SINGAPORE - Investment company Temasek is making its biggest management changes since Mr Dilhan Pillay took over as chief executive a year ago.
The changes are part of the “succession planning for key leadership positions within the firm, which will see the evolution of the senior leadership team that will carry Temasek through our 2030 journey and beyond”, a spokesman said in the statement. Ms Leong will remain at the company as president of Singapore markets. More than a fifth of its assets are based in China, which has had a challenging year due to Covid-19 restrictions and crackdowns on sectors including real estate and technology.
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By Justina Lee Temasek Holdings has reshuffled some of its top executives as part of an organizational review that will see Chief Financial Officer Leong ...
Tan will continue to stay connected to the firm in an advisory capacity, Temasek said. President Tan Chong Lee, meanwhile, will head up Temasek's wholly-owned investment unit, 65 Equity Partners, as chief executive officer. Leong will stay on at the company as president for the Singapore market, and will be succeeded as CFO by the current deputy chief financial officer, Png Chin Yee, on Jan.
Singapore's Temasek Holdings' chief financial officer Leong Wai Leng and president Tan Chong Lee are stepping down from their respective roles at the state ...
The changes at Temasek are its biggest since Dilhan Pillay Sandrasegara took over as CEO last year. President Tan Chong Lee will assume the role of CEO at 65 Equity Partners, a wholly-owned subsidiary of Temasek. “Temasek undertakes regular organisational reviews to evolve and align our organisation structure and capabilities towards our various strategic initiatives.
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