Temasek has taken on Mark Lim as a managing director in digital technology as Singaporean firms step up their senior hiring for digital-strategy roles.
Singapore’s sovereign wealth fund recruits many of its senior staff from banks, but Lim breaks the mould – he has a public-sector rather than a banking-technology background.
Lim is now focused on driving digital collaboration and innovation across departments at Temasek. He is also building new “digital and data capabilities” and “improving business outcomes” by using data science and artificial intelligence, according to his public profile.
His move into financial technology is well timed and will potentially put him on the radar of other employers in the sector. Temasek is not the only firm recruiting for jobs requiring AI expertise – global banks are also increasingly demanding these skills. BNP Paribas, for example, is now hiring AI experts in Asia as it bases more of these roles in the region.
Lim spent the previous seven years at GovTech (and its precursor IDA), the agency tasked with delivering the Singapore government’s digital services. He was most recently a director and worked on “emerging technology and methodology”, including behavioural science, data science, DevSecOps, hybrid cloud platforms, smart system middleware, sensors and robotics. Lim was also one of the leaders of the government’s high-profile Smart Nation digital infrastructure initiative.
Public sector candidates are often shortlisted for finance-sector tech jobs because they are used to overhauling complex legacy systems and working across departments in large organisations.
Lim’s move is the latest in a flurry of senior digital-strategy hires by Singaporean-headquartered firms over the past few months. DBS recently recruited Citi veteran Ram Jayaraman as its new head of digital technology transformation, while UOB took on executive director Christopher Wee from Stan Chart to help lead its digital product development.
Computer science and engineering graduate Lim started his career in 2002 at Singapore outsourcing firm TrustedHub, where he became head of operations and strategic programmes.
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