The new appointee will work closely with the board and management to drive the next phase of growth for Seviora, which includes raising the group’s assets under management, improving returns and expanding the range of investment solutions for investors.

Seviora Holdings, a wholly-owned subsidiary of  Singapore-based Temasek Holdings, the sovereign wealth fund, has appointed Gabriel Lim (pictured) as CEO designate, effective 1 May. He will be appointed to join the board of Seviora and will assume the role of CEO on 1 September 2025.

Lim is joint head of corporate strategy at Temasek. The existing CEO Jimmy Phoon, who will retire on 31 August 2025, will remain on the board to ensure a smooth transition.

Lim will work with the board and management to drive the next phase of growth for Seviora, which includes raising the group’s assets under management, improving returns and expanding the range of investment solutions for investors, the firm said in a statement yesterday.

Goh Yew Lin, chairman of Seviora Holdings, said of Lim: “He brings a wealth of experience and a fresh perspective to our organisation. His extensive experience in strategy development and stakeholder engagement will be an asset to the firm.”

Seviora Group is a Singapore-headquartered independent asset management group with $54 billion in assets under management as of 31 December 2024.