Updated: 07/22/2013 21:25

Dhanabalan an examplar to sucecssors, inspiration to all Singaporeans: PM Lee

Mr S Dhanabalan

Mr S Dhanabalan

In his letter of appreciation, Prime Minister Lee Hsien Loong, says Mr Dhanabalan has been an exemplary chairman. 

He says Mr Dhanabalan has played a key role in reshaping Temasek's investment strategy, from one focused mainly on Singapore to one harnessing the twin engines of growth in Singapore and Asia. 

He also steered Temasek through the Asian Financial crisis, 9/11 and the recent Global Financial Crisis. 

Mr Dhanabalan has also instilled a forward-looking culture in Temasek, which has stood it in good stead in a rapidly changing world. 

Mr Lee says he's also happy to see Temasek's efforts in forging closer ties with the community. 

The Temasek Trust which Mr Dhanabalan set up, has committed over $1.5 billion to causes ranging from humanitarian assistance to helping the underprivileged and educating disadvantaged children. 

On a personal note, Mr Lee says he would like to thank Mr Dhanabalan for his contributions to Singapore. 

For half a century Mr Dhanabalan has served with distinction in the public service, political office and Temasek. 

Mr Lee said Mr Dhanabalan is an examplar to his successors and an inspiration for all Singaporeans.

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