Former GIC investment chief Ng Kok Song turns up at ELD to collect forms for presidency
SINGAPORE – Former GIC chief investment officer Ng Kok Song turned up at the Elections Department on Wednesday around 10.30am, accompanied by his fiancee.told The Straits Times on July 15 that he was “deliberating” running for President,Mr Ng, who retired from the sovereign wealth fund in 2013 after 27 years there, is currently the executive chairman of investment firm Avanda Investment Management.
The Public Service Commission scholarship recipient then moved to the Monetary Authority of Singapore a year later, when it was formed. Currently, apart from his role at Avanda, Mr Ng’s other commitments include being chairman emeritus and founder of the Wealth Management Institute at Nanyang Technological University, and serving on PIMCO’s Global Advisory board.
During this time, the company must, on average, have at least $500 million in shareholders’ equity and made profit after tax throughout.Avanda also does not meet the $500 million shareholder equity criteria.
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