The Board of Directors of Global Investments Limited announced that Ms. Tan Mui Hong had been appointed as the Executive Director and Chief Executive Officer of the company's Manager, Singapore Consortium Investment Management Limited (SICIM) in place of Mr. Boon Swan Foo with effect from 13 June 2019. Mr. Boon remains as the Executive Chairman of SICIM. Ms Tan Mui Hong was the President and Chief Executive Officer of ST Asset Management (STAM) Ltd. from 2 May 2002 until 12 June 2019.

STAM was the previous manager of GIL. Ms. Tan was appointed as the Manager Nominated Director and Deputy Chairman of the Company from 30 April 2010 until 5 November 2013.