DPM Wong is the new chairman of MAS’ board of directors

Wong will survive beginning 8 July up to 31 May 2026.

Deputy Prime Minister and Minister of Finance Lawrence Wong has been appointed as the new chairman of the Monetary Authority of Singapore’s board of directors.

Wong is expected to serve for the period from 8 July 2023 to 31 May 2026.

Wong has been the deputy chairman of MAS since 1 June 2021, and had previously served as a member of the MAS Board from June 2011 to August 2016. 

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Wong replaces Senior Minister and Coordinating Minister for social policies, Tharman Shanmugaratnam, who has served as Chairman of MAS for twelve years since May 2011, and will step down on 8 July. 

Gan Kim Yong, Minister for Trade and Industry, will replace Wong as deputy chairman of the MAS board, for the period from 8 July 2023 to 31 May 2026.