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Temasek establishes European Advisory Panel

20 January 2016

London, Wednesday 20 January 2016 – Singapore-based investment company Temasek announces the establishment and inaugural meeting of the Temasek European Advisory Panel (TEAP); a new regional panel bringing together eminent business leaders and experts to share insights and perspectives on major political, economic, social and industry trends, with a focus on Europe.

The TEAP is one of a number of regional advisory panels to be set up by Temasek, and will provide a platform for the investment company to regularly engage its distinguished international advisers on issues relevant to Temasek’s activities across Europe, and to facilitate closer collaboration with key business stakeholders.

Mr Lee Theng Kiat, CEO 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.”

Mr Tan Chong Lee, Head, Europe, added, “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.”

The Temasek European Advisory Panel comprises:

  • Mr Patrick Cescau, Chairman of InterContinental Hotels Group, from France
  • Mr Ian Davis, Chairman of Rolls-Royce, from UK
  • Mr Michael Diekmann, former CEO of Allianz, from Germany
  • Mr Franz Fehrenbach, Chairman of the Supervisory Board of Robert Bosch GmbH, from Germany
  • Mr Gabriele Galateri di Genola, Chairman of Generali, from Italy
  • Dr Franz B. Humer, Chairman of Diageo plc, from Switzerland

Chairmanship of the panel will rotate with each meeting. The inaugural TEAP meeting was held in London on 19 January 2016 and the meeting chairman was Mr Ian Davis.

“I was very pleased to join with my colleagues to share perspectives on Europe and the opportunities it presents to an international investor such as Temasek. We exchanged views and insights on the European macroeconomic landscape, as well as sector trends and dynamics that could inform deliberations around potential investments,” Mr Davis said.

“The meeting also provided the platform to learn more about Temasek as a long term investor and its interest in European opportunities. We look forward to our continued engagement with Temasek as it steps up its presence and investment activities in Europe,” he concluded.

Temasek’s regional advisory panels will complement the Temasek International Panel (TIP). Formed in 2004, TIP consists of distinguished industry leaders whose knowledge and insights have helped shape Temasek’s strategies in a global business landscape.
 

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About Temasek

Incorporated in 1974, Temasek is an investment company based in Singapore, with a S$266 billion portfolio as at 31 March 2015.

Temasek's portfolio covers a broad spectrum of sectors: financial services; telecommunications, media & technology; transportation & industrials; consumer & real estate; energy & resources; life sciences & agriculture.  Its investment themes reflect Temasek’s perspectives on long term trends:

  • Transforming Economies;
  • Growing Middle Income Populations;
  • Deepening Comparative Advantages; and
  • Emerging Champions

Temasek’s compounded annualised Total Shareholder Return since inception in 1974 is 16% in Singapore Dollar terms, or 17% in US Dollar terms.

The company has had a corporate credit rating of AAA/Aaa since its inaugural credit rating in 2004, by rating agencies Standard & Poor's and Moody's respectively.

Temasek has offices in 10 cities around the world, including São Paulo and Mexico City in Latin America; and London and New York, which both opened in 2014.  The other offices are in Asia, including China and India.

For more information on Temasek, please visit www.temasek.com.sg

For the latest Temasek Review, please visit www.temasekreview.com.sg

 

For media queries, please contact:

Mr Paul Ewing-Chow
Associate Director, Strategic & Public Affairs Group
Temasek
Tel:      +65 6828 6651

paulewingchow@temasek.com.sg

 

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Temasek Review 2016

Investment Themes

Guided broadly by our investment themes, we seek to build a portfolio that delivers sustainable long term returns.