Former KPMG Singapore Managing Partner Ong Pang Thye will join the Monetary Authority of Singapore (MAS) Board as the regulator updates its board composition.
MAS announced that Ong will serve a three-year term from 1 June 2026 to 31 May 2029.
Ong is currently Vice Chairman of the Singapore Business Federation and sits on the boards of Temasek, Singapore Power Limited and MOH Holdings. He was previously Managing Partner at KPMG Singapore.
MAS also confirmed the reappointment of four existing directors, including Gan Kim Yong as Chairman and Chia Der Jiun as Managing Director.
Gan, who is Singapore’s Deputy Prime Minister and Minister for Trade and Industry, will serve another three-year term as Chairman of the MAS Board from 1 June 2026 to 31 May 2029.
Chia will continue as Managing Director of MAS and a member of the MAS Board for a further two years, from 1 June 2026 to 31 May 2028.
Lucien Wong, Singapore’s Attorney-General, will serve another three-year term on the MAS Board.
Chaly Mah, Chairman of NetLink NBN Management, will be reappointed for a final one-year term from 1 June 2026 to 31 May 2027. He will also continue as Chairman of the Audit Committee for the same period.
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.”
Featured image: Edited by Fintech News Singapore, based on image by ismode via Magnific
