IA has full and unrestricted access to all records, properties and personnel to effectively perform its functions. He led the Enterprise Development Group to build new longer term growth engines, and focus on early-stage, innovative opportunities. Please enable JavaScript in order to get the best experience when using this site. Copyright Mediacorp 2023. Description of alleged misconduct* It is critical that you provide as much relevant information as possible, such as: By providing the information required in this form and clicking Submit, I consent to the collection, processing and disclosure of my personal data as specified in thePrivacy Statement. Temasek International Advisors Pte Ltd (Senior International Advisor) M+S Pte. Meritorious Service Medal for outstanding public service (2010) [42], In August 2020, Temasek Holdings added a 3.9 per cent stake in BlackRock Inc, worth about US$3.5 billion, becoming one of its largest shareholders. In June 2018, Temasek invested S$340 million in a minority stake in UST Global, a digital technology services company. Ho Ching has been very much part of this process. Twitter(@Temasek);
Temasek has had overall corporate credit ratings of Aaa/AAA by rating agencies Moodys Investors Service and S&P Global Ratings respectively, since our inaugural credit ratings in 2004. SINGAPORE, Sept 30 Temasek Holdings' chief executive officer (CEO) Ho Ching will be appointed to the board of directors of the state investment firm's philanthropic arm Temasek Trust when she steps down from her present role on Friday (Oct 1). The Board looks forward to working with him, as the owner of those responsibilities, and will support him and his team in whatever ways needed. Mr Lim said. This enables the CEO of Temasek Holdings to focus on its Stewardship responsibility both as an intergenerational investor, and a Fifth Schedule entity under the Singapore Constitution charged with protection of its own past reserves. Nge Kong's career in investment began at Macquarie Bank in the InvestmentBanking Group before he moved to Temasek Holdings, where he played a key roleintheir Corporate Finance team. Ltd. (formerly known as Ascendas-Singbridge Pte. Ltd.) (Chairman (Independent)) Relating to the President of Singapore and our shareholder
The LDCC is responsible for recommending Board and management leadership plans to the Temasek Board. He has also led various market teams including Singapore, the US and Americas. The Shanghai Commercial & Savings Bank Limited (Chairman and Managing Director) Mr Lee responded: I am very pleased about Dilhans appointment. About Temasek Holdings has 43 current employee profiles, including Executive Director & CEO Ho Ching.
Our Leadership - Temasek These include Board and CEO succession, as well as guidelines and policies on performance measurement and compensation plans. Ho Ching believes we have a stake in the well-being of our communities and the responsibility to exercise good stewardship through our contributions. CLA Real Estate Holdings Pte. He is the Chairman of Ayala Corporation since April 2006. WeChat (temasek_digital). He played an instrumental role in setting up initiatives such as Heliconia Capital and Clifford Capital. To continue, upgrade to a supported browser or, for the finest experience, download the mobile app. [45][46], In 2021, Temasek invested in cryptocurrency exchange FTX. We're sorry, but there was an error processing your request. Temasek Trust has enabled a steady and sustainable support for Temasek Foundation and other initiatives to deliver vitally important programmes in the communities in Singapore and around Asia.. Founding Director of National Cancer Centre Singapore, Ex Senior Vice Dean (Clinical, Academic and Faculty Affairs) at Duke-NUS Graduate Medical School Singapore and Ex Deputy Group Chief Executive Office (Research and Education) at Singapore Health Services. T. (65) 6955 9999. She has laid out and consistently applied the standards we expect of companies, and of ourselves as an owner. Beginning in 2015, Temasek began making large investments in agricultural and agricultural-related companies and ventures. For more details about cookies and how to manage them see our cookie policy. Lynn S Beedle Lifetime Achievement Award, Council on Tall Buildings and Urban Habitat (2016) Master of Science in Advanced Mechanical Engineering (Distinction), Imperial College London, UK, Date of appointment as a Director:1 January 2022, Board committees served on Member of the Institute of Singapore Chartered Accountants, Date of appointment as a Director: 21 September 2021, Board committees served on IA has full and unrestricted access to all records, properties and personnel to effectively perform its functions. Ltd.) (Independent Director)) CLA Real Estate Holdings Pte. 2 CapitaLand Commercial Trust was delisted from the Official List of the Singapore Exchange Securities Trading Limited on 3 November 2020. Ajay Banga and Dilhan Pillay Sandrasegara joined the Board on 1 October 2021, while Jenny Lee, Tan Chee Meng and Jaime Augusto Zobel de Ayala, joined the Board on 1 January 2022. CapitaLand Commercial Trust Management Limited (Manager of CapitaLandCommercial Trust2) For more details about cookies and how to manage them see our cookie policy. Madam Ho Ching (pictured) will take over Mr S Dhanabalan as chairman of Temasek Trust from April 2022. Temasek Trust was set up in 2007 to give governance and financial oversight of Temaseks philanthropic endowments that fund the work of beneficiaries such as non-profit Temasek Foundation and Temasek Life Sciences Laboratory. Lifetime Achievement Award in 2021 (Hotel Investment Conference Asia Pacific - HICAP).
