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GIC Deputy Chair Quits For Presidency
The Government Investment Corporation of Singapore deputy chairman Tony Tan is stepping down from his position.
TheGovernment Investment Corporation of Singapore(GIC)’s deputy chairmanTony Tanis stepping down from his position,金融时报》reports. He will run for the position of president in an election that must be held before end-August.
Tan, who was deputy prime minister before joining GIC in 2006, has also resigned as Chairman ofSingapore Press Holdings, addsReuters. His departure follows a major reshuffle at the $247.5 billion GIC.
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