Goh Jin Hian (Singapore Businessman): Difference between revisions
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==Career== | ==Career== | ||
===Early career=== | ===Early career=== | ||
Goh Jin Hian was a professional in the healthcare industry for 14 years before switching careers in 2011. In 2003, | Goh Jin Hian was a professional in the healthcare industry for 14 years before switching careers in 2011.<ref name=":0" /> In 2003, he was the General Manager of Parkway Shenton,<ref>"No politics for now because...". ''The New Paper''. March 10, 2003. Accessed on 1 October 2020. Retrieved from NewspaperSG.</ref> a corporate subsidiary of Parkway Group Healthcare which owns several private hospitals in Singapore.<ref>"No politics for now: PM goh's son". ''The Business Times''. March 10, 2003. Accessed on 1 October 2020. Retrieved from NewspaperSG.</ref> Between 2006 and 2007, he was the Chief Executive Officer of Gleneagles Hospital.<ref name=":3">"[http://quantumhealth.sg/our-team/ OUR TEAM]". ''Quantum Health''. Accessed on 1 October 2020.</ref><ref>"[https://links.sgx.com/1.0.0/corporate-announcements/A1WOP1DQPG657PMV/71f08233fc7b7a3ea9e9253dd15865b5c08c32e452c6968981f344d699734134 CHANGE - ANNOUNCEMENT OF APPOINTMENT:: APPOINTMENT OF DR GOH JIAN HAN AS EXECUTIVE DIRECTOR]". ''Singapore Exchange''. Accessed on 1 October 2020.</ref> | ||
===Joining the trading sector=== | ===Joining the trading sector=== | ||
[[File:Goh Jin Hian 2017.jpg|thumb|''Goh Jin Hian in 2017. Photo credit to SGX/ [https://www.straitstimes.com/business/new-silkroutes-bites-deeper-into-dental-sector The Straits Times].'']] | [[File:Goh Jin Hian 2017.jpg|thumb|''Goh Jin Hian in 2017. Photo credit to SGX/ [https://www.straitstimes.com/business/new-silkroutes-bites-deeper-into-dental-sector The Straits Times].'']] | ||
Speaking to ''The Straits Times'', Goh Jin Hian shared more about his decision to switch careers:<blockquote>“I was 43 in 2011. I had to decide whether to stay on - and if so, be a one-organisation person until the day I retire - or do something different.”<ref name=":0" /></blockquote>Goh Jin Hian | Speaking to ''The Straits Times'', Goh Jin Hian shared more about his decision to switch careers:<blockquote>“I was 43 in 2011. I had to decide whether to stay on - and if so, be a one-organisation person until the day I retire - or do something different.”<ref name=":0" /></blockquote>Goh Jin Hian started up an independent oil and gas trading firm in 2011. His start-up entered a joint venture with Digiland International in 2014 and was subsumed into the New Silkroutes Group in 2015.<ref name=":0" /><ref name=":1" /><ref name=":4">Chan Chao Peh. "[https://www.theedgemarkets.com/article/digiland-appoints-goh-jin-hian-ceo-embarks-energy-trading-malta Digiland appoints Goh Jin Hian as CEO, embarks on energy trading in Malta]". ''The Edge Markets''. July 7, 2015. Accessed on 1 October 2020. </ref> | ||
====International Energy Group Pte Ltd (2014)==== | ====International Energy Group Pte Ltd (2014)==== | ||
Goh Jin Hian | Goh Jin Hian met the Chairman of Digiland, Cai Sui Xin in early 2014.<ref name=":0" /> Later that year, Goh Jin Hian and Digiland International entered a joint energy trading venture where the former held majority of the shares.<ref name=":4" /> The joint venture was called International Energy Group Pte Ltd (IEG). | ||
====Digiland International & New Silkroutes Group Limited - Chief Executive Officer (2015 - current)==== | ====Digiland International & New Silkroutes Group Limited - Chief Executive Officer (2015 - current)==== | ||