I have worked closely with him for some years now, and know he brings the right values and commitment to the role. Our Board and management ensure compliance with the rules and regulations wherever we have investments or operations. He was the Chief Executive Officer of Ayala Corporation from 2006 to April 2021. To explore Temasek Holdingss full profile, request access. To ensure its independence, IA reports functionally to the AC and administratively to the office of the CEO of Temasek Holdings.
Ho Ching joins Temasek Trust board on Oct 1, to be chairman in - TODAY With effect from 1 . It is neither a government agency nor a statutory board. In continuing our mission to generate long term sustainable returns beyond our current generation, core to our success will be our commitment to build a better, more sustainable world. Like any other commercial company, Temasek pays taxes that contributes to government revenue in the countries it operates in, distributes dividends to its shareholder and has its own board of directors and a professional management team. Bachelor of Accounting (Honours), University of Kent at Canterbury
Cayce Denton - Director @ Temasek Holdings - Crunchbase Retiring Temasek CEO Ho Ching to be Temasek Trust Chairman We will make further appointments in coming months that will continue to build the capabilities that the board has among its members. TODAY, Madam Ho Ching (pictured) will take over Mr S Dhanabalan as chairman of Temasek Trust from April 2022. In addition to Temasek, the Government of Singapore also owns GIC Private Limited, a traditional SWF which manages about US$744 billion (S$1.006 trillion) of assets as of 2022[17][18] and the compulsory pension programme Central Provident Fund (CPF) with assets of US$397 billion (S$540 billion),[19] giving a total AUM of US$1.64 trillion. Ho Ching joined Temasek in 2002 and was appointed CEO in 2004.
Temasek is a company incorporated in Singapore, and operates under the provisions of the Singapore Companies Act. Ltd. (formerly known as Ascendas Singbridge Pte. Audit and Risk Committee (Chairman) Mr Ajay Banga, executive chairman of Mastercard, will join the board on Friday, Ms Jenny Lee, managing partner at venture capital firm GGV Capital, will be appointed on Jan 1 next year. Temasek purchased 30 per cent of Haldor Topsoe's shares in March 2019. For instance, Temasek Trust has seeded impact investing in recent years as a key element for the managing of philanthropic capital. Temasek is an investment company with a net portfolio value of S$306 billion as at 31 March 2020. [48], In February 2022, Temasek led a $200 million fundraising round for a Singaporean cryptocurrency financing company, Amber Group. Ascott Residence Trust is a stapled group comprising Ascott Reit and Ascott BT with effect from 31 December 2019.
