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Temasek Names Seatown CEO
Singapore’s sovereign wealth fund Temasek has appointed Jimmy Phoon as CEO of hedge fund Seatown.
Singapore’s sovereign wealth fundTemasekhas appointedJimmy Phoonas CEO of hedge fundSeatown,The Wall Street Journalreports. He will replaceCharles OngandNasser Ahmad.
Ong will become Temasek’s senior managing director of special products, while Ahmad will remain as an adviser to Seatown through the end of the year. Phoon, who is currently head of strategy at Temasek, will retain that role in addition to running the $2.9 billion hedge fund.
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