| Line 39: | Line 39: | ||
!Refs. | !Refs. | ||
|- | |- | ||
|2015 - | |2015 - 2020 | ||
|New Silkroutes Group Limited | | rowspan="3" |New Silkroutes Group Limited | ||
|Chief Executive Officer | |Chief Executive Officer | ||
|<ref name=":5" /> | |<ref name=":5" /> | ||
|- | |- | ||
|2018 - | | - current | ||
|Chairman | |||
| rowspan="2" |<ref>Lam, Fiona. "[https://www.businesstimes.com.sg/companies-markets/new-silkroutes-says-goh-jin-hian-suitable-to-remain-as-chairman-despite-lawsuit New Silkroutes says Goh Jin Hian suitable to remain as chairman despite lawsuit]". ''The Business Times''. October 6, 2020. Accessed on 6 October 2020.</ref> | |||
|- | |||
| - current | |||
|Independent Director | |||
|- | |||
|2018 - 2020 | |||
| rowspan="2" |Cordlife Group Limited | | rowspan="2" |Cordlife Group Limited | ||
|Chairman | |Chairman | ||
| Line 51: | Line 58: | ||
|2011 - current | |2011 - current | ||
|Independent Director | |Independent Director | ||
|- | |||
|2014 - 2019 | |||
| rowspan="2" |Inter-Pacific Petroleum's (IPP) | |||
|Non-executive Director | |||
| rowspan="2" |<ref name=":7">Lam, Fiona. "[https://www.businesstimes.com.sg/companies-markets/goh-jin-hian-steps-down-as-cordlife-chairman-amid-ipp-lawsuit Goh Jin Hian steps down as Cordlife chairman amid IPP lawsuit]". ''The Business Times''. October 6, 2020. Accessed on 6 October 2020.</ref> | |||
|- | |||
|2011 - 2014 | |||
|Executive Director | |||
|- | |- | ||
| rowspan="2" | - current | | rowspan="2" | - current | ||
| Line 73: | Line 88: | ||
|Member | |Member | ||
|} | |} | ||
In October 2020, he stepped down as the Chairman of Cordlife Group Limited following a lawsuit from Inter-Pacific Petroleum's (IPP) judicial managers (JMs) over alleged negligence of his director duties.<ref name=":7" /> Goh Jin Hian has also stepped down as the CEO of New Silkroutes Group Limited as of October 2020.<ref>"[https://www.straitstimes.com/business/companies-markets/corporate-leaders-mounting-problems Corporate leader's mounting problems]". ''The Straits Times''. October 6, 2020. Accessed on 6 October 2020.</ref> | |||
==References/ Citations== | ==References/ Citations== | ||
[[Category: | [[Category: Entrepreneurs & Businessmen]] | ||
<references /> | <references /> | ||
Latest revision as of 11:19, 10 November 2022
Goh Jin Hian | |
|---|---|
 | |
| Born | 1968 |
| Education | Bachelor of Medicine and Bachelor of Surgery, Master of Business Administration |
| Alma mater | National University of Singapore, University of Hull |
Goh Jin Hian (born 1968) is the Chief Executive Officer of New Silkroutes Group, an investment holding company that mainly operates in the healthcare and energy sectors.[1][2] He became a businessman in 2011 after over a decade as a physician and a senior-level executive in the healthcare sector. Goh Jin Hian is the only son of Singapore’s second Prime Minister, Goh Chok Tong.[3]
Background
Personal life & family
Goh Jin Hian and his twin sister, Jin Theng were born in 1968 to Goh Chok Tong and Tan Choo Leng.[4][5] In 2003, Goh Jin Hian shared his thoughts about joining his father in politics. He said:
“My dad shares the same sentiment that I shouldn't go (into politics) at this stage of my life. Like him the family is important to me and I also encourage the staff at work to spend more time with their families.”[6]
Goh Jin Hian is married with two daughters.
