Temasek appoints Greg Curl President

Former BofA executive has 34 years of banking and international mergers and acquisition experience.

Temasek Holdings hired Greg Curl, who was once touted as a CEO candidate for Bank of America, as president as the Singapore state investor beefs up its top management team.

Curl, 62, who worked as BofA's chief risk officer, will oversee financial services and strategic engagements in the Americas, Temasek said in a statement.

He will look after Temasek's most important sector as financial services accounted for 37 percent of its $134 billion portfolio as of March.

Curl, once considered a successor to Bofa's former CEO Ken Lewis, will join Temasek as president, the same rank as Simon Israel and former Singapore Exchange CEO Hsieh Fu Hua who are both one level below CEO Ho Ching.
Israel and Hsieh are, however, also executive directors at Temasek.

Temasek CEO Ho, who is also wife of Singapore Prime Minister Lee Hsien Loong, said the new hires will add "tremendous depth" to its leadership.

View the full story in Reuters.