By Muskan Arora
Following
the retirement of Jeffrey Jaensubhakij, Singapore’s sovereign wealth
fund the $800bn GIC has promoted its deputy CIO Bryan Yeo as CIO.
Yeo has been with the firm since 2003 and was appointed CIO
of public equities in 2016 before being promoted to deputy in 2024.
He has held numerous roles at the fund including head of
fixed income in the Americas, head of credit research and strategy, deputy head
of equities and head of credit markets.
Additionally, GIC also named Boon Chin Hau as CIO for
infrastructure, succeeding Ang Eng Seng, who is also retiring and will be
appointed as an adviser to GIC.
All appointments will be effective from April 1.
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Yoe earned his Bachelor of Fine Arts degree in engineering and
a Master of Science in financial mathematics from University of Chicago.
“Eng Seng was instrumental in the expansion of private
markets across asset classes and geographies, and was a founding leader for the
infrastructure group,” said Lim Chow Kiat, the GIC’s CEO, in a statement.
The fund manages the government’s financial assets and is
one of the country’s three investment entities, including the Monetary Authority
of Singapore and Temasek.
