Temasek CEO to lead subsidiary Seviora as chairman alongside new directors in board shake-up
The moves come as Temasek announces its own leadership reshuffle
[SINGAPORE] Temasek’s executive director and chief executive Dilhan Pillay will step up as chairman of the Singapore investment company’s wholly owned subsidiary, Seviora.
The asset management group’s board renewal process, which was announced on the same day as Temasek’s leadership shake-up on Thursday (Aug 28), includes the appointment of new directors with effect from Sep 1.
Pillay, 62, will succeed Goh Yew Lin, while Gabriel Lim will become Seviora’s executive director and chief executive officer, having been appointed CEO-designate in May.
Pillay thanked Goh for his contributions to the company, noting that he had “helped establish the new asset management group and navigate through various challenges”.
Seviora’s new directors are Timothy Dattels, senior adviser at TPG Global; Deborah Ho, BlackRock Singapore’s country head; Chan Wai Ching, Temasek’s chief corporate officer; and John Marren, Temasek’s vice-chairman for North America.
Ho will join the board on Jan 1, 2026.
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The incoming members will join fellow directors Jimmy Phoon, Rohit Sipahimalani, Vijay Chandur Advani and Lucas Tran on the board.
Seviora said in a statement that it will be “a vital platform under Temasek’s new Temasek Partnership Solutions strategy”.
Temasek Partnership Solutions is one of three new entities that the Singapore investment company will set up as part of its overhaul, also announced on Thursday; the other entities are Temasek Global Investments and Temasek Singapore.
Established in 2020, Seviora has US$56 billion in assets under management as at Mar 31, 2025.
Its asset management companies include Azalea Investment Management, Fullerton Fund Management, InnoVen Capital, SeaTown Holdings International and Seviora Capital.
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