Retiring Temasek CEO Ho Ching to be Temasek Trust Chairman - Yahoo News Temasek Holdings said that the appointments are part of a transition process following the recent retirement of former director Goh Yew Lin and the forthcoming retirements of Mdm Ho and Mr Robert Ng from the board. The RSC supports the Board in its oversight responsibilities by reviewing, among other things, our portfolio risk appetite and profile, material Environmental, Social and Governance (ESG) matters, risk management and sustainability frameworks and policies, as well as key public statements relating to risk, sustainability and ESG. United Overseas Bank Ltd, Singapore Under his leadership, ST Telemedia expanded its footprint in the Asia Pacific region, the Americas and Europe. Founded in 1974, Temasek Holdings is a lender headquartered in Singapore. Ministry of Sustainability and the Environment Senior Advisor (Public Sector Sustainability) Our Board operates on a commercial basis, with the added constitutional responsibility, together with our CEO, of protecting the Companys past reserves, given Temaseks status as a We manage our portfolio as an active investor and asset owner, with full commercial discretion and flexibility under the guidance of our Board. (2008 . Past directorships in listed companies held over the preceding five years Ms Ho said that there is "clearly a huge opportunity to inculcate philanthropy more widely in businesses in Asia, to work together for the common good". SINGAPORE Temasek Holdings CEO and executive director Ho Ching, who will retire and step down from its board with effect from Friday (1 October), will be the Chairman of Temasek Trust from 1 April 2022.. Ho will succeed S Dhanabalan, who has been Chairman of Temasek Trust since September 2015 and will remain on the board and be designated Chairman Emeritus, Temasek Trust said in a . Institution / Board of Directors Institution Board of Directors Our Board provides overall guidance and policy directions to management. Samsonite International S.A.
Board of Directors | TLL Temasek Life Sciences Laboratory Cinnamon College, National University of Singapore (Rector), Key Awards He started his career at Royal Dutch Shell in 1982, working in a number of finance and business roles in different . Dilhan is a proactive champion of change and innovation, both in and outside of Temasek. [15], While Temasek is largely attributed as being a sovereign wealth fund (SWF), there are major differences as it invests mostly in equities, is the outright owner of many assets and companies, and pays taxes like other commercial investment firms.[16]. Temaseks portfolio stood at S$90 billion mostly in Singapore when Ho Ching was first appointed CEO in 2004. 1,338 Financed Companies 12 Financings 12 General Information Description Founded in 1974, Temasek Holdings is a lender headquartered in Singapore. The LDCC met five times during the year. Telegram (temasekholdings) and
Permanent Secretary and Executive Chairman positions in several Singapore government ministries and agencies. Ltd.) (Non-Executive Non-Independent Director) Under Singapores Constitution and laws, neither the President of the Republic of Singapore nor the Singapore Minister for Finance, our shareholder, is involved in our investment, divestment or other business decisions, except in relation to the protection of Temaseks own past reserves. Youre viewing 10 of 12 services to companies. [52], Temasek headquarters at The Atrium@Orchard in Singapore, Government of Singapore Investment Corporation, "TEMASEK HOLDINGS (PRIVATE) LIMITED (197401143C) - Singapore Business Directory", "Temasek Holdings (Temasek) - Sovereign Wealth Fund, Singapore - SWFI", "Singapore's state-owned investor Temasek reports record portfolio value", "Temasek portfolio surges to record high, driven by Singapore investments", "Four keys that could unlock a better, more sustainable world", "Temasek hits perfect score on transparency index", "Temasek is different from other sovereign wealth funds and pays tax - Chairman", "Singapore's $744 Billion Fund Eyes Deals in Low-Return World", "Singapore's GIC Set to Manage Extra $137 Billion in Reserves", "Modern Meadow Closes $40M Series B Round to Commercialize Biofabricated Leather - Modern Meadow", "Shareholders approve Temasek buyout of Singapore rail operator", "Speeches by Ho Ching, Executive Director & CEO, at the Institute of Policy Studies", "S&P CONFIRMS AAA RATING AS TEMASEK UPSIZES GLOBAL NOTES TO US$15 BILLION", "Temasek Holdings responds to NSP's claims", "About Singapore - Our History - The Sixties", "Singapore Statutes Online - 50 - Companies Act", "Temasek Biggest Shareholdings Fall $23.5 Billion in Three Months", "Ho Ching to retire as Temasek CEO on Oct 1; Dilhan Pillay named successor", "Chart of the Day: Temasek's major stock investments yielded 8.1%", Thailand: Protesters burn images of Lee, wife. Mr Dilhan Pillay Sandrasegara, 57, will take over as CEO of Temasek Holdings on Friday. NTUC-ARU (Administration & Research Unit) (Member of the Board of Trustees) I am also happy that Theng Kiat has agreed to stay on the Board of Temasek Holdings as a non-executive director. Prior to Heliconia, Derek was the Managing Director, Investment, with Temasek Holdings. Like the board members of all companies incorporated under the Singapore Companies Act, the Board directors of Temasek have a fiduciary duty to ensure the proper governance and management of their company. YouTube(TemasekDigital)
Mr Lien was a UOB Bank Board Director from 2005 to 2009.
