After retiring from GIC in 2013, he co-founded Avanda Investment Management in 2015 and currently serves as the chairman of the private hedge fund.
He also sits on the board of directors of Temasek Holdings-linked investment platform 65 Entity Partners, as well as the board of governors of the Asia School of Business in Malaysia and the Lee Kuan Yew School of Public Policy at the National University of Singapore. He studied at the nearby Montfort School, where he met his wife Patricia. They got married in 1972 and she died in 2005.
He started his career in public service at the Finance Ministry from 1970 to 1971 and working at the Monetary Authority of Singapore from 1972 to 1986. From 2013 to 2018, Mr Ng served on the board of Singapore Exchange , and was the founding chairman of the Singapore International Monetary Exchange which was incorporated into SGX as its derivatives arm.
Mr Ng is an executive committee member of the World Community for Christian Meditation, a Britain-based organisation which promotes a form of meditation developed by a Benedictine monk. He is also the community's national coordinator for Singapore.
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