Incumbent President Halimah Yacob has said she will not stand for re-election when her term ends on Sept 13.
In 1986, five years after GIC was formed, Mr Ng joined it to head the equities and bonds department. He was the fund’s first non-expatriate director. Currently, apart from his role at Avanda, Mr Ng’s other commitments include being chairman emeritus and founder of the Wealth Management Institute at Nanyang Technological University, and serving on PIMCO’s Global Advisory board.
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. The group’s chief investment officer oversees its total investment portfolio, though how much this constitutes is not publicly disclosed.
Past reports have featured him as the one who taught late Minister Mentor Lee Kuan Yew how to meditate, back in the late 2000s.
Sverige Senaste nytt, Sverige Rubriker
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