Finance

Ho Ching to retire as CEO of Singapore’s Temasek Holdings on Oct. 1

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A Temasek Holdings signage at their office in Singapore.

Munshi Ahmed | Bloomberg | Getty Images

SINGAPORE — Singapore’s state investment company Temasek Holdings announced Tuesday that Ho Ching will retire from her roles as chief executive and executive director on Oct. 1.

Ho, the wife of Singapore’s Prime Minister Lee Hsien Loong, has been Temasek’s CEO since 2004. She will be succeeded by Dilhan Pillay Sandrasegara, currently CEO of the firm’s investment arm, Temasek International.

Temasek is among the world’s largest investors. Its portfolio value stood at 306 billion Singapore dollars ($230 billion) as of March 31 last year.

Leadership succession at Temasek has been widely discussed…



Source cnbc.com

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