FinanceAsia.com, 22 Jun 2009, Sameera Anand
Tony Tan has been appointed chairman of GIC real estate, in addition to his current roles as GIC deputy chairman and executive director and chairman of GIC special investments. Tan will replace Richard Hu, who is retiring.
Lee Ek Tieng, the chairman of GIC asset management, which is responsible for GIC's investments in equities, fixed income, foreign currencies, commodities and marketable alternatives, will also retire and will be replaced by Lim Siong Guan. Lim has also been appointed GIC group president.
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