You are on page 1of 7

HOME MAIL NEWS FINANCE SPORT ENTERTAINMENT LIFE SEARCH SHOPPING MORE...

Search for news, symbols or companies Sign in Mail

Finance Cryptocurrencies News Property Money Markets Industries Watchlists My Portfolio All Markets Summit My Screene

SNIFFER430 leak detector


Pinpoint leaks precisely

Jacob's MC Open

Singapore markets close in 7 hours 28 minutes

Straits Times Index Nikkei Hang Seng FTSE 100 Bitcoin USD CMC Crypto 2
3,204.72 33,405.06 19,306.59 7,527.26 31,199.10 673.38
-2.38 (-0.07%) -348.27 (-1.03%) 0.00 (0.00%) -4.27 (-0.06%) +505.72 (+1.65%) +7.75 (+1.16%)

Yahoo Finance Singapore

Lawrence Wong to succeed Tharman Shanmugaratnam as MAS


Chairman
Minister of Trade and Industry Gan Kim Yong will be appointed the new Deputy Chairman of MAS.

Timothy Kang · Finance Producer


Mon, 3 July 2023 at 4:42 pm SGT · 2-min read

Deputy Prime Minister and Minister for Finance Lawrence Wong will be the new Chairman of MAS.
(PHOTO: Associated Press)

SINGAPORE — Deputy Prime Minister and Minister for Finance


Lawrence Wong will be appointed as the new Chairman of the
Monetary Authority of Singapore (MAS) Board of Directors with effect
TRENDING
from 8 July 2023 to 31 May 2026, said MAS in an announcement on
Singapore’s star banker creates a
Monday (3 July). 1. succession dilemma for DBS
In addition, MAS also announced that Minister forLIFE
Trade and Industry Looking for Both Growth and Dividends?
HOME MAIL NEWS FINANCE SPORT ENTERTAINMENT SEARCH SHOPPING
2.
MORE...
This Stock Could be the One for You
Gan Kim Yong will succeed Wong as the Deputy Chairman of MAS, in
Exclusive-India refiners
Sign instart yuan
addition to being appointed to the MAS Board for the period of 8 July 3. payments for Russian oil imports -
Mail

2023 to 31 May 2026. sources


Finance Cryptocurrencies News Property Money Markets Industries Watchlists My Portfolio All Markets Summit My Screene
Oil giants drill deep as profits trump
Wong has been the Deputy Chairman of MAS since 1 June 2021 and has 4. climate concerns
previously served as a member of the MAS Board from June 2011 to
Singapore tells crypto platforms to keep
August 2016.
5. client money in a trust

Wong's appointment as the new Chairman of MAS comes after the


incumbent, Senior Minister and Coordinating Minister for Social
Policies Tharman Shanmugaratnam, announced that he will relinquish
the position in order to contest as a candidate in the upcoming
presidential election.
ついに判明した頚椎症の本当の原因
Tharman has served as Chairman of MAS for 12 years since May 2011 と、たった1分すわるだけで自力で
治す方法とは?
and will step down from the position on 8 July 2023. アスカ鍼灸治療院福辻式DVD

Also read: Tharman Shanmugaratnam: 4 things to know about the


Singapore presidential aspirant

Also read: Businessman George Goh: 5 things to know about the


Singapore presidential hopeful

Also read: Ravi Menon to lead Monetary Authority of Singapore for


two more years

MAS Board of Directors

Here is the full list of MAS Board of Directors and their respective
positions, with effect from 8 July 2023:

Chairman: Lawrence Wong, Deputy Prime Minister and Minister for


Finance

Deputy Chairman: Gan Kim Yong, Minister for Trade and Industry

Board Member: Heng Swee Keat, Deputy Prime Minister and


Coordinating Minister for Economic Policies

Board Member: Alvin Tan, Minister of State, Ministry of Trade and


Industry and Ministry of Culture, Community and Youth

Chairman of Risk Committee: Peter Ong, Chairman, Enterprise


Singapore

Chairman of Audit Committee: Chaly Mah, Chairman, NetLink NBN


Management Pte Ltd

Board Member: Lim Hng Kiang, Special Advisor, Ministry of Trade


and Industry
HOME MAIL Board Member:
NEWS Professor
FINANCE Tan Chorh
SPORT Chuan, Chief
ENTERTAINMENT LIFE Health Scientist,
SEARCH SHOPPING MORE...

