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Teo Chee Hean to step down from GIC board ahead of Temasek move
The Straits Times
|June 11, 2025
Former senior minister Teo Chee Hean will step down from the GIC board and as chairman of its International Advisory Board on June 30, ahead of his appointment as Temasek's chairman.
Mr Teo has served on GIC's board for 14 years, having been appointed as a director in 2010 and later as chairman of the International Advisory Board in 2015.
He is set to join Temasek's board as deputy chairman on July 1, before taking over as chairman from Mr Lim Boon Heng on Oct 9.
Senior Minister Lee Hsien Loong, who is also chairman of GIC, said on June 10 that Mr Teo's insights on geopolitical developments and risks have guided GIC's global investment strategies and the development of its investment framework, as the sovereign wealth fund responded to an "increasingly complex global environment".
Dit verhaal komt uit de June 11, 2025-editie van The Straits Times.
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