Appointment of New Chairman to MAS Board of Directors
Singapore, 23 May 2011... The Monetary Authority of Singapore (MAS) announced that Deputy Prime Minister, Minister for Finance and Minister for Manpower Tharman Shanmugaratnam has been officially appointed as Chairman of MAS with effect from 21 May 2011, for a period of two years. Mr Shanmugaratnam is MAS’ sixth chairman since the establishment of MAS in 1971. He replaces Emeritus Senior Minister Goh Chok Tong who had served as Chairman of MAS since August 2004.
2. Mr Goh stepped down from MAS Board of Directors but has been appointed as Senior Advisor to MAS, with effect from 21 May 2011. He will lend his experience in this advisory position.
3. The members of the MAS Board of Directors are listed in the Annex.
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Annex
Board of Directors of the Monetary Authority of Singapore
(with effect from 21 May 2011)
Mr Tharman Shanmugaratnam (Chairman)
Deputy Prime Minister;
Minister for Finance;
Minister for Manpower
Mr Lim Hng Kiang (Deputy Chairman)
Minister for Trade and Industry
Mr Heng Swee Keat
Minister for Education
Mr Sundaresh Menon
Attorney-General
Mr Lim Chee Onn
Senior Advisor, Keppel Corporation Limited;
Chairman, Singbridge International Singapore Limited
Mr Teo Ming Kian
Permanent Secretary (National Research and Development), Prime Minister’s Office; Advisor (Special Projects), Ministry of Finance
Mr Peter Ong Boon Kwee
Permanent Secretary, Ministry of Finance
Mr Ravi Menon
Managing Director, MAS
Mr Lucien Wong Yuen Kuai
Managing Partner, Allen & Gledhill