Singapore-based asset management group Seviora Holdings has announced that Gabriel Lim will join the group on 1 May 2025 as CEO-designate and appointed to the board.
He will assume the role of CEO on 1 September 2025 after current CEO Jimmy Phoon retires on 31 August 2025.
Phoon will remain on the board to ensure a smooth transition, the company said.
Lim (pictured), who will be leaving his current role as joint head of corporate strategy at Temasek, will be tasked with raising Seviora’s assets under management, improve returns and expanding the range of investment solutions.
Seviora Holdings, a wholly-owned subsidiary of Singaporean state-owned Temasek Holdings, comprises of Azalea Asset Management, Fullerton Fund Management, Innoven Capital, SeaTown Holdings, and Seviora Capital.
Goh Yew Lin, chairman of Seviora Holdings, said: “We are excited to welcome Gabriel to Seviora. 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.”
“I am pleased that Jimmy will continue to serve on the Seviora board. We look forward to his continued participation as a board member, and a mentor to the senior team.”
Mr. Dilhan Pillay Sandrasegara, executive director and CEO of Temasek Holdings, said: “When Temasek was setting up Seviora in 2020, we approached Jimmy to be the CEO. He had planned to retire at that time after stepping down as CEO of Seatown Holdings, but stayed on with Seviora to help us establish the new asset management group. We thank him for his leadership of Seviora.”
