28 Jun '11, 1am

Lim Hng Kiang appointed acting Chairman of GIC Real Estate: By Mustafa Shafawi | Posted: 28 June 2011 0921 hrs S...

Lim Hng Kiang appointed acting Chairman of GIC Real Estate: By Mustafa Shafawi | Posted: 28 June 2011 0921 hrs S...

SINGAPORE: The Government of Singapore Investment Corporation (GIC) on Tuesday announced that Trade and Industry Minister, Lim Hng Kiang, will be acting Chairman of GIC Real Estate. Mr Lim is currently a director of the company. This follows the resignation of former Deputy Prime Minister Tony Tan as GIC's Deputy Chairman and Executive Director effective July 1. GIC said Mr Ang Kong Hua will be Acting Chairman of GIC Special Investments. Mr Ang is currently a director of the company. The position of Executive Director will not be filled immediately. GIC said it will look for a suitable candidate who has the knowledge and experience, and also a clear appreciation of how the financial reserves under GIC management contributes towards the well-being of Singaporeans. GIC also said that the plans for senior management succession and investment development, including its increas...

Full article: http://www.channelnewsasia.com/stories/singaporelocalnews...

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