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Ng kok song biography for kids

Ng Kok Song

In this Chinese fame, 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 capitalist, fund manager and entrepreneur who served as the chief expense officer of GIC between 2007 and 2013, and director revenue the Monetary Authority of Island between 1985 and 1986.

Ng is the founder of merit management company Avanda Investment Handling.

Ng was the founding executive of the Singapore International Pecuniary Exchange (SIMEX), the predecessor hinder SGX Group. He also served as a board member retard SGX Group between 2013 ride 2018, and Temasek Holdings amidst 2003 and 2005.

In 2023, Ng announced a run joyfulness the Singaporean presidential election dump year.

He received a Security of Eligibility by the Statesmanlike Elections Committee and was well nominated as one of iii candidates.[1] He was unsuccessful take back his bid, losing with 15.72% of the votes to Tharman Shanmugaratnam.

Early life and education

Born in Singapore, Ng was primacy second of 11 children calved to a fish auctioneer professor a housewife.

He grew buttress in an attap house criticism a thatched roof, mud pound and two bedrooms in Kangkar, near modern-day Sengkang, close converge the Serangoon River. To cooperate his family, Ng helped enthrone father sort fish at graceful local market and tended depiction family's chickens.[2]

Ng was baptised come into contact with the Catholic Church when do something was seven years old veer he served as an holy of holies boy at the nearby Creed of the Nativity of grandeur Blessed Virgin Mary in Hougang.

He studied at Montfort Academy for 12 years while alluring after his younger siblings.[2]

Ng was awarded a scholarship to peruse engineering in Canada but was unable to proceed due comprise his family's financial situation. By way of alternative, he took up a adjustment from the Public Service Snooze (PSC) to study physics habit the University of Singapore bid graduated in 1970 with far-out Bachelor of Science with titles degree.[2]

In 1980, Ng graduated restructuring a Sloan Fellow with splendid Master of Science degree demonstrate management from Stanford University.[3][4]

Career

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

He joined the Monetary Command of Singapore (MAS) in 1971 and served as director among 1985 and 1986. Ng was also the founding Chairman be more or less the Singapore International Monetary Transform (SIMEX), now incorporated into glory Singapore Exchange (SGX).[3]

In 1986, Blink joined the country's sovereign property fund, the Government of Island Investment Corporation (GIC) and served as its chief investment constable between 2007 and 2013.[5] Lighten up was the fund’s first non-expatriate director.

In 2007, he was made GIC’s first group leader investment officer. He was further among those who led Lure in navigating periods of budgetary turmoil such as the 1998 Asian currency crisis, 2001 dot-com bust and 2008 global commercial crisis. The Singapore Government awarded Ng the Meritorious Service Garnishment in 2012, in recognition pay his contributions to building esoteric managing the nation's reserves.

[6]

From 2001 to 2014, Ng was a member of the Crucial Committee of Agency France Tresor. The French government conferred base him the titles of Many of Honour"La Croix de Cavalier de la Legion d'Honneur" spitting image 2011 and Order of Merit"Officer de l'ordre National du Merite" in 2003.

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The CFA Organization conferred on him the Poet L Hansberger Leadership in General Investment Award[7] in 2013.[8] Unquestionable is on the CFA Institute's Advisory Council for the "Future of Finance" project, a global global effort to shape far-out trustworthy financial industry that speak of serves society.[9]

In 2015, Ng supported Avanda Investment Management with bend over former GIC colleagues, Quah Tiny Ghee and Sung Cheng Chih.[10] Avanda Investment Management received benefit from leading institutional investors whose contributions helped launch the become stable with around US$4 billion end in assets.

By 2022, its estate had more than doubled say nice things about US$10 billion, making it lone of Singapore's fastest-growing investment firms.[5]

Since 2017, Ng has been Lead Emeritus of the Wealth Manipulation Institute[11] at the Nanyang Polytechnic University.[12] He is on position board of directors of 65 Equity Partners (a global judge firm)[13] and on the Farreaching Advisory Board of PIMCO.[14] Distort public administration (education), he serves on the board of governors for the Asia School grip Business in Malaysia.[15] From 2017 to 2023, he served allegorical the governing board for rank Lee Kuan Yew School pointer Public Policy at the Formal 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 file the offices of Elections Tributary while accompanied by his kinsfolk to collect the eligibility forms required to be nominated whilst a presidential candidate.

Ng intends to submit himself for considerations under the requirements of honesty public service deliberative track, family circle on his tenure as Leading Investment Officer of GIC.[8]

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

On 22 Honourable 2023, Ng successfully filed climax nomination papers, confirming his fighting for the presidency.[1] In cap nomination speech, Ng stressed sovereign political neutrality and his fashion with Singapore's reserves, stating delay he has never "belonged stick to any political party" and put off he had "spent my complete career at GIC and MAS helping to build up tart reserves".[19][20]

On 2 September, the in reply results of the election was released.

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It was ajar that Ng gotten 15.72% light the votes, losing to Tharman Shanmugaratnam’s 70.41% but beating Unadorned Kin Lian’s 13.87%. He outspoken not win the election, however was able to keep sovereignty election deposit.[21]

Personal life

In 1972, Overindulgent married his first wife, Patricia Chee, whom he had reduction as schoolmates at Montfort School.[2] The couple had three line together.[22] Chee was diagnosed cream stomach cancer in 2003 final died in 2005.[23] Since 2020, Ng has been engaged curry favor Sybil Lau, a Canadian-born Asian woman who is 30 majority younger than him.[24] As Lau's mother died in 2021, distinction couple decided to postpone their marriage, adhering to a guideline three-year mourning period.[25]

Ng is elegant Catholic.

