May 19, 2020

Elite international entrepreneurs' society sets up its first Australian clubhouse

Networking
Sydney
entrepeneur
Entrepeneurs Organisation
Wedaeli Chibelushi
1 min
Elite international entrepreneurs' society sets up its first Australian clubhouse

International society Entrepeneurs Organisation (EO) has opened its first physical clubhouse in Australia. The group launched the space in a partnership with co-working lounge club Work Club Global.

EO was formed in 1987 and is a global club targeted at “established” company owners and founders. It describes itself as the “world’s only peer-to-peer network exclusively for entrepreneurs”. Prospective members must be the founder or owner of a business that grosses at least $5 million, earns $500,000 in profit, employs five or more staff, has experienced three years of growth and must be in an industry unique to the chapter.

Sydney members can now relax and network in EO's permanent clubhouse, at the Work Club Global’s Elizabeth Street building. The space includes a lounge space and new bar.

The Sydney chapter states: "We are a selective organisation with a rigorous joining process." Publicly, the Sydney chapter is known to comprise members such as Showpo’s Jane Lu, eNerds’ Jamie Warner and Your Empire’s Chris Gray.

“The launch of the new Entrepreneurs’ Organization Clubhouse is a significant milestone in the development of our global network,”  EO Sydney president James Taylor told Business Insider.

“This state-of-the-art Work Club Global space in the heart of Sydney’s CBD will revolutionise the way we work, and continue to inspire business success amongst our members.”

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Jun 7, 2021

Business Chief Legend: Ho Ching, CEO of Temasek

hoching
legend
singapore
Temasek
3 min
Singaporean Ho Ching created the largest listed defence engineering company in Asia, before leading Singapore’s sovereign wealth fund to global success

Ask Singaporeans who Ho Ching is, and the majority will answer the ‘wife of Prime Minister Lee Hsien Loong’. And that’s certainly true. However, she’s also the CEO of Temasek Holdings, Singapore’s sovereign wealth fund, and one of the world’s largest investment companies.

Well, she is until October 1, 2021, as she recently announced she would be retiring following 16 years as CEO of the investment giant.

Since taking the reins in 2004, two years after joining Temasek as Executive Director, Ho has gradually transformed what was an investment firm wholly owned by Singapore’s Government into an active investor worldwide, splashing out on sectors like life sciences and tech, expanding its physical footprint with 11 offices worldwide (from London to Mumbai to San Francisco) and delivering growth of US$120 billion between 2010-2020.

Described by Temasek chairman Lim Boon Heng as having taken “bold steps to open new pathways in finding the character of the organisations”, Ho is credited with building Temasek’s international portfolio, with China recently surpassing Singapore for the first time.

As global a footprint as Ho may have however, she has her feet firmly planted on Singapore soil and is committed to this tiny city-state where she was not only educated (excluding a year at Stanford) but has remained throughout her long and illustrious career – first as an engineer at the Ministry of Defence in 1976, where she met her husband, and most notably as CEO of Singapore Technologies, where she spent a decade, and where she is credited with repositioning and growing the group into the largest listed defence engineering company in Asia.

It’s little wonder Ho has featured on Forbes’ annual World’s Most Powerful Women list for the past 16 years, in 2007 as the third most powerful woman in business outside the US, and in 2020 at #30 worldwide.

But it’s not all business. Ho has a strong track record in Singapore public service, serving as chairman of the Singapore Institute of Standards and Industrial Research and as deputy chairman of the Economic Development Board; and is a committed philanthropist with a focus on learning difficulties and healthcare.

As the pandemic kicked off, she not only led active investments in technology and life sciences, with German COVID-19 vaccine developer BioNTech among the most recent additions to Temasek’s portfolio, but through the Temasek Foundation – the firm’s philanthropic arm which supports vulnerable groups close to Ho’s heart, handed out hand sanitiser and face masks.

So, you would be forgiven for thinking that at age 68, Ho might simply relax. But in March 2021, just as she announced her retirement from Temasek, Ho joined the Board of Directors of Wellcome Leap, a US-based non-profit organisation that’s dedicated to accelerating innovations in global health. Not ready to put her firmly grounded feet up yet it seems.

 

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