Singapore-based Sovereign wealth fund, GIC today announces changes to its senior management team, which will come into effect on 1 April 2025.
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Mr Bryan Yeo, currently Deputy Group Chief Investment Officer (CIO), will be appointed Group CIO. He will oversee GIC’s total investment portfolio. He takes over from Dr Jeffrey Jaensubhakij, who will retire as Group CIO and be appointed a GIC Advisor.
Mr Boon Chin Hau will be appointed CIO for Infrastructure. He takes over from Mr Ang Eng Seng, who will retire as CIO Infrastructure and be appointed a GIC Advisor.
Mr Lim Chow Kiat, Chief Executive Officer of GIC, said, “I would like to express my gratitude to Jeffrey and Eng Seng, for their commitment to GIC over the decades. Jeffrey was a key architect of the GIC total portfolio and an innovator in investment policies. Eng Seng was instrumental in the expansion of private markets across asset classes and geographies, and was a founding leader for the Infrastructure group. We look forward to their continued contributions as GIC Advisors in the days ahead. I am confident that the leadership team which we have built over time will bring new perspectives and unique strengths to GIC as we continue to fulfil our purpose of securing Singapore’s financial future.”
About GIC
Established in 1981 to manage Singapore’s foreign reserves, GIC strive to achieve good long-term real returns on assets under our management to preserve and enhance the value of Singapore’s reserves. GIC has investments in over 40 countries and are headquartered in Singapore, with 11 offices in key financial cities worldwide.
