Dilhan Pillay Sandrasegara: Indian-origin lawyer to succeed PM’s wife as CEO of Singapore’s Temasek

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Singapore: Indian-origin main company lawyer Dilhan Pillay Sandrasegara will succeed Prime Minister Lee Hsien Loong’s wife as chief government officer and government director of a state-owned wealth administration group.

Sandrasegara will take over from Ho Ching, who has been serving in management roles on the wealth administration group Temasek Holdings since 2004, on October 1.

“Leadership succession is a strategic responsibility of the board,” stated Temasek Holdings chairman Lim Boon Heng.

“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,” Channel News Asia reported on Tuesday quoting Lim.

Lim described Sandrasegara as a longtime main company lawyer, who joined Temasek 10 years in the past “with a sense of mission and purpose”.

Sandrasegara has since performed “several critical roles” in Temasek, together with a two-year stint as head of the Americas, primarily based out of New York.

In 2019, he was appointed CEO of Temasek International, the place he was accountable for the investor function of Temasek, managing its funding and portfolio actions.

Sandrasegara will keep on as Temasek International CEO after October 1.

In his new function as Temasek Holdings CEO, Sandrasegara shall be accountable for the stewardship function of the group, “particularly in respect of Temasek’s constitutional responsibilities to safeguard its own past reserves,” stated Lim.

Lim additionally paid tribute to Ho for her management roles

“Indeed, she (Ho) has been very active, working over the years to identify various potential successors both inside and outside of Temasek. She has also played a key role in nurturing a strong leadership bench in Temasek, several of whom have gone on to CEO appointments beyond Temasek,” he stated.

Sandrasegara stated he was honoured to tackle the brand new appointment.

“In continuing our mission to generate long-term sustainable returns beyond our current generation, core to our success will be our commitment to build a better, more sustainable world,” he stated.

“Our collective focus shall be on doing proper and doing good, even as we attempt to do properly, with conviction and objective, as we proceed to do issues at this time with tomorrow clearly on our thoughts,” he stated.

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