Dr Teh Kok Peng retired from GIC at the end of June, 2011 and stayed on as Adviser for two years. Before his retirement, he was President of GIC Special Investments from April 1999 to June 2011. Prior to this, he was concurrently Deputy Managing Director of Monetary Authority of Singapore (MAS) and Deputy Managing Director of GIC. He began his career with the World Bank under the Young Professionals Program in Washington D.C.In 2015, Dr Teh stepped down as Chairman of Ascendas Pte Ltd, and as board member of the China International Capital Corporation. He stayed on as Senior Adviser at the latter until recently. He was a board member of Overseas Chinese Banking Corporation, Taikang Life Insurance Co, Ltd and Sembcorp Industries. He also has served on the boards of the Lee Kuan Yew of Public Policy, the National University of Singapore and the S. Rajaratnam Endowment.Dr Teh is Chairman of Azalea Asset Management, and is a board member of Fullerton Health Corporation, Seviora Holdings Pte Ltd, Singlife Holdings Ltd and Hollysys Automation Technologies Ltd. He chairs the East Asia Institute, National University of Singapore. He is also a member of the International Advisory Board of CMC Corporation and the Trilateral Commission.Dr Teh obtained First Class Honours in Economics at La Trobe University, Melbourne, and a Doctorate in Economics at Nuffield College, Oxford University, England. He attended the Advanced Management Program at the Harvard Business School in the fall of 1989.