Leadership

Executive Management

The Group Executive Committee is the highest management body in GIC, bringing together our functional and investment heads. It deliberates on management proposals on investment and risk issues before their submission to relevant Board Committees and the Board itself. The Committee’s oversight is also sought for all major business, governance and policy issues concerning the group as a whole.

Director, GIC Board

 

Lim Chow Kiat was appointed Chief Executive Officer on 1 January 2017. He was previously Group Chief Investment Officer of GIC and Deputy Group President. He joined GIC as a portfolio manager upon graduation in 1993 and subsequently rose to head the Fixed Income, Currency and Commodities Department. He was President, Europe in 2009, overseeing investments and relationships in Europe, Africa and the Middle East before his appointment as President of GIC Asset Management in 2011. Mr Lim is the Chairman of Wealth Management Institute and serves on the boards of Nanyang Technological University, National Research Foundation, Enterprise Singapore and FCLT Global. He is also a member of Agence France Trésor’s Strategic Committee and International Advisory Council of Mizuho Financial Group.

 

Mr Lim holds a First Class Honours degree in Accountancy from Nanyang Technological University, Singapore.

Lim Chow Kiat
Chief Executive Officer

 

Director, GIC Board

 

Dr Jeffrey Jaensubhakij was appointed as Group Chief Investment Officer on 1 January 2017. He joined GIC in 1998 as a Senior Economist covering the US economy. He has held asset allocation portfolio responsibilities as Co-Head of Asset Allocation Strategy in the Economics and Strategy Department, and from 2003 to 2011 was Head of Total Return Equities and the US Equities teams based in GIC’s New York Office. In 2011, he was appointed President, Europe, responsible for coordinating GIC’s investment activities in Europe across public and private asset classes. He was appointed President, Public Markets and Director of Public Equities in 2013, and Deputy Group Chief Investment Officer in 2016.

 

Dr Jaensubhakij holds a BA in Economics from Cambridge University, as well as a Masters and a PhD in Economics from Stanford University.

 

Dr Jeffrey Jaensubhakij
Group Chief Investment Officer

Lim Kee Chong has been GIC’s Deputy Group Chief Investment Officer and Director of Integrated Strategies Group since April 2013, and is currently based in GIC’s New York Office. He is concurrently President (Americas). He joined GIC in 1987, and built his career in the Equities Department. He was appointed Head of global equities in July 2010. In his tenure at GIC, he has managed portfolios running the gamut of developed market equities, as well as global sector and global equities portfolios. As Director of Integrated Strategies, he heads a unit that looks at opportunities in both public and private companies.

 

Mr Lim graduated with an Economics degree from the University of Tokyo, where he studied under a government scholarship.

Lim Kee Chong
Deputy Group Chief Investment Officer
President (Americas)

Tay Lim Hock joined GIC’s Asian Private Equity (PE) team in 1995. He was posted to London (2000) as Head PE Europe and to San Francisco (2003) as Head PE US. He became Global Head of the Funds and Co-Investment Group in 2008, Deputy President of PE & INFRASTRUCTURE in 2010, and President in 2011. In January 2017, Mr Tay returned to London as President (Europe), and as Deputy Group Chief Investment Officer. Prior to GIC, he worked as an Aeronautical Engineer with the Republic of Singapore Air Force.

 

Mr Tay graduated from I’Ecole Nationale de I’Aviation Civile (ENAC) in Toulouse, France, with a Masters in Aeronautical Engineering in 1987, and completed the Stanford Executive Program in 2004.

Tay Lim Hock
Deputy Group Chief Investment Officer
President (Europe)

Goh Kok Huat has been GIC’s Chief Operating Officer since April 2014. He was appointed as Advisor of GIC Real Estate on 1 January 2017, after stepping down from President, GIC Real Estate, a role he took on in July 2011. He joined GIC Real Estate in 2009 as Managing Director, Asia – Investment Management. Mr Goh joined GIC from Tishman Speyer in New York, where he headed the firm’s emerging markets portfolio management, before being appointed Managing Director of equity capital markets. Prior to that, he was with the Ascendas Group, where he held various senior appointments including COO of the Group, CEO of Ascendas-MGM, CEO of Singapore Operations, CEO of India Operations and CEO of Bangalore IT Park. He spent 10 years in the military upon graduation.

