GIC Advisor Emeritus

Dr Martin L. Leibowitz is President of Advanced Portfolio Studies LLC. He has been a valued advisor to GIC from 2009  to 2026, serving on the GIC Investment  Strategies  Committee, GIC Risk Committee, and GIC International  Advisory  Board during this period. He was previously 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.