PE2023: Former GIC investment chief Ng Kok Song shows up at ELD to collect forms

  • 📰 asiaonecom
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 59%

Business News News

Business Business Latest News,Business Business Headlines

PE 2023: Former GIC investment chief Ng Kok Song shows up at ELD to collect forms

SINGAPORE - Former GIC chief investment officer Ng Kok Song turned up at the Elections Department on Wednesday around 10.30am, accompanied by his fiancee.

Incumbent President Halimah Yacob has said she will not stand for re-election when her term ends on Sept 13. Mr Ng was also the founder and chairman of the Singapore International Monetary Exchange in 1984, which was later incorporated into the Singapore Exchange as its derivatives arm. It is not clear if he will automatically qualify for the presidency through the private sector route, as according to Article 19 of the Constitution, he has to be the chief executive - or the most senior executive - of a firm for at least three years.

While GIC does not disclose how much it manages overall, the Finance Ministry website states it manages “well over US$100 billion”.It is likely that he will have to apply under the private or public sector deliberative track.In 2013, Ng was conferred the Thomas L Hansberger Award for Leadership in the global investment profession by the CFA Institute in 2013.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Former GIC investment chief Ng Kok Song turns up at ELD to collect forms for presidencyFormer GIC chief investment officer Ng Kok Song turned up at the Elections Department (ELD) on Wednesday around 10.30am, accompanied by his fiancee. The 75-year-old had
Source: thenewpaper - 🏆 7. / 63 Read more »

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.
Source: straits_times - 🏆 5. / 69 Read more »

Former GIC investment chief Ng Kok Song announces presidency bid, says he is 'above politics' and 'never a political figure'SINGAPORE — Former GIC investment chief Ng Kok Song, 75, announced his presidential bid at the Elections Department (ELD) on Wednesday (July 19).
Source: TODAYonline - 🏆 1. / 99 Read more »

Ng Kok Song: From growing up in Sengkang fishing village to GIC chief investment officer and presidential hopefulSINGAPORE — Mr Ng Kok Song, 75, who on Wednesday (July 19) announced his intention to contest the upcoming Presidential Election, is best known for his previous role as chief investment officer at Singapore's sovereign wealth fund GIC.
Source: TODAYonline - 🏆 1. / 99 Read more »