http://www.businesstimes.com.sg/sub/...17790,00.html?
February 6, 2009, 4.19 pm (Singapore time)
Ho Ching to step down from Temasek Oct 1
By SIOW LI SEN
SINGAPORE - Temasek Holdings Pte Ltd on Friday announced the stepping down of its chief executive officer, Ho Ching, effective Oct 1, 2009.
Mr Goodyear will take over as CEO-designate on March 1 and on Oct 1 will succeed Ms Ho, who has led Temasek since January 2004
The Singapore investment company, which manages a US$134 billion portfolio, said it had hired Charles (Chip) W Goodyear as her successor.
Mr Goodyear, 51, an American, joined the Temasek board on Feb 1.
He assumes the position of CEO designate on March 1 and will succeed Ms Ho on Oct 1, 2009.
Mr Goodyear retired from BHP Billiton on Jan 1, 2008 after leading the world's largest diversified resources company through its rapid growth and expansion.
Ms Ho, wife of Singapore's Prime Minister Lee Hsien Loong, joined Temasek as a director in January 2002, becoming its executive director in May 2002 and CEO since January 2004.
Ms Ho was ranked the eighth most powerful woman in the world by Forbes, just behind US Secretary of State Condoleezza Rice last year.