GIC’s Lim Chow Kiat to Succeed Ng Kok Song as CIO Next Month

Government of Singapore Investment Corp., manager of more than $100 billion of the city’s reserves, named Lim Chow Kiat group chief investment officer as Ng Kok Song, who served the fund since 1986, retires.

Lim, currently Ng’s deputy, will assume his new role as of February, GIC said in a statement on its website. Ng will advise GIC as head of global investments and as a member of the fund’s international advisory board, according to the statement.