Hong Kong will appoint Clara Chan as the first CEO of an $8 billion fund which will focus on investing in firms throughout the Greater Bay Area, while Australia-based climate change advisory firm Pollination has appointed Law Heng Dean as managing director of its Singapore unit.
Hong Kong appoints CEO for $8b fund
Hong Kong will appoint Clara Chan as the first CEO of an $8 billion fund which will focus on investing in firms throughout the Greater Bay Area.
In her new role, Chan will manage eight general partners leading investments in technology, health care, logistics and supply chain management, financial services and consumer products. Chan is expected to be the CEO of the Hong Kong Investment (HKIC) in the upcoming weeks, added the report.
Chan is an executive director at the Hong Kong Monetary Authority (HKMA). She joined the HKMA in 2010 as director of direct investment and was appointed executive director of monetary management in 2020.
Pollination appoints MD for Singapore unit
Australia-based climate change advisory firm Pollination has appointed Law Heng Dean as managing director of its Singapore unit.
Law Heng Dean has been the director of Singaporean state investor Temasek for 11 years. Before that, he was the First Secretary of Singapore Embassy in Jakarta.
The former vice-president of Hong Kong Exchanges and Clearing, Diego de Sartiges will also be joining Law Heng Dean as managing director of Pollination, added the report.