Temasek Holdings announced the retirement of Mdm Ho earlier this year, more than a decade after a highly publicised failed leadership transition in 2009.
Ho Ching said she is happy to be passing the leadership baton to Mr Pillay at this time. Ian Cheng 30 Sep 2021 10:23PM (Updated: 30 Sep 2021 10:23PM) SINGAPORE: Temasek Trust announced on Thursday (Sep 30) that it has appointed Ms Ho Ching to its Board of Directors. [37] In 2016, Temasek sold a further 21% stake in Intouch Holdings, the Thai telecoms conglomerate formerly known as Shin Corp.[38]. As an engaged shareholder, we promote sound corporate governance in our portfolio companies. Our Board provides overall guidance and policy directions to management. On behalf of the entire Board, I thank Ho Ching for her unwavering commitment to build a forward looking institution of character and reputation, he said. The annual Board schedule includes quarterly two-day meetings, and additional meetings as needed, such as for significant large investments. Contacts Job Department Search Contacts. SINGAPORE, Sept 30 Temasek Holdings chief executive officer (CEO) Ho Ching will be appointed to the board of directors of the state investment firms philanthropic arm Temasek Trust when she steps down from her present role on Friday (Oct 1). Headquartered in Singapore, we have 11 offices around the world: Beijing, Hanoi, Mumbai, Shanghai and Singapore in Asia; and London, New York, San Francisco, Washington DC, Mexico City, and Sao Paulo outside Asia. I have full confidence in Dilhan and his team to transform Temasek once again, to be more than it is today. She is a Distinguished Engineering Alumnus of the National University of Singapore, and an Honorary Fellow of the Institution of Engineers, Singapore. [22] The president also has the right to appoint, terminate, or renew the members of Temasek's board of directors.
Jaime Augusto Zobel de Ayala - Board of Directors - Globe Teo Ming Kian - Director @ Temasek Holdings - Crunchbase 3 Managers of Ascott Residence Trust comprising Ascott Residence Trust Management Limited (Manager of Ascott Real Estate Investment Trust, or Ascott Reit) and Ascott Business Trust Management Pte. Lee Kuan Yew Centre for Innovative Cities, Singapore University of Technology and Design (Chairman) Carson Cumberbatch PLC (Director), Past directorships in listed companies held over the preceding five years Reefknot Pte Ltd (Director) By checking this box, I agree to the privacy terms on the website. In this paper, we document the investment behavior of a specific fund, Temasek Holdings, which is the Singapore government's SWF. She joined the Board of SPL and was appointed Deputy Chairman on 1 April 2021 and has been appointed Chairman with effect from 1 Jan 2023. Tan Kok Heng Alternate Director to Evan Cheah Yean Shin. Masters in Urban Development Planning, University College London Please provide the details of your enquiry, major investment and divestment proposals. By continuing to browse the site you are agreeing to our use of cookies. This is to enable the Board to be prepared for all eventualities, with various succession options over different time horizons. He was formerly the CEO of SeaTown Holdings International from 2010 to 2020.
This is a profile preview from the PitchBook Platform. The firm has publicly stated that its goal is to reduce the net carbon emissions attributed to its entire portfolio to half of 2010 levels by 2030. Ltd.) (Deputy Chairman (Non-Executive Independent)) Temasek is a remarkable institution with deep roots in the ethos and founding values of Singapore. [8], Headquartered in Singapore, it has 12 offices in 8 countries around the world, including in Beijing, Hanoi, Mumbai, Shanghai, Shenzhen; and London, Brussels, New York City, San Francisco, Washington, D.C., and Mexico City outside Asia. Mr Dilhan Pillay Sandrasegara, 57, will take over as CEO of Temasek Holdings on Friday. Related Hubs.
