GIC has appointed Tay Lim Hock as chief operating officer (COO) following the retirement of Goh Kok Huat, who is stepping down after a decade with the Singapore sovereign wealth fund, the firm said on Monday. Read more at The Business Times.
GIC has appointed Tay Lim Hock as chief operating officer following the retirement of Goh Kok Huat, who is stepping down after a decade with the Singapore sovereign wealth fund, the firm said on Monday.
Mr Goh will become a GIC adviser until June 30, 2020. He first took on the role of COO in April 2014, concurrent with his real estate portfolio. He joined GIC in 2009 and was appointed president, real estate in 2011. Separately, Leslie Teo, GIC’s chief economist and director, economics and investment strategy, will also be retiring, having joined GIC in 2008. He too will continue as a GIC adviser until June 30, 2020.
Mr Bong began his career with GIC in Singapore, analysing risk and return expectations of investment strategies and asset classes, and advising the government on its long-term investment needs and risk tolerance. He was also a portfolio manager in GIC’s external manager department in New York, where he oversaw the North American equity and hedge fund book.
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