Ministry of Health and Executive Director, MOH Office for


Sign in Mail
Healthcare Transformation

Finance Board Member:


Cryptocurrencies NewsLucien Wong,
Property Attorney-General,
Money Markets Attorney-General’s
Industries Watchlists My Portfolio All Markets Summit My Screene

Chambers

Board Member: Deborah Ong, Retired Partner,


PricewaterhouseCoopers LLP

Board Member: Ng Wai King, Managing Partner, WongPartnership

Board Member: Ravi Menon, Managing Director, MAS

Story continues

.
Learn more
*T&Cs apply. CFD losses can exceed deposits. Refer to Risk Disclosure Statement and Risk Fact Sheet at IG.com/sg. Issued by IG Asia Pte Ltd (Co. Reg. No. 200510021K).

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily
suspending article commenting

Latest stories
Associated Press
An explosion in a downtown Tokyo building has injured four
people, according to media reports
An explosion at a building in Tokyo’s Shimbashi commercial district on
Monday shattered windows and spewed smoke, injuring four people,
department officials said. Tokyo Fire Department said the explosion…
18 hours ago 非FIT太陽光発電設備を所有したい企業や脱炭素
化促進計画を目指し再エネ電気を欲している企業
Yahoo News Singapore
株式会社エコスマイル 開く
19 wild boars trapped, put down after recent Bukit Panjang
attacks
NParks trapped, removed and humanely put down 19 wild boars from Bukit
Panjang since May. Three exclusion fences will be built, with one
completed.
16 hours ago
Ad • MyCareersFuture
HOME MAIL NEWS FINANCE SPORT ENTERTAINMENT LIFE SEARCH SHOPPING MORE...
Salary Guide Singapore 2023
Unsure whether your wages have kept pace with the industry? Read this
salary guide so you can negotiate your salary confidently. Sign in Mail

Finance Cryptocurrencies News Property Money Markets Industries Watchlists My Portfolio All Markets Summit My Screene

Bloomberg
Singapore home prices fall for first time in three years
Singapore home prices fell for the first time in three years in the second
quarter, suggesting the market is cooling on the back of the latest property
curbs.

23 hours ago

Yahoo Lifestyle Singapore


'Burnt out' Sheila Sim finds it hard to enjoy time with her
children
Singapore model-actress Sheila Sim said she felt like she was experiencing
burnout, and talked about feeling drained every day. Here's why.

22 hours ago

Bloomberg
Singapore tells crypto platforms to keep client money in a trust
Singapore will require cryptocurrency exchanges to keep customer assets
in a trust before the end of the year, part of efforts to ensure funds are
safeguarded following the implosion of FTX in November.

16 hours ago

Ad • Health Promotion Board


Don't let vascular dementia happen to you.
Vascular dementia is not a normal part of ageing. Here are 5 simple steps
you can take now to reduce your risk. Click to find out.

The Independent
Titanic sub latest: Titan crew’s final moments revealed as
OceanGate promo video emerges
Debris from the imploded OceanGate Titan submersible were found and
recovered from the ocean floor this past week

4 hours ago

The Independent
Jo Lindner death: YouTube bodybuilding star known as
Joesthetics ‘dies from aneurysm’, aged 30
Fitness influencer’s girlfriend paid tribute to Lindner, adding she was
‘heartbroken’

2 days ago

Yahoo News Singapore


Singapore sees highest number of suicide deaths since 2000,
with 478 cases in 2022
Singapore reported 476 suicides in 2022, a 25.9 per cent rise from 2021 and
the highest recorded suicide deaths since 2000, said the Samaritans of
Singapore.
23 hours ago

Ad • DBS
Fix your home loan at 3.75% p.a. Apply online now.
Applicable for prevailing fixed rate packages. Plus, enjoy a free one-time conversion and up to S$2,800 cash when you
refinance with us.
HOME MAIL NEWS FINANCE SPORT ENTERTAINMENT LIFE SEARCH SHOPPING MORE...

