Singapore’s sovereign wealth fund Temasek has expanded its Board of Administrators with the appointment of two senior enterprise leaders, Tan Chong Meng and Geoffrey Wong. Their inclusion is predicted to additional improve the strategic steerage supplied to the corporate’s administration.
Tan Chong Meng, whose appointment turned efficient on 1 April 2024, brings a wealth of expertise from a distinguished 40-year profession. He has held vital roles in each the private and non-private sectors, most notably serving because the Group Chief Govt Officer of PSA Worldwide (PSA) for 12 years.
Past his tenure at PSA, Tan’s profession contains management positions on the Royal Dutch Shell Group and early work with the Ministry of Nationwide Growth.
He’s additionally actively concerned in numerous capacities, together with as Chairman of Jurong City Company (JTC) and Deputy Chairman of the Nationwide College Well being System (NUHS) board.
In 2020, Tan was appointed Co-Chair of the Rising Stronger Taskforce, aimed toward steering Singapore’s financial resurgence post-COVID-19.
Set to hitch the board on 10 Might 2024, Geoffrey Wong has a background in Laptop Science and Electrical Engineering, complemented by an in depth profession in funding administration.
Till his retirement in Might 2023, Wong was the Head of Rising Markets and Asia-Pacific Equities at UBS World Asset Administration, overseeing groups and methods throughout a number of areas.
His profession additionally contains co-founding Koeneman Capital Administration, a precursor to a big “quant” funding administration entity acquired by DBS Asset Administration.
Lim Boon Heng
Temasek Holdings’ Chairman, Lim Boon Heng mentioned,
“Chong Meng and Geoffrey are each recognised leaders of their fields and professions. They are going to convey a superb mixture of working and funding capabilities to enrich the present board and assist Temasek in reaching its portfolio and institutional priorities. We stay up for their contribution as a member of our board.”
