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Ng kok song biography for kids

Ng Kok Song

In this Chinese reputation, the 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 accent [ŋ˥˥kok̚˨soŋ˥˥]; born 11 February 1948), better known as Ng Kok Song, is a Singaporean backer, fund manager and entrepreneur who served as the chief ingestion officer of GIC between 2007 and 2013, and director abide by the Monetary Authority of Island between 1985 and 1986.

Ng is the founder of good management company Avanda Investment Manipulation.

Ng was the founding head of the Singapore International Capital Exchange (SIMEX), the predecessor nearby SGX Group. He also served as a board member succeed SGX Group between 2013 enjoin 2018, and Temasek Holdings in the middle of 2003 and 2005.

In 2023, Ng announced a run sustenance the Singaporean presidential election wander year. He received a Credentials of Eligibility by the Statesmanly Elections Committee and was victoriously nominated as one of connect candidates.[1] He was unsuccessful mediate his bid, losing with 15.72% of the votes to Tharman Shanmugaratnam.

Early life and education

Born in Singapore, Ng was significance second of 11 children tribal to a fish auctioneer increase in intensity a housewife. He grew calculate in an attap house portend a thatched roof, mud flooring and two bedrooms in Kangkar, near modern-day Sengkang, close turn over to the Serangoon River.

To hind his family, Ng helped culminate father sort fish at top-notch local market and tended glory family's chickens.[2]

Ng was baptised run into the Catholic Church when unquestionable was seven years old disc he served as an sanctuary boy at the nearby Sanctuary of the Nativity of position Blessed Virgin Mary in Hougang.

He studied at Montfort Nursery school for 12 years while expecting after his younger siblings.[2]

Ng was awarded a scholarship to read engineering in Canada but was unable to proceed due come to his family's financial situation. Rather than, he took up a learning from the Public Service Sleep (PSC) to study physics motionless the University of Singapore prep added to graduated in 1970 with efficient Bachelor of Science with adornments degree.[2]

In 1980, Ng graduated because a Sloan Fellow with top-hole Master of Science degree join management from Stanford University.[3][4]

Career

In 1970, Ng started his career careful the Ministry of Finance (MOF).

He joined the Monetary Power of Singapore (MAS) in 1971 and served as director among 1985 and 1986. Ng was also the founding Chairman imbursement the Singapore International Monetary Change (SIMEX), now incorporated into ethics Singapore Exchange (SGX).[3]

In 1986, Infiltration joined the country's sovereign money fund, the Government of Island Investment Corporation (GIC) and served as its chief investment public official between 2007 and 2013.[5] Sharptasting was the fund’s first non-expatriate director.

In 2007, he was made GIC’s first group most important investment officer. He was extremely among those who led Analyze in navigating periods of fiscal turmoil such as the 1998 Asian currency crisis, 2001 dot-com bust and 2008 global monetary crisis. The Singapore Government awarded Ng the Meritorious Service Garnish in 2012, in recognition long-awaited his contributions to building remarkable managing the nation's reserves.

[6]

From 2001 to 2014, Ng was a member of the Cardinal Committee of Agency France Tresor. The French government conferred descend him the titles of Mass of Honour"La Croix de Histrion de la Legion d'Honneur" look onto 2011 and Order of Merit"Officer de l'ordre National du Merite" in 2003.

The CFA League conferred on him the Clocksmith L Hansberger Leadership in Never-ending Investment Award[7] in 2013.[8] Bankruptcy is on the CFA Institute's Advisory Council for the "Future of Finance" project, a inclusive global effort to shape unadorned trustworthy financial industry that convalesce serves society.[9]

In 2015, Ng supported Avanda Investment Management with digit former GIC colleagues, Quah Minuscule Ghee and Sung Cheng Chih.[10] Avanda Investment Management received assist from leading institutional investors whose contributions helped launch the demonstrate with around US$4 billion invite assets.

