AYALA CORP. Chairman Jaime Augusto Zobel de Ayala was named as one of the newest directors of Temasek Holdings Ltd., an investment company in Singapore with a focus on “sustainable solutions.”
In a statement dated Nov. 10, Temasek said the appointments came after retirements in the last two years. Mr. Zobel will also be joined by Tan Chee Meng SC, who is the deputy chairman of what is said to be one of the Lion City’s largest law firms, WongPartnership LLP, and a director at Ausnet Services Ltd.
“Jaime and Chee Meng are pre-eminent leaders in their fields and professions. However, beyond their professional areas, they are both deeply committed to their communities, which is important to Temasek given our wider stewardship role,” said Lim Bong Heng, chairman at Temasek.
Temasek said the two will be joining its board beginning Jan. 1 next year, along with GGV Capital Managing Partner Jenny Lee.
“Together with Jenny, who joins the Board on the same day, we look forward to the contribution each of these leaders will make to the future development of our firm,” Temasek said.
Temasek describes itself as a firm that “actively seeks sustainable solutions to address present and future challenges, as it captures investible opportunities to bring about a sustainable future for all.” — K.C.G. Valmonte