Former GIC investment chief Ng Kok Song announces presidency bid, says he is 'above politics' and 'never a political figure'

In a statement handed to the media outside the department at Novena Rise, Mr Ng cited his involvement in building up Singapore's reserves for 45 years at GIC and the Monetary Authority of Singapore as a reason for his decision, noting that the President has a"critical role" to safeguard the reserves.

Adding that he is"above politics", Mr Ng, who retired from GIC in 2013, said he has never been affiliated to any political party and is independent. He later founded asset management company Avanda Investment Management in 2015.

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Former GIC chief investment officer Ng Kok Song announces bid to run for PresidentNg Kok Song, 75, highlighted his credentials of being involved in building up Singapore’s reserves when he was at GIC and the Monetary Authority of Singapore.
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Former GIC investment chief Ng Kok Song turns up at ELD to collect forms for presidential electionMr Ng retired from GIC in 2013 and is now executive chairman of an investment firm. Read more at straitstimes.com.
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