Lim Chow Kiat

Appointed chief executive officer of GIC in January 2017, Lim Chow Kiat leads one of the world’s most influential sovereign-wealth investors—managing an estimated portfolio of over US$800 billion—through a global economic landscape defined by geopolitical fragmentation, technological transformation and shifting market dynamics.

Having joined GIC as a portfolio manager in 1993 after graduating with first-class honours in accountancy from Nanyang Technological University, Lim rose through key leadership roles, including president of GIC Asset Management, president of GIC Europe, group chief investment officer and deputy group president. Today, he chairs the Group Executive Committee governing GIC’s investment, risk and business decisions, bearing primary responsibility for the overall performance and long-term strategy of Singapore’s national reserves.

Under his stewardship, GIC achieved an annualised nominal US-dollar return of 5.6 per cent and a real return of 3.4 per cent over the 20-year period ending March 2026, demonstrating sustained wealth preservation and intergenerational growth above global inflation. In response to structural shifts, Lim spearheaded a refreshed investment framework in 2026 that prioritises flexible capital allocation, granular risk management and strategic exposure to the burgeoning AI economy—including semiconductors, power grids and energy infrastructure—alongside green investments.

A chartered financial analyst and Stanford Executive Programme alumnus, Lim also chairs the Wealth Management Institute and sits on the boards of the National Research Foundation, Agence France Trésor’s Strategic Committee and the World Economic Forum International Business Council. Balancing institutional scale with strategic foresight, he continues to reinforce Singapore's long-term fiscal resilience.