Our leadership oversees our team and portfolio with the support of the following committees, chaired by our CEO and comprise members of our senior management team.
Strategy, Portfolio and Risk Committee (SPRC)
The SPRC reviews macroeconomic, political, industry, technological, and social trends that provide the context in which new opportunities and risks may arise, in both existing and new markets. It also reviews our overall portfolio construction efforts and investment strategies.
Senior Divestment and Investment Committee (SDIC)
The SDIC manages and shapes our portfolio on an ongoing basis and decides on investments and divestments up to the authority limits as delegated by our Board. Investment proposals beyond these authorisation limits are escalated to the ExCo and/or the Board as warranted. Meeting minutes are circulated to the Board.
Senior Management Committee (SMC)
The SMC reviews and sets overall management and organisational policies. These include internal controls, systems and processes that support the corporate governance framework, corporate and institutional policies and portfolio management processes. The SMC has developed the Temasek Code of Ethics and Conduct (T-Code) and constituted the Ethics Committee to assist in its implementation. All employees are required to observe and comply with the T-Code.