MICHAEL BUCHANAN

Michael Buchanan joined Temasek in December 2012 and is currently Head,
Portfolio Strategy & Risk Group and Head, Macro Strategy. In addition, he is
Head, Australia & New Zealand.

Michael was most recently the Chief Asia-Pacific Economist at Goldman Sachs,
Hong Kong where he was responsible for the firm’s economic, forex and rates
views on the region. Prior to this role, he was the Co-Director of the Global
Macro & Markets Research Group responsible for broad macro-trading strategy
as well as long-term thematic research on the future of the global economy and
shorter-term cyclical work on the major economies. Michael was also
previously the Senior Emerging Markets Economist of Goldman Sachs, based
out of London office.

Michael began his career as a Lecturer at Jesus College, Oxford University and
at the Institute of Economics and Statistics, Oxford University. Thereafter, he
joined the International Monetary Fund (IMF) as an Economist working on
Russia and capital market issues.

Michael holds a M.Phil (Economics) from Oxford University (under Rhodes
scholarship). He graduated from University of Tasmania, Australia with Honours
in Economics (and a partial major in Law).