Yahoo Finance Singapore


GetGo CEO on why starting Sign in Mail
a business when you're
ld i comingdfrom
Despite id an
Finance Cryptocurrencies News Property Money Markets Industries Watchlists My Portfolio All Markets Summit My Screene
entrepreneurial family, the co-
founder of Singapore car-…
17 hours ago

Yahoo Finance
Gen Z are the most disgruntled workers and that's a problem for
employers
Of the four working generations, those born between 1997 and 2012 are
more likely to say their work is frustrating and overwhelming.

a day ago

The Independent
Stanley Tucci recalls trying to break up with wife Felicity Blunt
over 21-year age gap
Felicity is the sister of Tucci’s ‘The Devil Wears Prada’ co-star Emily Blunt

a day ago

Ad • Endowus
Should you invest your CPF in T-bills?
Diversify to beat inflation, and beware the lost CPF interest with T-bills.

HuffPost
Missing Houston Man Found Alive, 8 Years After Disappearing
As A Teen
Rudy Farias was 17 when last seen walking his dogs in March 2015.

14 hours ago

The Edge Singapore


DBS prefers CDL and Guocoland, citing strong interest for
recent projects
We can sense the continued interest, 'vibe' and 'excitement' amongst
buyers

18 hours ago

Bloomberg
Singapore’s star banker creates a succession dilemma for DBS
For more than 13 years, Piyush Gupta has led one of Singapore’s most
iconic institutions, the bank that helped turn the Southeast Asian city-
state into one of the richest countries in the world.

22 hours ago

Ad • Singtel
Fast, secure and simplified network control
Simplify business network with centralised network and threat protection.
Get Singtel Business Broadband with SD-WAN from $137/mth

AFP News
Bye bye 'Barbie': Vietnam bans new movie over South China Sea map
Vietnam has banned the upcoming "Barbie" movie from cinemas over
HOME MAIL NEWS FINANCE SPORT ENTERTAINMENT LIFE SEARCH SHOPPING MORE...
scenes with a map showing China's claims to territory in the South China
Sea, state media reported Monday.And in 2018, Vietnam cut a scene from…
16 hours ago Sign in Mail

Reuters
Finance Cryptocurrencies News Property Money Markets Industries Watchlists My Portfolio All Markets Summit My Screene
Samsung sues Chinese rival
over alleged patent
i l Korea's
South i iPh
Samsung Display
has filed a lawsuit against BOE
Technology, accusing the…
6 hours ago

AFP News
Hong Kong police offer bounties for 8 prominent overseas
activists
Hong Kong police offered on Monday HK$1 million bounties for information
leading to the capture of eight prominent democracy activists based
abroad and wanted for national security crimes.A reward of HK$1 million…
14 hours ago

Ad • B Trending
See The Land Of Fire And Ice
20 Weird Facts About Iceland That Will Amaze You!

Reuters Videos
Russia launches overnight drone attack on Kyiv
STORY: The country's air force said that the attack included eight Iranian-
made Shahed drones and three cruise missiles, which were shot
down.Reuters witnesses heard blasts resembling the sound of air defence…

2 days ago

AFP News
Thai King opens parliament after shock election result
Thailand's king opened parliament Monday following a shock election
result in which the pro-democracy opposition trounced army-backed
parties that have ruled the kingdom for nearly a decade.It was the first…

13 hours ago

The Telegraph
French 'tanks' blamed for Ukraine troop deaths
A Ukrainian tank crew died when artillery fragments pierced the thin
armour of a French-made light tank, a Ukrainian battalion commander
claimed.

2 days ago
HOME MAIL NEWS FINANCE SPORT ENTERTAINMENT LIFE SEARCH SHOPPING MORE...

Sign in Mail

Finance Cryptocurrencies News Property Money Markets Industries Watchlists My Portfolio All Markets Summit My Screene

You might also like