The Monetary Authority of Singapore (MAS) has announced the appointment of Minister for Transport Chee Hong Tat as a new member of its board of directors. The appointment, effective from June 1, 2023, to May 31, 2027, adds to Mr. Chee’s responsibilities as he also serves as the Second Minister for Finance.
Reappointments and Terms
Alongside Mr. Chee, MAS has reappointed five other board members for the same term duration. The reappointed members include Mr. Heng Swee Keat, Mr. Alvin Tan, Mr. Peter Ong, Mrs. Deborah Ong, and Mr. Ng Wai King. These members will continue their contributions to the board from June 1, 2023, through May 31, 2027.
Leadership Continuity
This strategic continuity in leadership aims to ensure that MAS remains well-positioned to manage Singapore’s monetary policy and financial regulations effectively.
