One of the world’s largest sovereign wealth funds has chosen a new chief executive as it braces for a decade of lower earnings. GIC, the sovereign wealth fund of Singapore, has hired Lim Chow Kiat to be its new boss, overseeing $100bn in assets spanning 40 countries.
Lim is an old hand at the organisation, joining after he graduated from university in 1993 and most recently serving as deputy president and chief investment officer…………………………………….Full Article: Source