Singapore’s sovereign wealth fund Temasek has expanded its Board of Directors with the appointment of two senior business leaders, Tan Chong Meng and Geoffrey Wong. Their inclusion is expected to further enhance the strategic guidance provided to the company’s management.

Tan Chong Meng, whose appointment became effective on 1 April 2024, brings a wealth of experience from a distinguished 40-year career. He has held significant roles in both the public and private sectors, most notably serving as the Group Chief Executive Officer of PSA International (PSA) for 12 years.

Beyond his tenure at PSA, Tan’s career includes leadership positions at the Royal Dutch Shell Group and early work with the Ministry of National Development.

He is also actively involved in various capacities, including as Chairman of Jurong Town Corporation (JTC) and Deputy Chairman of the National University Health System (NUHS) board.

In 2020, Tan was appointed Co-Chair of the Emerging Stronger Taskforce, aimed at steering Singapore’s economic resurgence post-COVID-19.

Set to join the board on 10 May 2024, Geoffrey Wong has a background in Computer Science and Electrical Engineering, complemented by an extensive career in investment management.

Until his retirement in May 2023, Wong was the Head of Emerging Markets and Asia-Pacific Equities at UBS Global Asset Management, overseeing teams and strategies across several regions.

His career also includes co-founding Koeneman Capital Management, a precursor to a significant “quant” investment management entity acquired by DBS Asset Management.

Temasek Holdings’ Chairman, Lim Boon Heng said,

“Chong Meng and Geoffrey are both recognised leaders in their fields and professions. They will bring a good mix of operating and investment capabilities to complement the current board and help Temasek in achieving its portfolio and institutional priorities. We look forward to their contribution as a member of our board.”