5 October 2015 – GIC, Singapore’s sovereign wealth fund, has been appointed to the board of the International Forum of Sovereign Wealth Funds (IFSWF), a global network of sovereign wealth funds (SWFs) established in 2009 to exchange views on issues of common interest and to facilitate an understanding of SWF activities and the Santiago Principles.

GIC is represented on the IFSWF board by Deanna Ong, Managing Director, and the appointment is for a three-year term, with effect from 30 September 2015.

By serving on the IFSWF board, GIC – as one of the early architects of the Santiago Principles – can play an even more active role to promote the principles, as well as facilitate understanding of the value SWFs bring to the investment community. It is a privilege for GIC to be able to contribute to this global platform.