Singapore, September 25, 2023 – GIC announces the appointment of Mr Lawrence Wong, currently GIC Director, as Deputy Chairman. The appointment is effective 1 October 2023.

Mr Wong has been a GIC Director and Chairman of the Investment Strategies Committee (ISC) since 1 November 2018 and 7 July 2023 respectively. As Deputy Chairman, Mr Wong will assist the Chairman to lead the Board in overseeing GIC’s long-term asset allocation and portfolio performance.

Mr Wong is currently Singapore’s Deputy Prime Minister and Minister for Finance. He is the Chairman of the Monetary Authority of Singapore, and Chairman of Singapore Economic Development Board’s International Advisory Council. He is also a member of the Future Economy Council, the Research, Innovation and Enterprise Council and the National Research Foundation Board.