7 March 2014
Mr Goh Kok Huat, 49, will be appointed Chief Operating Officer of GIC, effective 1 April 2014. Mr Goh continues as President, GIC Real Estate concurrently, a position he has held since 2011.
In 2013, GIC implemented its New Investment Framework which capitalises on GIC’s core strengths: a long-term perspective, a global presence, a skilled and experienced team, and the ability to invest in cross-asset opportunities. GIC operates in a landscape that is increasingly complex and competitive, and actively refines its strategy to build investment capability and agility. As Chief Operating Officer, Mr Goh plays a crucial role at this juncture of GIC’s organizational transformation. He will oversee the integration of investment strategy and process, with operations and technology.
About GIC (gic-preprod.altis.cloud)
GIC is among the world’s largest fund management companies. It was established in 1981 to manage Singapore’s foreign reserves. GIC strives to achieve good long-term returns on assets under its management, so as to preserve and enhance Singapore’s reserves. Since its inception, GIC has grown from managing a few billion dollars to well above US$100 billion today. GIC’s investment framework capitalises on its strengths which include the ability to take a long-term investment perspective, a global presence, capabilities to invest in cross-asset opportunities, and a skilled and experienced team. It has investments across 40 countries and in assets such as equities, fixed income, real estate and private equity. GIC is headquartered in Singapore with a network of offices in nine cities worldwide.
