Temasek Holdings Pte announced that Chia Song Hwee was replacing Tan Chong Lee as head of the investment unit as the Singapore state-owned asset manager reshuffled senior management positions. Effective today, Chia becomes head of the investment group in a change of title, while Tan, who was chief investment officer, assumes the role of head of portfolio and strategy group as well as head of portfolio management and head of strategy, according to changes on Temasek’s website. “This is a strategic reshuffle,” said SMU Assistant Professor of Law Eugene Tan “They are rotating desks so that members of senior management get a broader understanding of Temasek’s business.”