Lee Hsien Loong Named Chairman of GIC, Succeeding His Father

San Francisco Chronicle, 31 May 2011
May 31 (Bloomberg) -- Singapore Prime Minister Lee Hsien Loong was named chairman of Government of Singapore Investment Corp., which manages more than $100 billion of the island's assets, succeeding his father Lee Kuan Yew.
The elder Lee will be senior adviser to the sovereign wealth fund and the changes are effective June 1, according to an e-mailed statement today. Full story

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