GIC promotes group CIO to CEO in reshuffle
Lim Chow Kiat rises to the top at the Singapore state fund, with group president Lim Siong Guan to retire. Jeffrey Jaensubhakij will become group CIO, amid other leadership changes.
Singapore sovereign wealth fund GIC has promoted group chief investment officer Lim Chow Kiat to the newly created role of chief executive, as part of a management reshuffle.
Group president Lim Siong Guan will retire and be appointed adviser to the group executive committee on January 1. He has led GIC since 2007.
Jeffrey Jaensubhakij will take over as group CIO, relinquishing his current role as deputy CIO and president for public markets.
All the changes will all take effe…
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