Minister with no portfolio Promoted!

[Jman888]

dun play play! :D

 

Lim Boon Heng to take over as chairman of Temasek Holdings from S. Dhanabalan

Published on Jul 22, 2013

 

 

Mr Lim Boon Heng (left), will take over as Temasek Holdings Chairman from Mr S Dhanabalan (right) from Aug 1. -- PHOTOS: DESMOND WEE, TEMASEK HOLDINGS

 

By Robin Chan

 

Temasek Holdings chairman S. Dhanabalan, 75, is retiring after 17 years as chairman of the Singapore investment company.

 

His successor is former labour chief Lim Boon Heng, 65, who will take over on August 1.

 

Mr Dhanabalan, who had a sterling career as a Cabinet minister and chairman of both DBS and Singapore Airlines, leaves on a high note as the value of Temasek's portfolio rose to a fresh record of $215 billion as at March 31 this year.

 

But he noted that the board and management are aware that Temasek "cannot remain where it is" and said his successor will face challenges in keeping the portfolio of investments on "a steady trend" in an increasingly volatile world.

Edited July 22, 2013 by Jman888

[Nullifi3d]

So what the hell have we been paying him for all this while?

[RadX]

finally give him portfolio

[Zenithpool]

So what the hell have we been paying him for all this while?

for bring no portfolio

[Little_prince]

finally give him portfolio

but not minister anymore right?

 

so considered a demotion?

 

or just the men in white rewarding one of their old guards?

[Jman888]

finally give him portfolio

 

 

that is a lot of portfolio, wonder can he cope from no portfolio to so many portfolio [laugh]

[Jman888]

but not minister anymore right?

 

so considered a demotion?

 

or just the men in white rewarding one of their old guards?

 

 

demotion? i think the package is few times more than his last pay

[1fast1]

This is like a slap in the face to Dhana! [laugh]

[RadX]

This is like a slap in the face to Dhana! [laugh]

 

 

metaphorically above what we know? [laugh]

[LoverofCar]

His tear in front of the TV had paid off..!

[Alheych]

Lim Boon Heng is not a force to be discounted.

 

He remained firmly in cabinet for 18 years, and remarkably, for the 18 years from 1993 to 2011 he did not lead a single ministry.

 

He was either Minister without Portfolio, or later Minister in the Prime Minister's Office.

 

When he stepped down as NTUC Secretary General in 2007, it was expected that he would leave cabinet. Instead, he stayed another 4 years.

 

So... not simple, not simple.

[Altivo]

Not bad leh. Cry cry during last GE and you get to be Chairman of Temasek.

[Kb27]

guan xi pays off.

 

You do not necessary need to be good in anything.

[Kwchan]

Lim Boon Heng is not a force to be discounted.

 

He remained firmly in cabinet for 18 years, and remarkably, for the 18 years from 1993 to 2011 he did not lead a single ministry.

 

He was either Minister without Portfolio, or later Minister in the Prime Minister's Office.

 

When he stepped down as NTUC Secretary General in 2007, it was expected that he would leave cabinet. Instead, he stayed another 4 years.

 

So... not simple, not simple.

 

In chinese, Minister without Portfolio translate as 不管部长

 

the first time when i heard of this name, i thought it means anything also "don't care"

[Porker]

He will cry in public if Temasek loses $$$?

[1fast1]

He will cry in public if Temasek loses $$$?

 

Maybe that'll called increasing liquidity.

[RadX]

Maybe that'll called increasing liquidity.

 

 

wats w u and your liquids ah [laugh] miss them ah

[Bobby_tan]

Wah who says zho bo lan will make you poor?