Temasek Holdings appoints Robert B Zoellick to its Board of Directors
Temasek Holdings (Private) Limited announces the appointment of Mr Robert B Zoellick to its Board of Directors, with effect from 15 August 2013, said in the company's press release.
With a distinguished career which spans academia, government, politics and business, Mr Zoellick, 60, brings with him extensive international experience as well as an in-depth knowledge of the global economy and international finance.
Mr Zoellick was the President of the World Bank from July 2007 through June last year. He had also served the US Government in various roles over the years, including as the US Trade Representative (2001 to 2005) and Deputy Secretary of State (2005-2006) during the Administration of President George W Bush. During his tenure as US Trade Representative, the USA signed its Free Trade Agreement with Singapore, as well as with 11 other countries.
Mr Lim Boon Heng, Chairman of Temasek, welcomed Mr Zoellick to the Temasek Board, “We are very pleased that Bob has accepted our invitation to join the Temasek Board. He brings a wealth of experience in international business, diplomacy and finance that will be both welcome and valuable on our Board.
“His appointment to our Board also comes at an opportune time, as Temasek sets out to establish its first US office in the near future. Bob’s insights will be especially helpful as we continue to explore opportunities in USA, Europe and also in the various growth markets.”
Commenting on his appointment, Mr Zoellick said “I have a high regard for Singapore, and welcome its contribution to international business, finance and trade.”
“Over the years, I have also come to know Temasek well, and have followed its growing reputation as a well-regarded international investor. Its commitment to strong corporate governance principles is very important to set the tone in international investing. I look forward to being part of a very strong team as I join the Temasek Board.”
Mr Zoellick currently serves on the International Advisory Board of Rolls-Royce Group plc, which has a sizeable aircraft engine facility in Singapore. He is also a Distinguished Visiting Fellow of the Peterson Institution for International Economics, and concurrently a Senior Fellow at the Belfer Center for Science and International Affairs of the Kennedy School of Government at Harvard University.
Mr Zoellick holds a J.D. magna cum laude from the Harvard Law School and a Master of Public Policy from the John F Kennedy School of Government at Harvard. He has received numerous awards and honours for his work in public service in the United States, Germany and elsewhere.
