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Who We Are
GIC is one of the three investment entities in Singapore that manage Singapore's reserves, alongside the Monetary Authority of Singapore (MAS) and Temasek. We manage most of the Government’s financial assets, investing for the long term with an aim to preserve and enhance the international purchasing power of the funds placed in our care.
The reserves are a critical resource for Singapore’s future. First, they are a valuable buffer for unavoidable downturns. Second, a strong national balance sheet fosters investor confidence, enhancing the Singapore dollar’s resilience. Third, income from investing the reserves.
Singaporeans benefit from the returns of GIC, as well as those of MAS and Temasek. The Net Investment Returns Contribution (NIRC), estimated to be S$21.56 billion in Financial Year (FY) 2022, has allowed the Government to make further investments for the long term, such as in education, R&D, healthcare, and improving our physical environment.
The Group Executive Committee is GIC’s highest management body, comprising our functional and investment heads. It deliberates on management proposals on investment and risk issues before submission to relevant Board Committees and the Board itself.
The Committee also oversees all major business, governance, and policy issues concerning the group as a whole.
Lim Chow Kiat
Chief Executive Officer
Dr Jeffrey Jaensubhakij
Group Chief Investment Officer
Sam Kim
Chief Operating Officer
Bryan Yeo
Deputy Group Chief Investment Officer and Director, Integrated Strategies
Jin Yuen Yee
Chief Risk Officer
Deanna Ong
Chief People Officer
Liew Tzu Mi
Chief Investment Officer, Fixed Income & Multi Asset
Choo Yong Cheen
Chief Investment Officer, Private Equity
Tay Lim Hock
Senior Managing Director
Lim Kee Chong
Senior Managing Director
The Global Leadership Group (GLG) is a select group of Managing Directors who hold enterprise leadership roles in GIC. They lead significant parts of the business, drive our most important cross-functional efforts, and come together regularly to discuss enterprise-wide strategic topics.
People are the heart of GIC. Our investment professionals manage the reserves for the long term in partnership with our business professionals. Regardless of role or function, we are one GIC team — united in the common pursuit of investing for Singapore.
Established in 1981, GIC was the brainchild of Dr Goh Keng Swee, then Deputy Prime Minister and Chairman of the Monetary Authority of Singapore. Dr Goh was a singular man, whose bold vision continues to drive a secure financial future for Singapore.
“There is no real secret about the way in which most nations and individuals grow rich. They must save a good part of their income, wisely and profitably invested. The more you save and the more wisely you invest, the faster you get rich.”
Dr Goh Keng Swee
Deputy Chairman, GIC (1981-1994)
Use sound judgment to take appropriate and informed risks.
Treat everyone with dignity. Value the perspectives and work of others.
Be honest, ethical, and trustworthy. Do what’s right.
Reward both achievements and behaviours equitably.
Deliver best-in-class outcomes with professional pride. Strive to be the best you can be.
Mr Lee Kuan Yew
Founding Chairman, GIC (1991-2011)
The Government, represented by the Ministry of Finance (MOF), sets the investment objective, risk parameters, and investment horizon for the portfolio. It also ensures a competent board of directors is in place.
The GIC Board is responsible for the Policy Portfolio that determines GIC’s long-term asset allocation and is accountable to the Government for the overall performance of the portfolio.
The GIC Management is responsible for formulating and executing investment strategies, and for individual investments. The Management also reports to the Government on the risk and performance of the portfolio.
Through diversity, equity, and inclusion efforts, we put our corporate values of Prudence, Respect, Integrity, Merit, and Excellence (PRIME) into practice. The way we work is founded deeply on respect for one another and with a clear sense of purpose. We believe every individual brings unique diversity of thought to meaningfully enrich the perspectives of GIC teams and drive competitive performance. When diverse teams feel included, we build shared belonging to one another and to GIC.
We believe that companies with good sustainability practices will offer prospects of better risk-adjusted investment returns over the long term.
GIC’s investment capital supports the enterprises and stakeholders that we invest in for the long term. This approach extends to our community programmes, which seek to build more confident and inclusive communities.
We work closely with like-minded organisations, enabling impactful programmes that support the development of our beneficiaries’ skills and confidence.
We have a strong emphasis on continual learning within GIC, adopting a growth mindset when it comes to developing our people. We apply the same approach externally, creating customised experiences that promote the understanding of long-term investing among youths in Singapore and beyond.
Established in 2016, GIC Insights is GIC’s flagship thought leadership event that convenes global business leaders to deliberate over long-term issues pertinent to the international business and investment community.
The Bridge Forum is a unique platform that explores technological disruption and innovation. Since 2018, Bridge Forum has convened global business leaders and technology trailblazers to connect, share exclusive insights, and develop investment opportunities.
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