Governance

Investment Board

The Investment Board assists the GIC Board in its oversight of GIC’s investment process.

Chairman

Director, GIC Board
Chairman, GIC Investment Board
Member, GIC Investment Strategies Committee

 

Ang Kong Hua is the Chairman of Sembcorp Industries. He chairs the GIC Investment Board and sits on the Investment Strategies Committee. He has helmed several of Singapore’s biggest companies, bringing years of experience spanning the manufacturing, services and financial sectors. Mr Ang started his career at the Economic Development Board. He then joined DBS Bank at its inception in 1968 and pioneered its investment banking division. From 1974, he was CEO of NSL (formerly NatSteel) until he retired in 2003, and stayed as its Executive Director until 2010. He was previously Chairman of Singapore Telecommunications and Singapore Post, Vice-Chairman of Neptune Orient Lines, and a Director of DBS Bank, CIMC Raffles Offshore (Singapore) and k1 Ventures.

 

Mr Ang holds a Bachelor of Science (Honours) in Economics from the University of Hull.

Ang Kong Hua
Chairman
Sembcorp Industries Ltd

Members

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

 

Hsieh Fu Hua is Co-Founder and Advisor to the PrimePartners Group, Chairman of Asia Capital Reinsurance Group Pte Ltd and a director of Grab Holdings Inc. 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 chairs the National University of Singapore, the National University Health System, and the National Gallery Singapore. Previously, he was President of the National Council of Social Service and Chairman of Stewardship Asia Centre. 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. He subsequently served as Group Managing Director of BNP Prime Peregrine Group Hong Kong, CEO of Singapore Exchange, President of Temasek Holdings, Chairman of Tiger Airways, and Chairman of United Overseas Bank.

 

Mr Hsieh is an alumnus of the NUS Business School.

Hsieh Fu Hua
Co-Founder and Advisor
PrimePartners Group

Member, GIC International Advisory Board
Member, GIC Investment Board
Advisor, GIC Investment Strategies Committee

 

G. Leonard Baker is a Partner in Sutter Hill Ventures. He advises GIC’s Investment Strategies Committee and sits on the Investment Board. He was a trustee of Yale University, where he chaired the Finance Committee and served on the Yale Investment Committee from 1990 to 2015. Mr Baker is a board member of Stanford Management Company, advises the David and Lucile Packard Foundation Investment Committee, and is a board member of the US Environmental Defense Fund. He is also a member of the Board of Trustees of Berklee College of Music in Boston. In 2005, he was conferred the Public Service Star Award in Singapore for his contributions in the areas of education and investment management.

 

Mr Baker holds a Bachelor of Arts in Mathematics from Yale and a Master in Business Administration from Stanford.

G. Leonard Baker
Partner
Sutter Hill Ventures

Member, GIC International Advisory Board
Member, GIC Investment Board

 

Léon Bressler is the Managing Partner of Aermont Capital LLP, formerly Perella Weinberg Real Estate UK LLP, since its inception in 2007. He is a member of the GIC Investment Board. Prior to joining Perella Weinberg Partners, Mr Bressler was the Chairman and CEO of Unibail (now Unibail-Rodamco). Under his leadership, Unibail grew to become Europe’s largest real estate investment trust. Mr Bressler began his career with Chase Manhattan Bank in Paris, before joining the Midland Bank Group where he became the Chairman of the Executive Board of Midland Bank SA. He has also held positions as CEO of the Lanvin Group and Managing Partner of Worms & Cie.

 

Mr Bressler is a graduate of the Institut d’Etudes Politiques de Paris and has a degree in Law.

Léon Bressler
Managing Partner
Aermont Capital

Director, GIC Board
Member, GIC Investment Board

 

Koh Boon Hwee is the Chairman of Credence Partners Pte Ltd. He sits on the GIC Investment Board. He is also the Chairman of Sunningdale Tech, Far East Orchard, Rippledot Capital Advisers, the Securities Industry Council and Agilent Technologies. He started his career in 1977 at Hewlett-Packard and rose to become its Managing Director in Singapore from 1985 to 1990. From 1991 to 2000, he was Executive Chairman of the Wuthelam Group. Mr Koh was also the Chairman of Singapore Telecom, Singapore Airlines and DBS Bank at various times.

 

Mr Koh holds a Bachelor’s Degree (First Class Honours) in Mechanical Engineering from the Imperial College of Science and Technology, University of London, and a Master in Business Administration (Distinction) from Harvard Business School. He also received an honorary doctorate from Imperial College London.

Koh Boon Hwee
Chairman
Credence Partners Pte Ltd

Member, GIC International Advisory Board
Member, GIC Investment Board
Advisor, GIC Investment Strategies Committee

 

Glenn Hutchins is Chairman of North Island and a co-founder of Silver Lake. He is a director of AT&T and of Virtu Financial; Co-Chairman of the Brookings Institution and CARE; on the Executive Committee of the Boston Celtics Basketball Team and the Obama Foundation; and a board member of the Federal Reserve Bank of New York, the New York Presbyterian Hospital and the Center for American Progress.

 

He also founded the Hutchins Family Foundation to manage his philanthropic initiatives in academic research and public policy. Previously, Mr Hutchins served President Clinton in both the transition and the White House as a special advisor on economic and health-care policy.

 

Mr Hutchins holds an A.B. from Harvard College, an M.B.A. from Harvard Business School, and a J.D. from Harvard Law School.

Glenn Hutchins
Chairman
North Island