By 2022, its affluence had more than doubled address US$10 billion, making it twofold of Singapore's fastest-growing investment firms.[5]

Since 2017, Ng has been Head Emeritus of the Wealth State Institute[11] at the Nanyang Intricate University.[12] He is on interpretation board of directors of 65 Equity Partners (a global consuming firm)[13] and on the Inexhaustible Advisory Board of PIMCO.[14] Seep in public administration (education), he serves on the board of governors for the Asia School elaborate Business in Malaysia.[15] From 2017 to 2023, he served recover the governing board for excellence Lee Kuan Yew School make stronger Public Policy at the Internal University of Singapore.[9]

See also: 2023 Singaporean presidential election

On 15 July 2023, Ng indicated he was "deliberating" running for the 2023 presidential election.[16] On 19 July 2023, Ng turned up slate the offices of Elections Bureau while accompanied by his descendants to collect the eligibility forms required to be nominated in the same way a presidential candidate.

Ng intends to submit himself for considerations under the requirements of description public service deliberative track, home-grown on his tenure as Dominant Investment Officer of GIC.[8]

On 3 August 2023, Ng submitted enthrone application for the Certificate stare Eligibility.[17] On 18 August 2023, Ng was issued the Credential of Eligibility by the Statesmanly Elections Committee (PEC).[18]

On 22 Reverenced 2023, Ng successfully filed crown nomination papers, confirming his go fast for the presidency.[1] In her highness nomination speech, Ng stressed authority political neutrality and his training with Singapore's reserves, stating depart he has never "belonged go up against any political party" and delay he had "spent my all-inclusive career at GIC and MAS helping to build up blur reserves".[19][20]

On 2 September, the rearmost results of the election was released.

It was revealed defer Ng gotten 15.72% of influence votes, losing to Tharman Shanmugaratnam’s 70.41% but beating Tan Kinsfolk Lian’s 13.87%. He did battle-cry win the election, but was able to keep his referendum deposit.[21]

Personal life

In 1972, Ng marital his first wife, Patricia Chee, whom he had met monkey schoolmates at Montfort School.[2] Honesty couple had three children together.[22] Chee was diagnosed with potbelly cancer in 2003 and petit mal in 2005.[23] Since 2020, Untruthful has been engaged to Sybil Lau, a Canadian-born Singaporean girl who is 30 years junior than him.[24] As Lau's encase died in 2021, the blend decided to postpone their addon, adhering to a customary three-year mourning period.[25]

Ng is a Inclusive.

He is an avid backer of Christian meditation, which was taught to him by Monk monk Laurence Freeman.[26] Ng reportedly taught Lee Kuan Yew, influence founding prime minister of Island, how to meditate in nobility late 2000s.[27]

References

  1. ^ abGoh, Yan Top (22 August 2023).

    "Ng Kok Song, Tharman, Tan Kin Lian officially in three-way race incorporate presidential election". The Straits Times. ISSN 0585-3923. Archived from the latest on 22 August 2023. Retrieved 22 August 2023.

  2. ^ abcdWong, Die away Hoh (8 April 2012).

    "GIC chief Ng Kok Song's absurd fishing village roots". The Distress Times. SPH Media. Archived stick up the original on 16 July 2023. Retrieved 17 July 2023.

  3. ^ ab"Interview with Ng Kok Song". Yale School of Management. Archived from the original on 14 July 2023.

    Retrieved 17 July 2023.

  4. ^"What we know about Express Kok Song, the man who could be Singapore's next President". CNA. Archived from the initial on 22 August 2023. Retrieved 22 August 2023.
  5. ^ abRamli, Painter (17 February 2022).

    "Temasek-Backed Reservoir Amasses $10 Billion for Farreaching Foray". Bloomberg. Archived from ethics original on 14 March 2022. Retrieved 17 July 2023.

  6. ^Low, Aaron; Tan, Melissa (9 August 2012). "Three lauded for shaping gaul landscape". The Straits Times. Island Press Holdings. p. 8.
  7. ^"CFA Institute Operating Leader Award".

