The Monetary Authority of Singapore (MAS) today announced the appointment of Mr Ong Pang Thye to its Board of Directors (MAS Board), for a term of three years from 1 June 2026 to 31 May 2029. MAS also announced the re-appointment of four existing Directors, including its Chairman, Mr Gan Kim Yong and its Managing Director, Mr Chia Der Jiun.
2. Mr Gan Kim Yong, Deputy Prime Minister, Minister for Trade and Industry, will be re-appointed as Chairman to the MAS Board for a further term of three years, from 1 June 2026 to 31 May 2029.
3. Mr Chia Der Jiun will be re-appointed as Managing Director of MAS and a member of the MAS Board for a further term of two years, from 1 June 2026 to 31 May 2028.
4. Mr Lucien Wong, Attorney-General, will be re-appointed to the MAS Board for a further term of three years, from 1 June 2026 to 31 May 2029.
5. Mr Chaly Mah, Chairman of NetLink NBN Management Pte Ltd, will be re-appointed to the MAS Board for a final term of one year, from 1 June 2026 to 31 May 2027. Mr Mah will also be re-appointed as Chairman of the Audit Committee for the same duration.
6. Mr Ong Pang Thye will be appointed as a member of the MAS Board for a term of three years, with effect from 1 June 2026 to 31 May 2029. Mr Ong currently serves as Vice Chairman in the Singapore Business Federation and sits on the boards of Temasek, Singapore Power Limited and MOH Holdings. He was formerly the Managing Partner at KPMG Singapore.
7. Mr Gan Kim Yong, Deputy Prime Minister, Minister for Trade and Industry, and Chairman of MAS said: “We welcome Mr Ong Pang Thye to the MAS Board of Directors. His experience in accounting and consulting work in a broad range of industries will be valuable to the MAS Board as we navigate an increasingly complex and turbulent world.”
8. The members of the MAS Board are listed in the Annex.
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