Governance

Human Resource & Organization Committee

The Human Resource & Organization Committee discharges the Board’s responsibilities relating to the evaluation and approval of GIC’s compensation policies for the group and senior management, Managing Directors Scheme and succession planning for key man appointments, as well as oversees organizational development.

Chairman

Director, GIC Board
Chairman, GIC Human Resource & Organization Committee
Deputy Chairman, GIC Investment Strategies Committee

 

Peter Seah Lim Huat is the Chairman of DBS Group Holdings. He chairs GIC’s Human Resource and Organization Committee, and is Deputy Chairman of the Investment Strategies Committee. He heads the boards of Singapore Airlines, Singapore Health Services, LaSalle College of the Arts, and chairs the National Wages Council. He was a banker for 33 years before retiring as Vice-Chairman and CEO of the former Overseas Union Bank in 2001. He was also President and CEO of the Singapore Technologies Group. Mr Seah also serves on the boards of Fullerton Financial Holdings and STT Communications.

 

Mr Seah graduated from the University of Singapore with a degree in Business Administration.

Peter Seah Lim Huat
Chairman
DBS Group Holdings Ltd

Members

Director, GIC Board
Chairman, GIC Audit Committee
Member, GIC Human Resource & Organization Committee

 

Chew Choon Seng chairs the GIC Audit Committee and is a member of the Human Resource and Organization Committee. He was the CEO of Singapore Airlines from 2003 till his retirement in 2010, and a Governor of the International Air Transport Association from 2003 to 2010 and its Chairman in 2006 to 2007. He was a Board director of the Singapore Exchange from 2004 and its Chairman from 2011 to 2016, and Chairman of the Singapore Tourism Board from 2011 to 2016. In 2017, he was appointed Chairman of the Council assigned to review Singapore’s Code of Corporate Governance.

 

Mr Chew graduated with a Bachelor of Mechanical Engineering (First Class Honours) from the University of Singapore. He also has an MSc in Operations Research and Management Studies from the Imperial College of Science and Technology, University of London.

Chew Choon Seng
Former Chairman
Singapore Exchange Ltd

Director, GIC Board
Member, GIC Investment Board
Member, GIC Human Resource & Organization Committee

 

Hsieh Fu Hua is the Co-Founder and Advisor to PrimePartners Group. He is a member of the GIC Investment Board and the Human Resource and Organization Committee. He also serves on the boards of several non-profit organizations. He is President of National Council of Social Service, Chairman of National Gallery Singapore, and Stewardship Asia Centre. He chairs the Board of Trustees of National University of Singapore, and has recently been appointed Chairman-designate to National University Health System. Mr Hsieh started his career in merchant banking and capital markets in 1974 when he joined Morgan Grenfell Asia Holdings upon graduation, eventually rising to head the organization. Subsequently he served as Group Managing Director of BNP Prime Peregrine Group Hong Kong, CEO of Singapore Exchange and President of Temasek Holdings. He also served as Chairman of UOB Group.

 

Mr Hsieh holds a Bachelor of Business Administration (Honours) from the University of Singapore.

Hsieh Fu Hua
Co-Founder and Advisor
PrimePartners Group

Director, GIC Board
Member, GIC Audit Commitee
Member, GIC Human Resource & Organization Committee

 

Gautam Banerjee is a Senior Managing Director and Chairman of Blackstone Singapore. He sits on the GIC Audit as well as the Human Resource and Organization Committees. Before joining Blackstone, Mr Banerjee spent over 30 years with PricewaterhouseCoopers, serving as Executive Chairman of PwC Singapore for nine years until he retired in 2012. He serves on the boards of Singapore Airlines, Singapore Telecommunications Ltd, Piramal Enterprises, and The Indian Hotels Company Limited, and is also the Vice-Chairman of the Singapore Business Federation.

 

Mr Banerjee has a BSc (Honours) in Accounting and Financial Analysis from the University of Warwick. He is a Fellow of the Institute of Chartered Accountants in England and Wales, the Institute of Singapore Chartered Accountants and the Singapore Institute of Directors.

Gautam Banerjee
Senior Managing Director and Chairman
Blackstone Singapore