HONG KONG--(BUSINESS WIRE)-- Kohlberg Kravis Roberts & Co. L.P. (together with its affiliates, "KKR") today announced the appointment of Lim Hwee Hua as a Senior Advisor to the Firm. Mrs. Lim held various offices in the government of Singapore, retiring from public service as Minister in the Prime Minister's Office.
Co-Founder and Co-Chair of KKR Henry R. Kravis said, "KKR is very fortunate to have Lim Hwee Hua join the Firm as a Senior Advisor. Mrs. Lim is a proven leader in the worlds of government, finance and investment. Her experiences in these fields and her expertise of Singapore and Southeast Asia will be particularly valuable to KKR going forward as we continue to expand our business in those regions."
Joseph Y. Bae, a Member of KKR and head of the Firm's Asian operations, said, "As KKR expands and builds its presence throughout Asia, we will rely on Mrs. Lim for her insights and sound advice not only for the benefit of KKR, but also for our portfolio companies in the region. We are very pleased she will bring her expertise to bear on our current and prospective investments as a Senior Advisor to the Firm."
"KKR's spirit of partnership, its ability to drive operational value within its portfolio companies, and its commitment to being responsible investors by integrating consideration of environmental, social and governance issues into its investment decision making and ownership practices are unique," said Mrs Lim. "I am honored to join this team, and I look forward to applying my experience in government and business as a Senior Advisor to support the Firm and its investments," Mrs. Lim said.
Graduating from Raffles Institution and as an Overseas Merit Scholar, Mrs. Lim received a Bachelor of Arts (Honours) in Mathematics/Engineering from the University of Cambridge in 1981. She obtained a Master of Business Administration from the Anderson School of Management, University of California, Los Angeles, in 1989.
Mrs. Lim began her career as an Administrative Officer in the Ministries of Finance, Education and Law. In 1989, she joined Swiss Bank Corporation as an investment analyst and moved on to Jardine Fleming in 1992, where she served as Head of Research and Director of Business Development. In 2000, she joined Temasek Holdings first as Managing Director of Corporate Stewardship and later, Managing Director of Strategic Relations.
Mrs. Lim was elected Member of Parliament for the Marine Parade Group Representation Constituency in both the 1997 and 2001 Singapore General Elections. Mrs. Lim was appointed Minister of State for Finance and Transport in 2004.
In 2006, Mrs. Lim was elected Member of Parliament for the Aljunied Group Representation Constituency. She was promoted to Senior Minister of State for Finance and Transport in 2008. In 2009, Mrs. Lim become the first woman minister when she was promoted to Minister in the Prime Minister's Office and concurrently to Second Minister for Finance and Second Minister for Transport.
KKR's Senior Advisors are part of the Firm's integrated model of value creation. They include current and former senior executives who bring unique leadership skills to complement the work of KKR investment professionals and the operational executives at KKR Capstone, and serve as liaisons to manage relationships with current and future investment partners.
Founded in 1976 and led by Henry Kravis and George Roberts, KKR is a leading global investment firm with $61.9 billion in assets under management as of June 30, 2011. With offices around the world, KKR manages assets through a variety of investment funds and accounts covering multiple asset classes. KKR seeks to create value by bringing operational expertise to its portfolio companies and through active oversight and monitoring of its investments. KKR complements its investment expertise and strengthens interactions with investors through its client relationships and capital markets platform. KKR is publicly traded on the New York Stock Exchange (NYSE:KKR). For additional information, please visit KKR's website at www.kkr.com.
Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50022946&lang=en
Kohlberg Kravis Roberts & Co. L.P.
Kristi Huller, +1-212-230-9722
Steven Okun, +852-3602-7300
Hill & Knowlton
Ng Chip Keng, +65 6390 3398
Mobile: +65 9623 2166
Source: Kohlberg Kravis Roberts & Co. L.P.
News Provided by Acquire Media