Former GIC chief investment officer Ng Kok Song has announced his intention to run for the Singapore presidency.
Mr Ng noted that Singaporeans want to exercise their right to vote for their President and not have another walkover, adding that he has never been a political figure. Mr Ng is currently the executive chairman of Avanda Investment Management, an asset management company he co-founded in 2015 with two former GIC colleagues.
GIC previously said Mr Ng played a critical role in managing its investments in public markets and vastly expanding its investment capability.hief investment officer in 2007, a post he held until he retired. In his statement, Mr Ng noted the President's critical role in safeguarding the use of Singapore's reserves, highlighting his credentials of being involved in building up the country's reserves for 45 years at GIC and MAS."My work has been professional and low-key. I never sought the limelight. I concentrated on my public responsibilities. Many people in the public service would know me or have heard of me. But I am aware that many Singaporeans do not know me.