[CORPORATE ANNOUNCEMENT] Dilhan Pillay Sandrasegara will succe | Temasek

[CORPORATE ANNOUNCEMENT]
Dilhan Pillay Sandrasegara will succeed Ho Ching as Executive Director and CEO of Temasek Holdings with effect from 1 Oct 2021. He will concurrently hold his current appointment as CEO of Temasek International (TI).
 
Ho Ching will retire from Temasek Holdings and step down from its Board on 1 Oct 2021. To provide continuity during this leadership renewal, Lee Theng Kiat will continue as Temasek Board Member and Chairman of Temasek International.
 
Announcing the change, Lim Boon Heng, Chairman, Temasek Holdings, noted: “Leadership succession is a strategic responsibility of the Board. We have had in place an annual review since the early 2000s.  This is to enable the Board to be prepared for all eventualities, with various succession options over different time horizons.  
 
“As CEO of Temasek Holdings, Dilhan will have the responsibility for the Stewardship role of Temasek, particularly in respect of Temasek’s Constitutional responsibilities to safeguard its own past reserves, as a Fifth Schedule entity. The Board looks forward to working with him as the owner of those responsibilities, and will support him and his team in whatever ways needed.”
 
Full statement on Temasek Holdings leadership renewal here: https://tmsk.sg/ygv