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.
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:
Ireland Ireland Latest News, Ireland Ireland 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 »