GIC: New senior appointments

New appointments have been announced at the Government of Singapore Investment Corporation (GIC) taking effect April 1.

Dr Jeffrey Jaensubhakij, Mr Lim Kee Chong and Mr Ang Eng Seng have all worked at GIC for many years.

Dr Jaensubhakij, 46, will be appointed President of GIC Asset Management, which manages public market investments in GIC.

He takes over from Mr Lim Chow Kiat who will concentrate on his role as the Group Chief Investment Officer. Mr Lim took on this role on Feb 1.

Dr Jaensubhakij will give up his President (Europe) post and return from London to Singapore.

Mr Lim Kee Chong, 52, will be appointed Deputy Group Chief Investment Officer. He is currently Deputy President of GIC Asset Management and Director of Global Equities. He will concurrently be the Director of Integrated Strategies in GIC.

The Integrated Strategies Group was formed a year ago to facilitate group-wide investments by sourcing, evaluating and coordinating investments which are cross-asset class in nature.

Mr Ang Eng Seng, 50, will succeed Dr Jaensubhakij as President (Europe), and be based in London. He will also assist Mr Lim Kee Chong in pursuing investment opportunities for ISG.