The Monetary Authority of Singapore ( MAS ) board of directors has been appointed, according to the central bank, which was on Thursday ( May 2 ), by Minister for Transport Chee Hong Tat.
His three-year term-long visit begins on June 1 and will work until May 2027, according to a MAS press release.
Additionally, Mr. Chee serves as Minute Minister for Finance.  ,  ,
Five MAS committee members who are currently serving for three years have also been reappointed.
Their conditions may also apply from June 1 through May 31, 2027.
When Professor Tan Chorh Chuan’s current term expires on May 31st, one committee member,  . Professor Tan Chorh Chuan, did step down.
Since taking up this position in June 2012, he has actively participated in panel discussions and as a vital member of the Board Risk Committee, according to MAS.
In a speech, MAS president Lawrence Wong expressed the board’s respect for Prof Tan’s efforts.
He said:” The MAS board was greatly helped by his clear thinking and ability to apply a devices perspective to challenging issues.”
He “provided important inputs that made more informed decisions that made MAS able to develop stronger organizational skills in technology and risk management.”
The MAS board of directors is led by Mr. Wong, who is also the deputy president and the vice chair. Minister for Trade and Industry Gan Kim Yong serves as deputy president.  ,
Mr. Chaly Mah, Mr. Lucien Wong, and Mr. Chia Der Jiun are the other committee members.