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 the finance ministries of Norway and Singapore; central banks of Singapore and Thailand; Markit Group; endowments of MIT and SUTD; Hassana Investment Company in Saudi Arabia; Ministry of Health, Wealth Management Institute, and NTUC Income Insurance in Singapore; as well as short-term advisory roles with Singapore Exchange, Bank of Korea and International Monetary Fund. In 2015, he 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. Since retiring from Avanda in 2021, Sung has been working with start-ups in diverse fields including sustainable investing, digital infrastructure, renewable energy, blockchain technology, long/short equity investing and healthcare finance. Sung earned his B.Math and M.Math degrees from the University of Waterloo and a Ph.D degree in mathematics from the University of Minnesota.