previously senior executive vice-president of Singapore Press Holdings, overseeing the Chinese newspaper division.
He was with the Economic Development Board, based in Shanghai and Suzhou. He was also with Asiacontent.com where he launched many vertical portals, including China.CNET.com.
A Temasek spokesman said Mr Hu "brings a wealth of business experience to Temasek".
In a letter announcing his decision to staff, Mr Hu said he could not ignore the "significant opportunity" with Temasek, which he did not name, SCMP reported.
Correction note: An earlier version of the story stated that Robin Hu will be joining Temasek Holdings. This is incorrect as Mr Hu is joining Temasek International.