Hwee Hua Lim is a co-chairman of Tembusu Partners. She is also chairman of the International Valuation Standards Council and chairman of SembEnviron, a waste management company. She serves as an independent nonexecutive director of Nippon Paint Holdings and JERA Company. She chairs Toku Advisory Board and has recently been appointed a member of the International Advisory Board, Royal Academy of Management, Oman. She is currently the Rector of Tembusu College of the National University of Singapore and lectures at the Lee Kuan Yew School of Public Policy.

Between 2011 and 2014, she served as an independent nonexecutive representative of the Ernst & Young global advisory council, and between 2011 and 2023, as Senior Advisor to KKR & Co.

Lim was first elected to Parliament in December 1996 and served until May 2011. She last served as minister in the prime minister’s office, Singapore, and concurrently as second minister for finance and transport. Between April 2002 and July 2004, she was deputy speaker of Parliament and chairman of the Public Accounts Committee.

Prior to joining the Singapore cabinet at Temasek Holdings (2000-2004), Lim served as managing director for stewardship, corporate governance and strategic relations with key foreign counterparts. At Jardine Fleming (1992–2000) she was first head of Singapore research and then director of business development. At Swiss Bank Corp. (1989–1992) she was an investment analyst for both the Singapore and Malaysia markets. From 1981 to 1989, she served as an administrative officer in the Singapore ministries of finance, education and law.

In 1981, Lim graduated in mathematics/engineering from the University of Cambridge. In 1989, she obtained a master of business administration, majoring in finance, from the UCLA Anderson School of Management.