Lim Hwee Hua

Co-Chairman, Tembusu Partners Pte Ltd, Singapore/ Former Second Minister of Finance and Minister in the Prime Minister’s Office, Singapore


Mrs. Lim Hwee Hua was first elected to the Singapore Parliament in December 1996 and served till May 2011, last as Minister in the Prime Minister’s Office, Singapore, and concurrently as Second Minister for Finance and for Transport. Between 2002 and 2004, she was Deputy Speaker of Parliament and Chairman of the Public Accounts Committee.

Prior to joining the Singapore Cabinet, Lim Hwee Hua enjoyed a varied career in financial services – investment banking and management – at Swiss Bank Corporation (1989-1992) and Jardine Fleming (1992-2000). At Temasek Holdings (2000–2004), she served as Managing Director where she oversaw divestments, restructured companies and boards, established strategic relations with key foreign counterparts (including China) and sat on boards (including PSA, Keppel and Mapletree).

Post retirement from politics in 2011, Lim Hwee Hua has been engaged in private equity (Tembusu Partners, Kohlberg Kravis Roberts), financial services (Asia Pacific Exchange, Pepper Global, and United Overseas Bank till April 2021), sits on a few other boards and lectures at the Lee Kuan Yew School of Public Policy. Between 2011 and 2014, she served on the Ernst & Young Global Advisory Council.

Lim Hwee Hua completed her junior college education at Raffles Institution, Singapore, before graduating with a Master/Bachelor of Arts (Honours) in Mathematics/Engineering from the University of Cambridge in 1981. In 1989, she obtained a Master of Business Administration, major in Finance, from Anderson School of Management, University of California, Los Angeles.

Lim Hwee Hua has authored two publications:

  1. “Government in Business – Friend or Foe” in 2014, which has been translated into Chinese, Portuguese and Spanish; and
  2. “Government in Business – Leading or Lagging?” in 2021.