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Mark Ong, our Chief Investment Officer for Public Equities, was appointed onto the Group Executive Committee.
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Boon Chin Hau, our Chief Investment Officer for Infrastructure, was appointed onto the Group Executive Committee.
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Heads of Office
- Sabrina Zhu was appointed Head of Office, Beijing.
- Shin Horie was appointed Head of Office, Japan.
Heads of Department
- Jim Adams was appointed Director, Technology Group.
- Sam Kim was appointed Director, Investment Insights Group.
- Girish Karira was appointed Director, Integrated Strategies Group.
- Liang Jiajie was appointed Deputy Chief Investment Officer, Fixed Income & Multi Asset.
- Liew Tzu Mi was appointed Director, Portfolio Execution & Solutions Group. (She continues concurrently as Chief Investment Officer, Fixed Income & Multi Asset.)
- Prakash Kannan was appointed Director, Total Portfolio Strategy Group.
- Elaine Chan was appointed Director, Global Investment Services.
Global Leadership Group
The following GICians have been appointed to the Global Leadership Group:
- Michael Doyle, Chief Operating Officer, Fixed Income & Multi Asset, Singapore Office
- Vinit Nagarajan, Head of Private Credit Group, Private Equity, London Office
- Oscar Zheng, Head of Corporate Credit and Head of Transition & Sustainable Finance Group, Fixed Income & Multi Asset, Singapore Office
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On 10 July 2026, we announced changes to our senior management leadership team, which will come into effect on 1 October 2026.
Mr Choo Yong Cheen, currently Chief Investment Officer (CIO) for Private Equity, will concurrently be appointed Deputy Group Chief Investment Officer (DGCIO). In this expanded role, he will oversee private market asset classes including private equity, real estate, infrastructure, and the Integrated Strategies Group that invests in less conventional investment opportunities. He will bring his long investment experience to these asset classes to create opportunities for the total portfolio.
Ms Liew Tzu Mi, currently CIO for Fixed Income & Multi Asset (FIMA) and Director of Portfolio Execution & Solutions Group (PESG), will be appointed Deputy Group Chief Investment Officer (DGCIO). She will retain her leadership role in PESG and step down as CIO, FIMA. As DGCIO, Tzu Mi will take on an additional responsibility of overseeing total portfolio research and strategy. This will be complementary to her role in implementing GIC’s portfolio efficiently and at scale. She will apply her deep portfolio management experience to help drive capital allocation and enhance the connection between GIC’s portfolio strategy and its execution and implementation.
Mr Liang Jiajie, currently Deputy CIO for FIMA, will be appointed CIO for FIMA. Jiajie will continue in his role as Head, Global Macro. As Head, Global Macro since 2018 and Deputy CIO, FIMA since April 2026, Jiajie has been part of FIMA’s core leadership team for close to a decade. He has contributed significantly to FIMA’s expansion in its multi-asset investing capabilities including multi-asset macro, systematic investing, and different segments of credit.
Both DGCIOs will support the Group Chief Investment Officer (GCIO) and all CIOs will continue to report to the GCIO.
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Since our last issue of GIConnect in July 2025, the following changes to our Board have taken place.
Stepping Down
Mr Carsten Stendevad stepped down as a member of the GIC International Advisory Board (IAB) and an advisor of the Investment Strategies Committee (ISC) on 30 September 2025. He had served on the IAB and ISC since October 2018.
Dr Mohamed El-Erian stepped down as a member of the GIC IAB and an advisor of the ISC on 31 March 2026. He joined the IAB and ISC in April 2017.
We are deeply saddened that Dr Martin Leibowitz, who stepped down as an advisor of the ISC on 30 April 2026, passed away in May 2026. Over his 17 years with GIC, Dr Leibowitz has been one of GIC’s valued advisors, making significant contributions to GIC, helping to shape our investment policies and strategies in an evolving economic landscape. In recognition of his impact and contributions to GIC, he was conferred a national award, the Public Service Star (Bintang Bakti Masyarakat), in 2021.
Appointments
Mr Bob Prince was appointed as member of the International Advisory Board effective 1 April 2026, with an advisory role on the Investment Strategies Committee. He is currently Chair of Board of Directors and Co-Chief Investment Officer of Bridgewater Associates.
For more details on the GIC Board, please refer to the GIC website.