The Monetary Authority of Singapore (MAS) announced that Gan Kim Yong, Minister for Trade and Industry, will be the new Chairman of the MAS Board of Directors, effective from 15 May 2024 to 31 May 2026.
Gan, who has served as Deputy Chairman of MAS since 8 July 2023, will succeed Lawrence Wong, Deputy Prime Minister and Minister for Finance.
Wong has held the Chairman position since 8 July 2023 and will step down from his roles as Chairman and Board member on 15 May 2024.
Wong’s tenure with MAS includes his time as Deputy Chairman from 1 June 2021 to 7 July 2023 and as a Board member from 10 June 2011 to 29 August 2016.
The full list of MAS Board members as of 1 June 2024 is detailed here.
Featured image credit: Edited from Freepik
