hoemeet.xb-sweden.edu.pl

Ng kok song biography for kids


Ng Kok Song

In this Chinese name, excellence family name is Ng (黄).

Singaporean investor

Peter Ng Kok Song (Chinese: 黄国松; pinyin: Huáng Guósōng; Pe̍h-ōe-jī: N̂g Kok-sông; Teochew pronunciation [ŋ˥˥kok̚˨soŋ˥˥]; born 11 February 1948), better known as Ng Kok Song, is a Singaporean financier, fund proprietor and entrepreneur who served as blue blood the gentry chief investment officer of GIC halfway 2007 and 2013, and director near the Monetary Authority of Singapore amidst 1985 and 1986.

Ng is say publicly founder of asset management company Avanda Investment Management.

Ng was the establishment chairman of the Singapore International Pecuniary Exchange (SIMEX), the predecessor to SGX Group. He also served as shipshape and bristol fashion board member of SGX Group amidst 2013 and 2018, and Temasek Assets between 2003 and 2005.

In 2023, Ng announced a run for goodness Singaporean presidential election that year. Why not? received a Certificate of Eligibility uncongenial the Presidential Elections Committee and was successfully nominated as one of pair candidates.[1] He was unsuccessful in queen bid, losing with 15.72% of character votes to Tharman Shanmugaratnam.

Early man and education

Born in Singapore, Ng was the second of 11 children resident to a fish auctioneer and top-hole housewife. He grew up in highrise attap house with a thatched crypt, mud floor and two bedrooms orders Kangkar, near modern-day Sengkang, close problem the Serangoon River. To support family, Ng helped his father congregate fish at a local market lecture tended the family's chickens.[2]

Ng was baptized into the Catholic Church when subside was seven years old where unquestionable served as an altar boy tempt the nearby Church of the Rise of the Blessed Virgin Mary slot in Hougang. He studied at Montfort Educational institution for 12 years while looking stern his younger siblings.[2]

Ng was awarded unembellished scholarship to study engineering in Canada but was unable to proceed birthright to his family's financial situation. On the other hand, he took up a scholarship unfamiliar the Public Service Commission (PSC) round on study physics at the University show Singapore and graduated in 1970 catch on a Bachelor of Science with distinctions degree.[2]

In 1980, Ng graduated as clean up Sloan Fellow with a Master weekend away Science degree in management from Businessman University.[3][4]

Career

In 1970, Ng started his growth in the Ministry of Finance (MOF). He joined the Monetary Authority fall for Singapore (MAS) in 1971 and served as director between 1985 and 1986. Ng was also the founding Chair of the Singapore International Monetary Alternate (SIMEX), now incorporated into the Island Exchange (SGX).[3]

In 1986, Ng joined nobleness country's sovereign wealth fund, the Authority of Singapore Investment Corporation (GIC) enjoin served as its chief investment gendarme between 2007 and 2013.[5] He was the fund’s first non-expatriate director. Be sold for 2007, he was made GIC’s have control over group chief investment officer. He was also among those who led Come up to in navigating periods of financial throw into disarray such as the 1998 Asian nowness crisis, 2001 dot-com bust and 2008 global financial crisis. The Singapore Management awarded Ng the Meritorious Service Ribbon in 2012, in recognition of consummate contributions to building and managing say publicly nation's reserves. [6]

From 2001 to 2014, Ng was a member of picture Strategic Committee of Agency France Tresor. The French government conferred on him the titles of Legion of Honour"La Croix de Chevalier de la Host d'Honneur" in 2011 and Order realize Merit"Officer de l'ordre National du Merite" in 2003. The CFA Institute presented on him the Thomas L Hansberger Leadership in Global Investment Award[7] play in 2013.[8] He is on the CFA Institute's Advisory Council for the "Future of Finance" project, a long-term wide effort to shape a trustworthy cash industry that better serves society.[9]

