Former PAP minister Lim Boon Heng appointed as director of Temasek Holdings
Posted by temasektimes on June 7, 2012
Former PAP minister Lim Boon Heng has been appointed as director of Temasek Holdings with effect from 1 June 2012 as reflected on its official website:
Mr Lim holds several positions in the Singapore government from 1993 to 2011. His last position was a Minister in the Prime Minister’s Office. He was also a former Secretary-General of Singapore’s only legal trade union NTUC.
It is a common practice in Singapore for retired ministers to be appointed as directors of government-linked companies. A former PAP minister Dr Lee Boon Yang, a vet by training, was appointed as a director of shipbuilding company Keppel Holdings after he relinquished his cabinet position last year.
Temasek Holdings is Singapore’s second largest sovereign wealth fund and its CEO is Ho Ching, the wife of Prime Minister Lee Hsien Loong.