Temasek creates European Advisory Panel
Posted on 01 February, 2016 by Mark Chatterley, reporter
The investment firm of the government of Singapore creates a panel to share insights and perspectives on political, economic, social and industry trends in the region.
Temasek, the investment firm of the government of Singapore, has established a European advisory panel to bring together business leader and expert views on Europe.
The panel, officially titled the Temasek European Advisory Panel, will share insights and perspectives of political, economic, social and industry trends in Europe.
The panel will initially consist of:
- Patrick Cescau, chairman of hotel chain Intercontinental Hotels;
- Ian Davis, chairman of car manufacturer Rolls-Royce;
- Michael Diekmann, chief executive of insurance provider Allianz;
- Franz Fehrenbach, chairman of the supervisory board for industrial conglomerate Robert Bosch;
- Gabriele Galateri di Genola, chairman of insurance firm Generali; and
- Franz Humer, chairman of alcoholic drinks producer Diageo.
The inaugural meeting of the panel was held in London on January 19 2016.
Temasek has set up several advisory panels to date, which complement the firm’s Temasek International Panel, formed in 2014. The panels share knowledge and insight that shape Temasek's plans in their respective regions with the international panel informing global business.
Lee Theng Kiat, chief executive of Temasek International, said: “In an increasingly complex investment environment, our regional advisory panels would serve as valuable contributors to our thinking and appreciation of global trends, adding to our assessment of the opportunities across key markets we invest in.”
Tan Chong Lee, head of Europe for Temasek, said: “While Temasek remains anchored in Asia, we recognise the significance of Europe to our overall investment strategy and activities. Our commitment to the region was reinforced in March 2014 when we established our office in London.
“Europe represents 8% of Temasek’s global portfolio exposure and we continue to look for opportunities to participate in the growth of sectors and companies that fit our investment themes.”
See more from this Government Report: Singapore
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