Temasek appoints Wing Tai head as deputy chairman

[SINGAPORE] Wing Tai Holdings chief Cheng Wai Keung, 63, has been appointed deputy chairman of Singapore investment firm Temasek Holdings.

The well-known property developer and businessman's new appointment at Temasek took effect on Monday. He has been a non-executive director on Temasek's board since September 2011, and is also a member of its executive committee.

Mr Cheng's appointment comes some three months after Temasek appointed Lim Boon Heng its new chairman. Mr Lim took over from S Dhanabalan, who had served as Temasek's chairman for 17 years.