Mapletree Investments' CFO Wendy Koh to join Temasek as CFO

Jovi Ho

Jun 19

Png Chin Yee will relinquish her concurrent role as Temasek's CFO from Oct 1, focusing on her role as president of Temasek Singapore.Temasek has announced the appointment of Wendy Koh as chief ...

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Koh will assume the role of Temasek's chief financial officer (CFO) on Oct 1. \nKoh joins Temasek from the unlisted Mapletree Investments, where she is currently group CFO. \nPng Chin Yee will relinquish her role as Temasek's CFO from Oct 1, close to four years after her appointment in January 2023. In her concurrent role as president of Temasek Singapore, she oversees Temasek's Singapore-based portfolio companies, working to strengthen performance, drive value creation and deliver sustainable long-term returns across the portfolio.\nKoh brings over three decades of experience across finance, capital markets, and corporate strategy. She is currently a non-executive director of Mapletree Logistics Trust Management, Mapletree Industrial Trust Management and MPACT Management.\nShe also serves as the chairman of the Singapore Management University (SMU) advisory board for its real estate programme.\nPrior to this, she was Mapletree Investments' regional chief executive officer, Southeast Asia. She was previously engaged by Mapletree as an adviser and was involved in the formulation of Mapletree's second five-year plan.\nBefore joining Mapletree, Koh was co-head of Asia Pacific property research at Citi Investment Research.\nKoh holds a Bachelor of Business (Honours) degree specialising in Financial Analysis from Nanyang Technological University and the professional designation of Chartered Financial Analyst from the CFA Institute.\nMapletree Investments' CFO returns to role\nReplacing Koh at Mapletree Investments is Wong Mun Hoong, currently regional CEO of Australia and North Asia. Responding to The Edge Singapore, Mapletree Investments confirms Wong will hold both positions concurrently. \n\nWong was Mapletree Investments' group CFO from 2006 to July 2019. Prior to joining Mapletree in 2006, Wong had over 14 years of investment banking experience in Asia - 10 of which were with Merrill Lynch & Co, having worked at its Singapore, Hong Kong and Tokyo offices.\nWong graduated with a Bachelor of Accountancy (Honours) degree from NUS in 1990, and holds the professional designation of Chartered Financial Analyst from the CFA Institute of the United States. He attended the Advanced Management Programme at INSEAD Business School.\nMapletree's latest financial year\nTemasek-owned Mapletree Investments' profit for the financial year ended March 31 rose 25.7% y-o-y to $285.6 million, announced the group on June 2. \nRevenue for FY2026 ended March 31 was $2.2 billion, unchanged y-o-y; while recurring Patmi was 2.7% higher y-o-y at $622.8 million.\nThe group recorded $76.2 billion in assets under management (AUM) as at March 31, lower than the $80.3 billion posted the year prior. The fall comes as the group undergoes a series of strategic divestments and monetisation programmes, where the group recorded total gross proceeds of $4.2 billion. This includes more than $2.5 billion of asset monetisations by its private funds.\nSee also:\nMapletree Investments' FY2026 profit rises 25.7% to $285.6 mil as logistics development gains pace\nJP Morgan says likelihood of CLI-Mapletree merger has diminished","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}