Bloomberg.com, 17 Oct 2008, Cathy Chan
Oct. 17 (Bloomberg) -- Temasek Holdings Pte, the Singapore government-owned investment company, said it hired Rohit Sipahimalani as managing director of investment, its second hire from Morgan Stanley since August.
Sipahimalani, 42, will focus on telecoms and media investment. He replaces Alan Thompson, who will be managing director of investment focusing on Latin America, said Mark Lee, a Singapore-based spokesman for Temasek.
The hiring follows Michael Dee, former chief executive officer for Southeast Asia at Morgan Stanley in Singapore, who joined Temasek in August. Investment bankers from Goldman Sachs Group Inc. and Citigroup in the region have also switched jobs recently to private equity as Wall Street banks deal with the consequences of the global credit crisis that has produced more than $660 billion in losses and writedowns worldwide.
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