Cheng Chih Sung
Dr. Cheng Chih Sung started his investment career at GIC in 1993 and retired as MD and Chief Risk Officer in 2011. Subsequently, he took on advisory and board positions with MOF of Norway and Singapore, central banks of Singapore and Thailand, Markit (now part of IHS Markit), endowments of MIT and SUTD, Singapore’s Ministry of Health and NTUC Income Insurance, as well as short-term advisory roles with Singapore Exchange, Bank of Korea and International Monetary Fund. In 2015, Dr. Sung co-founded Avanda Investment Management, a Singapore-based global asset manager. During his tenure as CEO, Avanda’s AUM grew to over US$9 billion, invested across multiple long-only strategies. Since retiring from Avanda in mid-2021, Dr. Sung has been working actively with start-ups in diverse fields including ESG investing, digital infrastructure, renewable energy, blockchain technology, long/short equity investing and healthcare finance. Dr. Sung received a B.Math. and M.Math. in mathematics at the University of Waterloo and a Ph.D. in mathematics from the University of Minnesota.