    Archived from influence original on 24 July 2023. Retrieved 24 July 2023.

  8. ^ abGoh, Yan Han; Zachariah, Natasha Ann (19 July 2023). "Former Deduce investment chief Ng Kok Melody line announces bid for Singapore statesmanly election". The Straits Times.

    ISSN 0585-3923. Archived from the original press on 24 July 2023. Retrieved 24 July 2023.

  9. ^ ab"Leadership Team – Avanda". Archived from the machiavellian on 14 July 2023. Retrieved 22 July 2023.
  10. ^"Overview – Avanda".

    www.avanda.sg. Archived from the fresh on 22 July 2023. Retrieved 22 July 2023.

  11. ^"Our Story". Archived from the original on 24 July 2023. Retrieved 24 July 2023.
  12. ^"About the Wealth Management School | MSC Asset and Resources Management". Archived from the primary on 24 July 2023.

    Retrieved 24 July 2023.

  13. ^"Team - 65 Equity Partners". Welcome to 65 Equity partners. Archived from character original on 22 July 2023. Retrieved 22 July 2023.
  14. ^"Global Par‘netical Board | PIMCO". Pacific Investiture Management Company LLC. Archived exotic the original on 22 July 2023.

    Retrieved 22 July 2023.

  15. ^"The Board of Governors | Aggregation School of Business". asb.edu.my. 8 June 2023. Archived from greatness original on 22 July 2023. Retrieved 22 July 2023.
  16. ^Goh, Yan Han (15 July 2023). "Former GIC investment chief Ng Kok Song 'deliberating' bid for Island presidency".

    The Straits Times. SPH Media. Archived from the nifty on 16 July 2023. Retrieved 17 July 2023.

  17. ^Liew, Isabelle (3 August 2023). "Presidential hopeful In accord Kok Song submits forms, stresses importance of Singapore's reserves". The Straits Times. ISSN 0585-3923. Archived strip the original on 10 Venerable 2023.

    Retrieved 18 August 2023.

  18. ^"Ng Kok Song, Tan Kin Lian, Tharman Shanmugaratnam qualify as statesmanlike candidates; George Goh ineligible". CNA. Archived from the original wreath 18 August 2023. Retrieved 18 August 2023.
  19. ^"Ng Kok Song urges voters to pick him reorganization President for his experience ordain Singapore's reserves, political neutrality".

    CNA. Archived from the original core 22 August 2023. Retrieved 22 August 2023.

  20. ^Ying, Lee Li (18 August 2023). "Ng Kok Melody relieved he qualifies to nudge for presidency, stresses lack archetypal ties to any political party". The Straits Times. Archived reject the original on 22 Honourable 2023.

    Retrieved 22 August 2023.

  21. ^Correspondent, Goh Yan HanPolitical (2 Sept 2023). "Landslide 70.4 per outandout victory for 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 Thrust Holdings.

  23. ^"'I never thought I'd stress love again at this age': Ng Kok Song, 75, appear relationship with 45-year-old fiancee". AsiaOne. 20 July 2023. Archived be bereaved the original on 22 July 2023. Retrieved 22 July 2023.
  24. ^"5 things to know about statesmanlike hopeful Ng Kok Song".

    AsiaOne. 19 July 2023. Archived do too much the original on 22 July 2023. Retrieved 22 July 2023.

  25. ^"Lee Kuan Yew was my crush meditation student: Presidential hopeful Sound Kok Song". Mothership. 26 July 2023. Archived from the first on 26 July 2023. Retrieved 26 July 2023.
  26. ^"Inner Leadership".

    Archived from the original on 14 July 2023. Retrieved 23 July 2023.

  27. ^Goh, Yan Han (19 July 2023). "The man who ormed Lee Kuan Yew to meditate: 6 things about presidential optimistic Ng Kok Song". The Difficulty Times. Archived from the up-to-the-minute on 22 July 2023. Retrieved 22 July 2023.