Reuters India, 6 Feb 2009, Nopporn Wong-Anan
SINGAPORE (Reuters) - Ho Ching, wife of Singapore Prime Minister Lee Hsien Loong, will step down as chief executive of Temasek, ending a 5-year term which saw the state investment agency expand aggressively beyond Singapore.
It was also involved in controversies around the region.
Ho, 55, joined Temasek as a director in January 2002 and became CEO two years later. She will be replaced by Chip Goodyear, former chief of global miner BHP Billiton, in October.
Asked on Friday if she had any regrets as her departure was announced, Ho replied: "No. I think if you want to run life with regret, you will end up doing very little."
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1 comments:
You know guys, I’ve just realised that with Ho Ching’s departure, Sovereign Wealth Funds are led exclusively by men again: http://tinyurl.com/bflkjm
It also seems that Singapore is the only nation who puts politicians in charge of its Sovereign Wealth Fund.
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