Early life & education
Goh Jin Hian is an alumnus of the National University of Singapore (NUS) where he graduated with a Bachelor of Medicine and Bachelor of Surgery in 1992.[7][8] He served his National Service after completing his undergraduate studies.[9][10] Goh Jin Hian also holds a Master’s degree in Business Administration from the University of Hull.[11][12]
Career
Early career
Goh Jin Hian was a professional in the healthcare industry for 14 years before switching careers in 2011.[7] In 2003, he was the General Manager of Parkway Shenton,[13] a corporate subsidiary of Parkway Group Healthcare which owns several private hospitals in Singapore.[14] Between 2006 and 2007, he was the Chief Executive Officer of Gleneagles Hospital.[15][16]
Joining the trading sector
Speaking to The Straits Times, Goh Jin Hian shared more about his decision to switch careers:
“I was 43 in 2011. I had to decide whether to stay on - and if so, be a one-organisation person until the day I retire - or do something different.”[7]
Goh Jin Hian started up an independent oil and gas trading firm in 2011. His start-up entered a joint venture with Digiland International in 2014 and was subsumed into the New Silkroutes Group in 2015.[7][11][17]
International Energy Group Pte Ltd (2014)
Goh Jin Hian met the Chairman of Digiland, Cai Sui Xin in early 2014.[7] Later that year, Goh Jin Hian and Digiland International entered a joint energy trading venture where the former held majority of the shares.[17] The joint venture was called International Energy Group Pte Ltd (IEG).
Digiland International & New Silkroutes Group Limited - Chief Executive Officer (2015 - current)
Goh Jin Hian was appointed as the CEO of Digiland International on 7 July 2015.[18] That same year, Digiland International was restructured as New Silkroutes Group (NSG), following the company's decision to leave the IT products sector for energy trading.[17] Goh Jin Hian's firm, International Energy Group (IEG) was also made a subsidiary of NSG. According to an NSG report from 2015, the company is primarily "in the business of oil and gas trading, enterprise info-communication system integration, network security and the marketing, sale and distribution of electronic and information technology products".[12] In 2020, the Commercial Affairs Department (CAD) launched an investigation on the company over an alleged offence for "false trading and market rigging".[19][20]
Leadership appointments
Goh Jin Hian has held several board positions, most of which are in the healthcare sector. The following are some of his leadership appointments over the years.
| Year(s) | Organisation | Position Held | Refs. |
|---|---|---|---|
| 2015 - 2020 | New Silkroutes Group Limited | Chief Executive Officer | [20] |
| - current | Chairman | [21] | |
| - current | Independent Director | ||
| 2018 - 2020 | Cordlife Group Limited | Chairman | [22] |
| 2011 - current | Independent Director | ||
| 2014 - 2019 | Inter-Pacific Petroleum's (IPP) | Non-executive Director | [23] |
| 2011 - 2014 | Executive Director | ||
| - current | Parkway Shenton Pte Ltd | Director | [15] |
| Shenton Insurance Pte Ltd | |||
| 2015 - current | Healthsciences International Pte Ltd | Executive Director | [24] |
| 2007 - 2017 | Council of the Singapore Human Resource Institute | Vice President | [22] |
| 1996 - 2000 | Council of the Singapore Medical Association | Member |
In October 2020, he stepped down as the Chairman of Cordlife Group Limited following a lawsuit from Inter-Pacific Petroleum's (IPP) judicial managers (JMs) over alleged negligence of his director duties.[23] Goh Jin Hian has also stepped down as the CEO of New Silkroutes Group Limited as of October 2020.[25]
References/ Citations
- ↑ "Goh Jin Hian ". Bloomberg. Accessed on 1 October 2020.
- ↑ "New Silkroutes Group Limited (BMT.SI)". Yahoo! Finance. Accessed on 1 October 2020.