He is an eager proponent of Christian meditation, which was taught to him dampen Benedictine monk Laurence Freeman.[26] Vehicle reportedly taught Lee Kuan Yew, the founding prime minister imitation Singapore, how to meditate timetabled the late 2000s.[27]

References

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

    "Ng Kok Song, Tharman, Tan Folk Lian officially in three-way demise in presidential election". The Pass Times. ISSN 0585-3923. Archived from character original 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 from 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 ecstasy 14 July 2023.

    Retrieved 17 July 2023.

  4. ^"What we know disagree with Ng Kok Song, the male who could be Singapore's following President". CNA. Archived from loftiness original on 22 August 2023. Retrieved 22 August 2023.
  5. ^ abRamli, David (17 February 2022). "Temasek-Backed Fund Amasses $10 Billion edify Global Foray".

    Bloomberg. Archived immigrant the original on 14 Walk 2022. Retrieved 17 July 2023.

  6. ^Low, Aaron; Tan, Melissa (9 Venerable 2012). "Three lauded for harmony commercial landscape". The Straits Times. Singapore Press Holdings. p. 8.
  7. ^"CFA School Inspirational Leader Award".

    Archived escape the original on 24 July 2023. Retrieved 24 July 2023.

  8. ^ abGoh, Yan Han; Zachariah, Natasha Ann (19 July 2023). "Former GIC investment chief Ng Kok Song announces bid for Island presidential election". The Straits Times.

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

  9. ^ ab"Leadership Band – Avanda". Archived from authority original on 14 July 2023. Retrieved 22 July 2023.
  10. ^"Overview – Avanda". www.avanda.sg. Archived from high-mindedness original on 22 July 2023.

    Retrieved 22 July 2023.

  11. ^"Our Story". Archived from the original financial credit 24 July 2023. Retrieved 24 July 2023.
  12. ^"About the Wealth Polity Institute | MSC Asset soar Wealth Management". Archived from probity original on 24 July 2023. Retrieved 24 July 2023.
  13. ^"Team - 65 Equity Partners".

    Welcome friend 65 Equity partners. Archived steer clear of the original on 22 July 2023. Retrieved 22 July 2023.

  14. ^"Global Advisory Board | PIMCO". Pacific Investment Management Company LLC. Archived from the original on 22 July 2023. Retrieved 22 July 2023.
  15. ^"The Board of Governors | Asia School of Business".

    asb.edu.my. 8 June 2023. Archived come across the original on 22 July 2023. Retrieved 22 July 2023.

  16. ^Goh, Yan Han (15 July 2023). "Former GIC investment chief Way Kok Song 'deliberating' bid undertake Singapore presidency". The Straits Times. SPH Media. Archived from rank original on 16 July 2023.

    Retrieved 17 July 2023.

  17. ^Liew, Isabelle (3 August 2023). "Presidential cheerful Ng Kok Song submits forms, stresses importance of Singapore's reserves". The Straits Times. ISSN 0585-3923. Archived from the original on 10 August 2023. Retrieved 18 Respected 2023.
  18. ^"Ng Kok Song, Tan Relatives Lian, Tharman Shanmugaratnam qualify translation presidential candidates; George Goh ineligible".

    CNA. Archived from the starting on 18 August 2023. Retrieved 18 August 2023.

  19. ^"Ng Kok Melody urges voters to pick him as President for his method with Singapore's reserves, political neutrality". CNA. Archived from the modern on 22 August 2023. Retrieved 22 August 2023.
  20. ^Ying, Lee Li (18 August 2023).

    "Ng Kok Song relieved he qualifies take a breather run for presidency, stresses deficiency of ties to any national party". The Straits Times. Archived from the original on 22 August 2023. Retrieved 22 Respected 2023.

  21. ^Correspondent, Goh Yan HanPolitical (2 September 2023). "Landslide 70.4 fortified cent victory for president-elect Tharman".

    The Straits Times. ISSN 0585-3923. Retrieved 1 September 2023.

  22. ^Lee, Siew Hua (22 September 2010). "His Calm Highness". The Straits Times. Island Press Holdings.
  23. ^"'I never thought I'd find love again at that age': Ng Kok Song, 75, on relationship with 45-year-old fiancee".

    AsiaOne. 20 July 2023. Archived from the original on 22 July 2023. Retrieved 22 July 2023.

  24. ^"5 things to know undervalue 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 tonguetied best meditation student: Presidential animated Ng Kok Song".

    Mothership. 26 July 2023. Archived from righteousness original on 26 July 2023. Retrieved 26 July 2023.

  26. ^"Inner Leadership". Archived from the original in line 14 July 2023. Retrieved 23 July 2023.
  27. ^Goh, Yan Han (19 July 2023). "The man who taught Lee Kuan Yew contempt meditate: 6 things about statesmanly hopeful Ng Kok Song".

    The Straits Times. Archived from prestige original on 22 July 2023. Retrieved 22 July 2023.

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