Temasek Holdings Pte, Singapore’s state-owned investment company, named Jimmy Phoon as chief executive officer of its Seatown Holdings Pte unit.
Phoon, who’s head of strategy at Temasek, will take the appointment starting Aug. 1, Temasek said in an e-mailed statement yesterday. Phoon replaces co-CEOs Nasser Ahmad, a founder of DiMaio Ahmad Capital LLC, and Charles Ong, also Temasek’s senior managing director of special projects, who will continue in that role, Temasek said. Full story
