He was appointed to this role back in 2011, making him the longest-serving MAS MD.
Lucien Wong, Attorney-General, and Chaly Mah, Chairman of NetLink NBN Management, will be re-appointed to the MAS Board for a further term of three years from June 1 to May 31, 2026. Mah will also be re-appointed as Chairman of the Audit Committee for the same duration.
Emeritus Senior Minister Goh Chok Tong will step down from his position as senior advisor to MAS.
See also: MAS's Ravi Menon set to leave
See also: Singapore bank bonds can stand tall in 2H2025 on flight to quality
With effect from June 1, the board of MAS consists of:
Chairman, Tharman Shanmugaratnam, Senior Minister and Coordinating Minister for Social Policies
Deputy chairman Lawrence Wong, Deputy Prime Minister and Minister for Finance
See also: Bank of Singapore launches new asset allocation framework amid heightened global market volatility
Heng Swee Keat, Deputy Prime Minister and Coordinating Minister for Economic Policies. Heng is a former MD of MAS.
Alvin Tan Minister of State, Ministry of Trade and Industry and Ministry of Culture, Community and Youth
Chairman of Risk Committee Peter Ong, who is Chairman, Enterprise Singapore
Chairman of Audit Committe, Chaly Mah, who is Chairman, NetLink NBN Management
Lim Hng Kiang, Special Advisor at Ministry of Trade and Industry
Professor Tan Chorh Chuan Chief Health Scientist, Ministry of Health and Executive Director, MOH Office for Healthcare Transformation
Lucien Wong Attorney-General, Attorney-General’s Chambers Deborah Ong Retired Partner, PricewaterhouseCoopers
Ng Wai King Managing Partner, WongPartnership
Ravi Menon Managing Director, MAS
