Ms Ho Ching will be retiring from her position as CEO of Temasek Holdings and she will step down from its board from October 1 2021.
Mr Dilhan Pillay Sandrasegara will be taking over her place and he will succeed her as CEO and executive director.
This is the news release from Temasek Holdings.
The Board of Temasek Holdings has announced that Mr Dilhan Pillay Sandrasegara will succeed Ms Ho Ching as Executive Director and Chief Executive Officer of Temasek Holdings with effect from 1 October 2021. He will concurrently hold his current appointment as Chief Executive Officer of Temasek International (TI).
Announcing the change today, Mr Lim Boon Heng, Chairman of Temasek Holdings, noted: “Leadership succession is a strategic responsibility of the Board. We have had in place an annual review since the early 2000s. This is to enable the Board to be prepared for all eventualities, with various succession options over different time horizons.