Government of Singapore Investment Corp., manager of more than $100 billion of the city’s reserves, named Jeffrey Jaensubhakij, 46, as the president of GIC Asset Management.
Jaensubhakij will replace Lim Chow Kiat, who became chief investment officer in February, as of April 1, GIC said in an e- mailed statement today. Jaensubhakij, who joined GIC in 1998, will relinquish his current role as the president Europe and relocate from London to Singapore, according to the statement.
GIC also named Lim Kee Chong, 52, deputy group chief investment officer. He is currently the deputy president of GIC Asset Management and director of global equities, according to the statement.
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