- ↑ Ministry of Information and The Arts. "A FAMILY PHOTO OF PRIME MINISTER GOH CHOK TONG...". National Archives Singapore. Accessed on 1 October 2020.
- ↑ Varsha Sivaram. "Double bundle of joy: Famous personalities with twin children". The Straits Times. June 19, 2017. Accessed on 1 October 2020.
- ↑ "Too late ... or I would have four, says Chok Tong". The Straits Times. October 17, 1988. Accessed on 1 October 2020. Retrieved from NewspaperSG.
- ↑ "PM's son to wait until dad retires". The Star. March 11, 2003. Accessed on 1 October 2020.
- ↑ 7.0 7.1 7.2 7.3 7.4 "A healthy approach to challenges". The Straits Times. October 31, 2016. Accessed on 1 October 2020.
- ↑ "YIP parents every bit as proud over sons' graduation". The Straits Times. September 2, 1992. Accessed on 1 October 2020. Retrieved from NewspaperSG.
- ↑ Ministry of Information and the Arts. "PRIME MINISTER GOH CHOK TONG CONGRATULATES HIS SON GOH JIN HIAN...". National Archives Singapore. October 15, 1994. Accessed on 1 October 1994.
- ↑ Ministry of Information and the Arts. "PRIME MINISTER GOH CHOK TONG'S SON GOH JIN HIAN BEING INTERVIEWED...". National Archives Singapore. October 15, 1994. Accessed on 1 October 2020.
- ↑ 11.0 11.1 Chiang, Clemen. "Sophisticated Investor Profile: Dr Goh Jin Hian". Yahoo! Finance. December 23, 2016. Accessed on 1 October 2020.
- ↑ 12.0 12.1 "Annual Report 2015". NEW SILKROUTES GROUP LIMITED. Accessed on 1 October 2020.
- ↑ "No politics for now because...". The New Paper. March 10, 2003. Accessed on 1 October 2020. Retrieved from NewspaperSG.
- ↑ "No politics for now: PM goh's son". The Business Times. March 10, 2003. Accessed on 1 October 2020. Retrieved from NewspaperSG.
- ↑ 15.0 15.1 "OUR TEAM". Quantum Health. Accessed on 1 October 2020.
- ↑ "CHANGE - ANNOUNCEMENT OF APPOINTMENT:: APPOINTMENT OF DR GOH JIAN HAN AS EXECUTIVE DIRECTOR". Singapore Exchange. Accessed on 1 October 2020.
- ↑ 17.0 17.1 17.2 Chan Chao Peh. "Digiland appoints Goh Jin Hian as CEO, embarks on energy trading in Malta". The Edge Markets. July 7, 2015. Accessed on 1 October 2020.
- ↑ Williams, Ann. "Digiland appoints Dr Goh Jin Hian as CEO". The Straits Times. July 7, 2015. Accessed on 1 October 2020.
- ↑ Leong, Grace. "New Silkroutes Group under CAD probe". The Straits Times. September 28, 2020. Accessed on 1 October 2020.
- ↑ 20.0 20.1 "New Silkroutes CEO Goh Jin Hian and finance director William Teo assisting with CAD probe". The Straits Times. September 30, 2020. Accessed on 1 October 2020.
- ↑ Lam, Fiona. "New Silkroutes says Goh Jin Hian suitable to remain as chairman despite lawsuit". The Business Times. October 6, 2020. Accessed on 6 October 2020.
- ↑ 22.0 22.1 "Board Of Directors". Cordlife. Accessed on 1 October 2020.
- ↑ 23.0 23.1 Lam, Fiona. "Goh Jin Hian steps down as Cordlife chairman amid IPP lawsuit". The Business Times. October 6, 2020. Accessed on 6 October 2020.
- ↑ "Our Team". Healthsciences International Pte Ltd. Accessed on 1 October 2020.
- ↑ "Corporate leader's mounting problems". The Straits Times. October 6, 2020. Accessed on 6 October 2020.