Board of Directors
Chief Executive Officer and Principal
Funds Involved: Pilgrim Alternative Return Fund
Albert is the founder of Pilgrim Partners Asia (PPA) and has 30 years of investment management experience. He was the Head of Asia for Millennium Management, a global hedge fund, and Tribeca Global Management where he was a member of the Executive Committee. Between 1998 and 2005, Albert was the Deputy Director of the Government of Singapore Investment Corporation (GIC), where he was responsible for the department's trading positions as well as his macro investment portfolio. He started his career in the FX and Money Markets desks of several international banks, reaching the position of Deputy Treasurer for Banque Paribas in Singapore.
Timothy Teo Lai Wah
Lead Independent Director
Timothy served as Director in charge of foreign exchange, money market, gold and commodities management in Government of Singapore Investment Corp, Singapore from 1998 to 2007. Prior to this, he was the Director of Nuri Holdings (S) Pte Ltd, Singapore as consultant for risk management in Jakarta and Los Angeles from 1994 to 1998. Mr. Teo worked for JP Morgan for 20 years in various locations at senior management level in Global Markets. Between 1980 to 1993, he was based in Hong Kong, Taipei and New York.
Guocoland Limited - Independent director (Nov 2008)
Juronghealth Fund - Independent director (Dec 2014)
Pilgrim Partners Asia (Pte.) Ltd - Independent director (Feb 2010)
Singapore Arts School Ltd - Independent director (Feb 2018)
Sparrow Asset Management Pte Ltd - Independent director (Jan 2008)
Sparrow Capital Pte Ltd - Independent director (Jul 2014)
St Luke's Eldercare Ltd - Independent director (Mar 2008)
Andrew is an independent Director on the Board of Pilgrim Partners Asia (Pte) Ltd effective 2 October 2017. He is a founding director of AK Management Consultancy Pte Ltd advising private companies in their business structure and regional development. Over the last 36 years in his career, Andrew has worked in senior roles with investment banking and asset management entities. Companies worked for included global names e.g. Deutsche Asset Management (Asia) Limited, BNP Paribas Asset Management and CS First Boston Singapore. He has an MBA from City University Business School, London UK and a BSc from the National University of Singapore. Andrew has also completed a certification program "Effective Board Leadership" with the Singapore Institute of Directors.
AK Management Consultancy Pte Ltd - Independent director (Jun 2015)
Pilgrim Partners Asia (Pte.) Ltd - Independent director (Oct 2017)
Purpose AM System Pte Ltd - Independent director (Feb 2017)
Board Risk Committee
Timothy Teo Lai Wah
Board Risk Committee Chairman
Chief Risk Officer
Simona has been CFA Charterholder since 2003, and she has over 20 years of experience in asset management. After beginning her career in Italy, she worked in different roles in asset management companies in Switzerland and in Singapore. In 2012, Simona was co-founder and CEO of Performa Investments Pte Ltd, a Capital Markets Services (CMS) licensed Fund Management Company in Singapore. She was instrumental in setting-up the company from the ground up and in the successful application to the local regulator for the CMS Licence.
Chief Financial Officer
Mr. Wang is a Chartered Accountant (CA) of Singapore and Australia by training with more than 20 years of professional experience in areas of financial audits and controllership for various listed companies and high growth ventures. He holds the Chartered Financial Analyst (CFA) designation and is a current board member of CFA Singapore with tenure as the global board member of Global Corporate Disclosure Board for CFA, USA. Mr. Wang has distinguished management career with PricewaterhouseCoopers (PwC) and Citibank for the Greater China Region (China, Taiwan & HK). He is a special expert for major media channels like Channel News Asia at which his corporate governance, financial controls, investment and portfolio management expertise are highly sought after.
Dawn Tay has over 30 years of experience in Singapore legal and corporate secretarial matters. She was last Chief Legal Officer of the Kuok (Singapore) Limited Group where she was responsible for the legal and corporate secretarial services and support provided to the Group. She also spent 5 years at Singapore Health Services Pte Ltd, one of 2 health clusters which the government created in 2000. There she held the position of Director, Legal Affairs.
Dawn graduated with a LLB Hons (Second Upper) from the National University of Singapore and worked for Arthur Loke & Partners on being called to the Singapore Bar.
Nicholas has over 15 years of experience in middle office and operations across multiple asset classes including FX and equities. Over the course of his career he has provided front office trading and technology support, enhanced process efficiencies in operations and technology at Citibank, CPF Board, Government of Singapore Investment Corporation and SingTel. He received his Bachelor of Science (with Honours) in Business Studies in 2001.
Finance & Compliance Manager
Charles Heng has over 20 years of practical experience in both accounting and compliance matters. He has worked in various industries in Singapore and China, including External, Internal Audit, Marine, Education, Tourism and Fund Management industries building a vast experience in statutory audit, accounting and statutory compliance. He has a IBFQ Level 1 compliance certification.