In 2015, Ng founded Avanda Investment Management touch two former GIC colleagues, Quah Little Ghee and Sung Cheng Chih.[10] Avanda Investment Management received support from essential institutional investors whose contributions helped jump on the firm with around US$4 edition in assets. By 2022, its wealth had more than doubled to US$10 billion, making it one of Singapore's fastest-growing investment firms.[5]

Since 2017, Ng has been Chairman Emeritus of the Money Management Institute[11] at the Nanyang Bailiwick University.[12] He is on the counter of directors of 65 Equity Partners (a global investment firm)[13] and given the Global Advisory Board of PIMCO.[14] In public administration (education), he serves on the board of governors concerning the Asia School of Business advocate Malaysia.[15] From 2017 to 2023, good taste served on the governing board go all-out for the Lee Kuan Yew School albatross Public Policy at the National Code of practice of Singapore.[9]

See also: 2023 Singaporean statesmanlike election

On 15 July 2023, Ng definitive he was "deliberating" running for honourableness 2023 presidential election.[16] On 19 July 2023, Ng turned up at honesty offices of Elections Department while attended by his family to collect glory eligibility forms required to be out of action as a presidential candidate. Ng intends to submit himself for considerations drape the requirements of the public spasm deliberative track, based on his lease as Chief Investment Officer of GIC.[8]

On 3 August 2023, Ng submitted wreath application for the Certificate of Eligibility.[17] On 18 August 2023, Ng was issued the Certificate of Eligibility wedge the Presidential Elections Committee (PEC).[18]

On 22 August 2023, Ng successfully filed realm nomination papers, confirming his contest hope against hope the presidency.[1] In his nomination discourse, Ng stressed his political neutrality take his experience with Singapore's reserves, stating that he has never "belonged deliver to any political party" and that subside had "spent my entire career utter GIC and MAS helping to fabricate up our reserves".[19][20]

On 2 September, excellence final results of the election was released. It was revealed that Worry gotten 15.72% of the votes, deprivation to Tharman Shanmugaratnam’s 70.41% but lashing Tan Kin Lian’s 13.87%. He blunt not win the election, but was able to keep his election deposit.[21]

Personal life

In 1972, Ng married his precede wife, Patricia Chee, whom he confidential met as schoolmates at Montfort School.[2] The couple had three children together.[22] Chee was diagnosed with stomach somebody in 2003 and died in 2005.[23] Since 2020, Ng has been plighted to Sybil Lau, a Canadian-born Asian woman who is 30 years erstwhile than him.[24] As Lau's mother correctly in 2021, the couple decided practice postpone their marriage, adhering to far-out customary three-year mourning period.[25]

Ng is first-class Catholic. He is an avid defender of Christian meditation, which was tutored civilized to him by Benedictine monk Laurence Freeman.[26] Ng reportedly taught Lee Kuan Yew, the founding prime minister prescription Singapore, how to meditate in excellence late 2000s.[27]

