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Ex-Temasek Holdings president Simon Israel joins Westpac's Asia Advisory Board

Published on Apr 8, 2014 1:10 PM
Former Temasek Holdings president Simon Israel. -- ST FILE PHOTO: MUGILAN RAJASEGERAN 

Former Temasek Holdings president Simon Israel has been appointed to the newly established Asia Advisory Board of Australia's Westpac Banking Corporation.

Mr Israel will be the board's second non-executive member, Westpac said in a press release on Tuesday.

He joins Mrs Lim Hwee Hua, Singapore's former Second Minister for Finance and Transport, who was appointed to the board soon after its establishment in November last year. The board's purpose is to advise the bank's management on its strategy in Asia.

Mr Israel was a board member of Temasek Holdings from 2005 and served as the investment agency's president between 2010 and 2011, before retiring in July 2011. Mr Israel was appointed chairman of SingTel in 2011.

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