Seviora Holdings, a wholly-owned subsidiary of Temasek Holdings, has announced that Gabriel Lim will join the group on 1 May 2025 as Chief Executive Officer-Designate and will be appointed to the board of Seviora Holdings.
Seviora said in a statement on Tuesday that he will assume the role of Chief Executive Officer on September 1, 2025.
Lim is currently Joint Head of Corporate Strategy at Temasek.
Current Chief Executive Officer Jimmy Phoon, who will retire on August 31, 2025, will continue to remain on the board to ensure a smooth transition.
Established in 2020, Seviora Holdings is a Singapore-based asset management group comprising Azalea Asset Management, Fullerton Fund Management, Innoven Capital, SeaTown Holdings, and Seviora Capital.
Over the years, Seviora has leveraged its strong capital base and resources to provide its asset management companies (AMCs) with a competitive edge.
Through collaboration and leveraging the respective strength of its AMCs, Seviora Group has developed differentiated and competitive investment solutions in both public and private markets for global and regional investors.
Lim will work closely with the Board and management to drive the next phase of growth for Seviora, which includes raising the group’s assets under management, improving returns and expanding the range of investment solutions for investors.
“We are excited to welcome Gabriel to Seviora. He brings a wealth of experience and a fresh perspective to our organization. His extensive experience in strategy development and stakeholder engagement will be an asset to the firm,” said Goh Yew Lin, Chairman of Seviora Holdings.
“We thank Jimmy for his leadership of Seviora as he completes a successful tenure as Chief Executive Officer which not only saw a significant growth since Seviora’s inception but also helped the firm navigate through various market cycles.
“The asset management entities in the group have achieved key milestones and launched funds in venture debt, growth equity, private credit, fund of private equity funds and private equity. 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,” he added.
Dilhan Pillay Sandrasegara, Executive Director and CEO of Temasek Holdings, added that when Temasek was setting up Seviora in 2020, they approached Phoon to be the Chief Executive Officer.
“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,” he added.
Seviora Group is a Singapore-headquartered independent asset management group with $54 billion in assets under management as of 31stDecember 2024 and is wholly owned by Temasek.
The Seviora Group provides global investors access to a wide range of investment strategies in both public and private markets.
The group has a strong talent pool of over 210 investment professionals, supported by more than 235 staff, with primary presences in Singapore, India, China, Indonesia and United Arab Emirates (UAE).
The Seviora Group’s asset management companies (AMCs) include Azalea Investment Management, Fullerton Fund Management, InnoVen Capital, SeaTown Holdings International and Seviora Capital.