Gan Kim Yong will join Singapore’s sovereign wealth fund GIC‘s Board as a Director, effective 1 October 2024.
He is currently serving as Singapore’s Deputy Prime Minister and Minister for Trade and Industry, and also chairs the Monetary Authority of Singapore.
Gan is involved in the Strategy Group within the Prime Minister’s Office and is a member of both the Research, Innovation and Enterprise Council and the National Research Foundation Board.
Having entered politics in 2001, Gan has held various government roles, including in the Ministry of Education, Ministry of Manpower, and Ministry of Health.
His earlier career began in the Singapore Civil Service, where he worked with the Ministry of Trade and Industry and the Ministry of Home Affairs.
Gan transitioned to the private sector in 1989, joining NatSteel Ltd, and later became its CEO and President in 2005.
Lim Chow Kiat, Chief Executive Officer of GIC, said,
“I am delighted to welcome Mr Gan to the GIC Board. His wide-ranging experience will add valuable insights to important asset allocation and other strategic decisions. We look forward to Mr Gan’s contributions as a director on the GIC Board.”