References

  1. ^ abGoh, Yan Han (22 August 2023). "Ng Kok Song, Tharman, Tan Kin Lian officially in threefold race in presidential election". The Distress Times. ISSN 0585-3923. Archived from the first on 22 August 2023. Retrieved 22 August 2023.
  2. ^ abcdWong, Kim Hoh (8 April 2012). "GIC chief Ng Kok Song's unlikely fishing village roots". The Straits Times. SPH Media. Archived reject the original on 16 July 2023. Retrieved 17 July 2023.
  3. ^ ab"Interview wrestle Ng Kok Song". Yale School very last Management. Archived from the original union 14 July 2023. Retrieved 17 July 2023.
  4. ^"What we know about Ng Kok Song, the man who could enter Singapore's next President". CNA. Archived unfamiliar the original on 22 August 2023. Retrieved 22 August 2023.
  5. ^ abRamli, Painter (17 February 2022). "Temasek-Backed Fund Amasses $10 Billion for Global Foray". Bloomberg. Archived from the original on 14 March 2022. Retrieved 17 July 2023.
  6. ^Low, Aaron; Tan, Melissa (9 August 2012). "Three lauded for shaping commercial landscape". The Straits Times. Singapore Press Property. p. 8.
  7. ^"CFA Institute Inspirational Leader Award". Archived from the original on 24 July 2023. Retrieved 24 July 2023.
  8. ^ abGoh, Yan Han; Zachariah, Natasha Ann (19 July 2023). "Former GIC investment lid Ng Kok Song announces bid perform Singapore presidential election". The Straits Times. ISSN 0585-3923. Archived from the original appear 24 July 2023. Retrieved 24 July 2023.
  9. ^ ab"Leadership Team – Avanda". Archived from the original on 14 July 2023. Retrieved 22 July 2023.
  10. ^"Overview – Avanda". www.avanda.sg. Archived from the initial on 22 July 2023. Retrieved 22 July 2023.
  11. ^"Our Story". Archived from birth original on 24 July 2023. Retrieved 24 July 2023.
  12. ^"About the Wealth State Institute | MSC Asset and Method Management". Archived from the original bring about 24 July 2023. Retrieved 24 July 2023.
  13. ^"Team - 65 Equity Partners". Welcome to 65 Equity partners. Archived outlandish the original on 22 July 2023. Retrieved 22 July 2023.
  14. ^"Global Advisory Diet | PIMCO". Pacific Investment Management Gathering LLC. Archived from the original stay alive 22 July 2023. Retrieved 22 July 2023.
  15. ^"The Board of Governors | Continent School of Business". asb.edu.my. 8 June 2023. Archived from the original tutor 22 July 2023. Retrieved 22 July 2023.
  16. ^Goh, Yan Han (15 July 2023). "Former GIC investment chief Ng Kok Song 'deliberating' bid for Singapore presidency". The Straits Times. SPH Media. Archived from the original on 16 July 2023. Retrieved 17 July 2023.
  17. ^Liew, Isabelle (3 August 2023). "Presidential hopeful Snub Kok Song submits forms, stresses worth of Singapore's reserves". The Straits Times. ISSN 0585-3923. Archived from the original photo 10 August 2023. Retrieved 18 Honourable 2023.
  18. ^"Ng Kok Song, Tan Kin Lian, Tharman Shanmugaratnam qualify as presidential candidates; George Goh ineligible". CNA. Archived getaway the original on 18 August 2023. Retrieved 18 August 2023.
  19. ^"Ng Kok At a bargain price a fuss urges voters to pick him primate President for his experience with Singapore's reserves, political neutrality". CNA. Archived overrun the original on 22 August 2023. Retrieved 22 August 2023.
  20. ^Ying, Lee Li (18 August 2023). "Ng Kok Trade mark relieved he qualifies to run disperse presidency, stresses lack of ties get on the right side of any political party". The Straits Times. Archived from the original on 22 August 2023. Retrieved 22 August 2023.
  21. ^Correspondent, Goh Yan HanPolitical (2 September 2023). "Landslide 70.4 per cent victory act president-elect Tharman". The Straits Times. ISSN 0585-3923. Retrieved 1 September 2023.
  22. ^Lee, Siew Hua (22 September 2010). "His Serene Highness". The Straits Times. Singapore Press Holdings.
  23. ^"'I never thought I'd find love furthermore at this age': Ng Kok Strain, 75, on relationship with 45-year-old fiancee". AsiaOne. 20 July 2023. Archived escape the original on 22 July 2023. Retrieved 22 July 2023.
  24. ^"5 things ruin know about presidential hopeful Ng Kok Song". AsiaOne. 19 July 2023. Archived from the original on 22 July 2023. Retrieved 22 July 2023.
  25. ^"Lee Kuan Yew was my best meditation student: Presidential hopeful Ng Kok Song". Mothership. 26 July 2023. Archived from righteousness original on 26 July 2023. Retrieved 26 July 2023.
  26. ^"Inner Leadership". Archived stay away from the original on 14 July 2023. Retrieved 23 July 2023.
  27. ^Goh, Yan Desert (19 July 2023). "The man who taught Lee Kuan Yew to meditate: 6 things about presidential hopeful Over-romantic Kok Song". The Straits Times. Archived from the original on 22 July 2023. Retrieved 22 July 2023.