Temasek Director Salaries | Glassdoor Temasek Trust has enabled a steady and sustainable support for Temasek Foundation and other initiatives to deliver vitally important programmes in the communities in Singapore and around Asia.. (File photo: AFP/Roslan Rahman). She has served on various public service boards over the years, such as the Singapore Institute of Standards and Industrial Research, and the Productivity and Standards Board (forerunners of present day Enterprise Singapore), and the Singapore Economic Development Board. Management provides information to the Board on an ongoing basis, including minutes of key management committee meetings, to allow the Board to effectively discharge its responsibilities. Hafiz Hassan, GLCs arent ATMs for political parties to give as reward for election support, Bersih tells Muhyiddin, Squid Game Season 2 star Lee Jung-jaes reported asking salary to make him the highest-paid Korean actor, DPM Zahid: BN to contest 45pc of seats in six state polls, Argentina makes IMF loan repayment partly with yuan, Singaporean pancreatic cancer patient in his 30s tests positive for mutated gene linked to breast cancer, Report: Singapore sees highest number of suicides in over 20 years, with most cases among those in their 20s, Gotta buy em all: Rising popularity of Pokemon trading card game in Singapore attracting collectors and also scammers, Transport minister says Tiong has clearance to be in KLIA arrival hall; MACC investigates alleged corruption at airport, Sungai Langat water quality being monitored after industrial area fire, MOT reviewing road tax structure for EVs, says Loke. Executive Committee (Member), Present principal commitments SP Group Treasury Pte. More importantly, he has also brought fresh ideas that are essential to sustaining any organisation. Jaime Augusto Zobel de Ayala. Lifetime Achievement Award in 2012 (China Hotel Investment Conference in Shanghai) Regional Hotel Chief of the Year in 2007 and 2008 (voted by Readers of Travel Weekly)
Peter Voser - Wikipedia Master of Business Administration, Suffolk University, USA Relating to our portfolio companies
IA may also undertake special reviews requested by our Board, AC or senior management. To maintain confidentiality, the key controls over financial reporting relating to central payroll processes are reviewed by external auditors as part of the statutory audit of our group financial statements. He is a member of Future Economy Council, an initiative by the Singapore Government to oversee future skills and innovation efforts to prepare for potential technological and/or economical disruptions and opportunities. Ho Ching graduated from the University of Singapore with a BSc Engg (1st class Hons, 1976). Mr Lim also thanked Mr Lee Theng Kiat for his commitment and service as he retires from his executive role at the same time.
Board of Directors - Institution | Temasek Review 2022 The firm provides debt facilities and focuses on transforming economies; growing middle-income populations; deepening comparative advantages; and emerging champions. We have a strong leadership team, with diverse capabilities, strengths and experiences. Bachelor of Arts (Honours), National University of Singapore Public Administration medal (Gold) (2005) Ho Ching will retire from Temasek Holdings and step down from its Board on the same date. 2023 PitchBook. View your print basket. He was appointed CEO of Temasek International in 2019. Mr Robert Ng Chee Siong and Mr Bobby Chin Yoke Choong will join the Temasek Board with effect from 10 June 2014, while Mr Peter Robert Voser will take up his appointment on 1 January 2015. They have already been making a huge difference in embracing a future that brings both threats and opportunities: threats that have been accentuated by this pandemic, but also opportunities which are greatly expanded and even accelerated by Covid. Temasek Holdings has 17 board members and advisors, including Lim Boon Heng. SINGAPORE: Temasek Trust announced on Thursday (Sep 30) that it has appointed Ms Ho Ching to its Board of Directors. Announcing the change today, Mr Lim Boon Heng, Chairman of Temasek Holdings, noted: Leadership succession is a strategic responsibility of the Board.
Temasek Holdings Definition - Investopedia Contact us, WAN-IFRA Digital Media Awards Worldwide 2022, Ho Ching to retire as Temasek Holdings CEO, Dilhan Pillay Sandrasegara to take over, retires as Temasek Holdings' chief executive officer. Ltd.) (Non-Executive Non-Independent Director) AscendasFunds Management (S) Limited, (Manager ofAscendasReal Estate Investment Trust) (Vice Chairman)
Board of Directors - SP Group Dilhan Pillay Sandrasegara joined Temasek in 2010, and since then, has held various leadership roles, including Head of our Investment, Portfolio Management, and Enterprise Development Groups. Temasek Holdings Director. Ltd. (Trustee-Manager of Ascendas Hospitality Business Trust, or A-HBT).
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