Campbell Lutyens appoints ex-GIC president

Campbell Lutyens has announced the appointment of a former Government of Singapore Investment Corporation (GIC) president to its advisory board, according to a statement.

Dr Teh Kok Peng formerly served as president of GIC Special Investments from April 1999 to June 2011, and remained an adviser to the firm’s group executive committee for an additional two years.

Prior to that, he was concurrently a deputy managing director of GIC and the Monetary Authority of Singapore.

Campbell Lutyens also announced in the statement that it plans to launch a second Asia office in Singapore in the coming months. This follows news that investment bank Greenhill Cogent has closed its office there.

“Dr Teh will support us with his unparalleled experience in the alternative investment universe through the eyes of a former senior member of a leading Sovereign Wealth Fund,” Gordon Bajnai, chairman of the global advisory board of Campbell Lutyens, said in the statement.

“He will also help us to develop a deeper understanding of the Asian institutional investor market as we deepen our presence there.”

Dr Teh – who began his career with the World Bank in 1975 – is chairman of Azalea Asset Management and Lu International.

He is also a board member of OCBC Bank, Sembcorp Industries and Fullerton Health Corporation.

The appointment comes as the latest in a string of additions to the Campbell Lutyens advisory board. Dr Teh joins Sir Peter Westmacott, the former British ambassador to the United States, and Wayne Kozun, the former senior vice president of Ontario Teachers’ Pension Plan, who were appointed earlier this year.

The upcoming expansion will be Campbell Lutyens’ second in Asia over the past year, having grown its Hong Kong team to 12 operating in both primary fund raising and secondary advisory transactions.

The advisory firm and placement agent now has over 100 staff operating from offices in London, New York and Hong Kong.