Temasek has announced the appointment of Wendy Koh as chief financial officer-designate, effective Aug 1. Koh will assume the role of Temasek’s chief financial officer (CFO) on Oct 1.
Koh joins Temasek from the unlisted Mapletree Investments, where she is currently group CFO.
Png 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.
Koh 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.
She also serves as the chairman of the Singapore Management University (SMU) advisory board for its real estate programme.
Prior 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.
See also: Mapletree Investments’ FY2026 profit rises 25.7% to $285.6 mil as logistics development gains pace
Before joining Mapletree, Koh was co-head of Asia Pacific property research at Citi Investment Research.
Koh 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.
Mapletree Investments’ CFO returns to role
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Replacing 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.
Wong 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.
Wong 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.
Mapletree’s latest financial year
Temasek-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.
Revenue 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.
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The 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.
See also:
Mapletree Investments’ FY2026 profit rises 25.7% to $285.6 mil as logistics development gains pace
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