 

Mr Goh has a BA in Economics from Cambridge University.

Goh Kok Huat
Chief Operating Officer

Dr Chia Tai Tee is Chief Risk Officer at GIC. Before his appointment in July 2011, he served as Deputy Chief Risk Officer and Director of Risk and Performance Management Department. He has held various positions in economics and strategy, foreign exchange, and quantitative investments. Dr Chia sits on the EDHEC-Risk Institute International Advisory Board, chairs the People’s Association Investment Advisory Committee, is a member of the Tote Board Investment Committee, Singapore Institute of Technology endowment fund Investment Committee as well as the Ministry of Home Affairs Pension Plan Board of Trustees, and its Risk and Audit Committee. Prior to joining GIC in 1994, he was a lecturer at the National University of Singapore.

 

Dr Chia graduated with a degree in Economics from the University of Adelaide and holds a PhD from Australian National University.

Dr Chia Tai Tee
Chief Risk Officer

Dr Leslie Teo is GIC’s Chief Economist and Director of Economics & Investment Strategy. He joined GIC from the International Monetary Fund, where he was Deputy Division Chief and Assistant to the Director of the Asian Department. Dr Teo started his career as an economist at the IMF in 1996, and has also served at the Monetary Authority of Singapore. He joined GIC as a senior investment manager in the Economics & Strategy Department in 2008. He headed GIC’s Asian/Emerging Market Research and Strategy team before being appointed Deputy Director of the Economics & Investment Strategy Department.

 

Dr Teo has a BA in Economics from the University of Chicago, an MA in Economics, and a PhD in Economics and Finance from the University of Rochester.

Dr Leslie Teo
Chief Economist
Director, Economics & Investment Strategy

Ms Wu Choy Peng was appointed GIC’s Chief Technology Officer on 14 August 2017 to provide integrated oversight for technology and data analytics. Before joining GIC, she was Group Chief Information Officer of Singapore Telecommunications Limited (Singtel). From 2006 to 2012, she was Group Chief Information Officer of Neptune Orient Lines Group. Prior to that, she held various senior appointments including the Singapore Government’s Chief Information Officer, Deputy Chief Executive (Industry) of the Infocomm Development Authority (IDA) and Chief Information Officer of the Ministry of Education (MOE). She spent 10 years at the National Computer Board (NCB) upon graduation.

 

Ms Wu holds a Bachelor of Science (Hons) degree in Computer/Communication Science/Mathematics and a Master of Science in Computer Science/Engineering, both from the University of Michigan, Ann Arbor.

Wu Choy Peng
Chief Technology Officer

Deanna Ong was appointed Chief People Officer in April 2017 to oversee human capital strategy, talent management, leadership and organization development in GIC. She has been responsible for Human Resource & Organization and Corporate Governance since 2012. Ms Ong was Director, Finance from 2009 to 2014, during which she headed the Finance Group responsible for financial management across GIC’s portfolio, covering financing arrangements for assets, tax planning, investment holding structures, accounting and management of group revenue and expenditure. Prior to joining GIC in 1994, she was a tax accountant with Arthur Andersen. Ms Ong is currently a board member of the International Forum of Sovereign Wealth Funds.

 

Ms Ong holds a Bachelor of Accountancy from the Nanyang Technological University of Singapore, and has completed the Stanford Executive Program.

Deanna Ong
Chief People Officer

 

Lim Siong Guan is a Professor in the Lee Kuan Yew School of Public Policy and Advisor to the Group Executive Committee of GIC. He was the Group President of GIC from 2007 to 2016, and a former Head of the Civil Service, Chairman of the Economic Development Board, and Permanent Secretary variously in the Ministries of Defence, Education, Finance, and the Prime Minister’s Office. He founded a charity, Honour (Singapore), to promote a culture of honour and honouring for the well-being of the nation, and co-authored two books with Joanne H. Lim, ‘The Leader, The Teacher & You’ and ‘Winning with Honour’.

 

Mr Lim had First Class Honours in Mechanical Engineering from the University of Adelaide, and has a Postgraduate Diploma in Business Administration from the National University of Singapore.

Lim Siong Guan
Advisor