Singapore's sovereign wealth fund, GIC, has announced a significant restructuring of its senior investment leadership team, effective October 1, 2026. The changes include the creation of two new deputy group chief investment officer positions, a move designed to strengthen the fund's oversight of its global investment operations. These appointments come as the organization seeks to navigate an increasingly complex global macroeconomic environment.
Choo Yong Cheen, currently the chief investment officer for private equity, will concurrently serve as a deputy group chief investment officer. In this expanded capacity, he will oversee private market asset classes, including real estate, infrastructure, and the Integrated Strategies Group, which focuses on less conventional investment opportunities. Liew Tzu Mi, who currently leads the Fixed Income & Multi Asset division and the Portfolio Execution & Solutions Group, will also become a deputy group chief investment officer. She will step down from her fixed income role but will continue to lead the execution group while taking on new responsibilities for total portfolio research and strategy.
To fill the vacancy left by Liew, Liang Jiajie has been promoted to chief investment officer for Fixed Income & Multi Asset. Liang, who has been part of the division's core leadership for nearly a decade, will also continue his role as head of global macro. Under the new structure, all chief investment officers will continue to report directly to the group chief investment officer. GIC chief executive officer Lim Chow Kiat noted that these promotions are intended to foster cross-domain leadership and create greater value for the total portfolio by leveraging synergies across diverse investment strategies.