The Government of Singapore Investment Corporation (GIC) has named new heads for its three operating arms, Reuters reports. The Singapore wealth fund has named its Europe president Lim Kiat as the new president of GIC Asset Management.
GIC Special Investments deputy president Tay Lim Hock will become president, while deputy president of GIC Real Estate, Goh Kok Huat, has been promoted to president. The new appointments are effective from next month, adds The Wall Street Journal.
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