Singapore-headquartered global fund management firm expands its real estate division president's role to include a chief operating officer post.

GIC, the global fund management company that also oversees Singapore's foreign reserves, has named a new chief operating officer.

Effective 1 April 2014, Goh Kok Huat takes up his new COO post in addition to being president of GIC Real Estate, a position he has held since 2011. 

As COO, Goh will play a key role in the institution's organisation transformation, the company said in a statement. In 2013, GIC implemented a new investment framework to capitalise on its global presence and ability to invest in cross-asset opportunities. The firm has investments across 40 countries and in assets including equities, fixed income, real estate and private equity. 

GIC changed its legal name from Government of Singapore Investment Corporation to GIC Private Limited in 2013 to reflect its growing focus on the global investment community.