Investment team of the Government of Singapore Investment Corp (GIC) has been sloped up for better exploiting opportunities in key emerging markets.

Majority of top-level management has been changed by GIC yesterday to head the three core emerging market business groups of India, China and Latin America from July 1. Management changes include transfers of the presidents of its asset-management, special investments and real-estate investment arms.

The business group’s approach is in contrast with GIC‘s approach of working in most of the countries. Business groups concentrate on region or thematic idea and also have collective approach.

GIC said that these changes will allow more organized research, development of expertise, and tactical investment activities across multiple asset classes.

Introduction of integrated diversity will enhance the sovereign wealth fund's investment "firepower”, said by Dr Tony Tan, deputy chairman and executive director of GIC.

Mr Quah Wee Ghee, one of the president of GIC changed from his position to chair GIC's India business group; Dr Teh Kok Peng another president of GIC also step down from GIC's special-investments arm, to chair the China business group; and lastly Dr Seek Ngee Huat, move down from his position of GIC's real-estate arm, to head the Latin America business group.

Mr Lim Chow Kiat president of GIC's Europe team will take over from Mr Quah. Mr. lim’s role will be taken over by Dr Jeffrey Jaensubhakij.