GIC Advisor Emeritus
Advisor, GIC Investment Strategies Committee

Dr Martin L. Leibowitz is President of Advanced Portfolio Studies LLC. He is an advisor to the GIC Investment Strategies Committee and had served as an advisor on the GIC Risk Committee for more than 13 years until 31 March 2024. He previously was a Senior Advisor of Morgan Stanley. Prior to joining Morgan Stanley as a Managing Director in the Research Department, Dr Leibowitz was the Vice Chairman and Chief Investment Officer of TIAA-CREF, responsible for the management of more than US$300 billion in equity, fixed income, and real estate assets. He was also Director of Global Research at Salomon Brothers, and has received wide recognition for his writings on various financial topics and investment analysis. He now serves on the investment advisory committees of The Rockefeller Foundation, The Carnegie Foundation, the IMF Pension Fund, the American Academy of Arts and Sciences, and The Institute for Advanced Study. In 2021, he was conferred the Public Service Star Award in Singapore for his contributions in the areas of investment and policy portfolio management.

Dr Leibowitz holds both Bachelor of Arts and Master of Science degrees from the University of Chicago and a PhD in Mathematics from the Courant Institute of New York University.