SINGAPORE - Singapore sovereign wealth fund GIC has created new senior investment positions in a bid to strengthen its investment capacity.
The firm has also expanded the portfolios of some senior leaders, it said on Thursday.
These new senior investment positions will be created from Jun 1:
- Mr Ang Eng Seng as chief investment officer for infrastructure, while continuing concurrently as President (Europe).
- Mr Choo Yong Cheen as chief investment officer for private equity
- Mr Lee Kok Sun as chief investment officer for real estate
- Ms Liew Tzu Mi as chief investment officer for fixed income
-Mr Bryan Yeo as chief investment officer for public equities
Existing senior leaders will also be taking on additional appointments from Jun 1, the company said in a release.
Group chief investment officer Lim Chow Kiat will be appointed deputy group president, while Dr Jeffrey Jaensubhakij will be appointed deputy group chief investment officer, while concurrently president for public markets.
"The new senior appointments enhance the development of a strong leadership bench for GIC, allowing us to build new investment capabilities and extend our investment and operating platforms," said GIC group president Lim Siong Guan.
"The appointment of chief investment officers reflect the maturing of GIC's investment talent, and strengthening of GIC's capacity to deal with an investment environment of lower returns, increased volatility, and greater uncertainty," he added.
