GuocoLeisure appoints Timothy Teo Lai Wah as director

He was director in charge of foreign exchange, money market, gold and commodities management in Government of Singapore Investment Corporation.

The Board of GuocoLeisure announced the appointment of Timothy Teo Lai Wah as independent director.

Mr Teo, 61, will also be chairman of the Audit and Risk Management Committees.

Mr Teo was Director in charge of foreign exchange, money market, gold and commodities management in Government of Singapore Investment Corp from 1998 to 2007. Prior to this, he was Director of Nuri Holdings Singapore as consultant for risk management in Jakarta and Los Angeles from 1994 to 1998. Mr Teo was also with JP Morgan for 20 years in various overseas locations at senior management level (managing director) in Global Markets, according to a GuocoLeisure report.

Mr Teo holds a MBA from Macquarie University, Sydney, Australia.