Temasek Overhauls Senior Management With CFO Leong Stepping Down

  • President Tan also stepping down; general counsel in new role
  • Changes represent biggest moves since Pillay became CEO

Temasek Holdings and Temasek International CEO Dilhan Pillay Sandrasegara.

Photographer: Simon Dawson/Bloomberg
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Temasek Holdings Pte. is making its biggest management changes since Dilhan Pillay took over as chief executive officer at the Singapore investment giant a year ago.

Chief Financial Officer Leong Wai Leng will step down after more than 16 years in the role, with deputy CFO Png Chin Yee set to succeed her on Jan. 1, according to a statement in response to a Bloomberg News query. President Tan Chong Lee is stepping down to lead investment unit 65 Equity Partners. General counsel Pek Siok Lan will go on sabbatical and take up a new role in July.