Temasek hires BofAML executive Tan Chong Lee
Temasek Holdings has poached Tan Chong Lee from Bank of America-Merrill Lynch (BofAML). The sovereign wealth fund confirmed the appointment but didn’t provide details of the role. Sources told Reuters that Tan, who was BofAML’s Southeast Asia head of corporate and investment banking, would serve as senior managing director and CIO-designate.
Tan's appointment comes after a protracted period of reshuffling at Temasek. Charles Ong, a senior managing director at the fund, recently joined his brother Richard Ong's $2.3 billion private equity firm...
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