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Board and Management

 

Board of Directors

The Monetary Authority of Singapore (MAS) enjoys considerable operational autonomy.  Under the MAS Act, the Board of Directors of MAS is appointed by the President. The Chairman of the Board is appointed by the President on the recommendation of the Cabinet. The Board of Directors is responsible for the policy and general administration of the affairs and business of MAS and informs the Government of the banking and credit policy of MAS. The Board is ultimately accountable to the Parliament of Singapore through the Minister in charge of MAS.

Board Members:

Mr Goh Chok Tong (Chairman)
Senior Minister
Mr Lim Hng Kiang (Deputy Chairman)
Minister for Trade & Industry
Mr Tharman Shanmugaratnam
Minister for Finance
Mr Heng Swee Keat
Managing Director, MAS
Mr Lim Chee Onn
Senior Advisor, Keppel Corporation &
Chairman, Singbridge International Singapore Ltd
Mr Teo Ming Kian
Advisor (Special Projects), Ministry of Finance &
Permanent Secretary (National Research and Development), Prime Minister's Office

Mr Peter Ong Boon Kwee
Permanent Secretary, Ministry of Finance

Mr Koh Yong Guan
Chairman, Central Provident Fund Board

Mr Lucien Wong Yuen Kuai
Managing Partner, Allen & Gledhill


Board Committees:

  Chairman's Meeting

  Monetary and Investment Policy Meeting

  Audit Committee

  Risk Committee
 

Management


For day-to-day administration, the MAS Act vests the Managing Director with power to make decisions and exercise all powers that may be exercised by MAS. The MAS management team is as follows:

Mr Heng Swee Keat Managing Director
Mr Ong Chong Tee Deputy Managing Director (Monetary Policy Investment / Development & External)

Ms Teo Swee Lian

Deputy Managing Director (Financial Supervision)

Mrs Foo-Yap Siew Hong

Assistant Managing Director (Currency, Corporate Services & Human Resource) & Special Projects Advisor to MD

Dr Andrew Khoo Assistant Managing Director (Policy, Risk & Surveillance) / MAS Academy 
Mr Lee Boon Ngiap Assistant Managing Director (Banking & Insurance)
Mr Lee Chuan Teck Assistant Managing Director (Markets & Investment)
Mr Leo Mun Wai Assistant Managing Director (Capital Markets)
Ms Jacqueline Loh Assistant Managing Director (Finance, IT and Risk Office) 
Mr Ng Nam Sin Assistant Managing Director (Development) / Financial Centre Development
Mr Edward Robinson Assistant Managing Director (Economic Policy)
Ms Winnifred Chen Executive Director (HR Projects)
Mr Chia Der Jiun

Executive Director (Banking)

Mr Chua Kim Leng Executive Director (Specialist Risk)
Ms Luz Foo Executive Director (Insurance)
Ms Ho Hern Shin Executive Director (Human Resource)
Mr Ho Kwen Chan Executive Director (Currency)
Mrs Huay Khee Chuang Executive Director (Information Technology)
Dr Lam San Ling Executive Director (Capital Markets Intermediaries)
Mr Leong Sing Chiong Executive Director (External)
Ms Loo Siew Yee Executive Director (Capital Markets)
Mr Low Kwok Mun Executive Director (Complex Institutions)
Mr Kola Luu Executive Director (Financial Markets Strategy)
Mr Timothy Ng Executive Director (Internal Audit)
Ms Celine Sia Executive Director (Economic Surveillance & Forecasting)
Mr Tai Boon Leong Executive Director (Special Projects)
Mr Tan Boon Gin Executive Director (Investment Intermediaries)
Mr Wong Nai Seng Executive Director (Macroeconomic Surveillance)
Mr Yap Chuin Houi Executive Director (Reserve Management)
Mr Bernard Yeo

Executive Director (Corporate Services)

Mr Ng Heng Fatt General Counsel
Mr Adrian Chua Director (Prudential Policy) wef 1 Nov 2010
Mr Luke Goh Director (Monetary & Domestic Markets Management)
Mr Lim Tuang Lee Director (Risk Management)
Mr Teo Kok Ming Director (Finance)
Mr Ng Bok Eng Principal Economist (Economic Analysis)

 

 

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Last modified on 14/7/2010