DPM and Minister of Finance Lawrence Wong was appointed as the new MAS chairman.
He will start on 8 July 2023 to 31 May 2026. Wong has been the MAS deputy chairman since 1 June 2021, and he also served as a member of the MAS Board from June 2021 to August 2016.
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Wong will replace Senior Minister and Coordinating Minister for social policies, Tharman Shanmugaratnam who served as the MAS chairman for 12 years since May 2011. He will step down on 8 July.
Gan Kim Yong, the Minister for Trade and Industry, will replace Wong as deputy chairman of the MAS board from 8 July 2023 to 31 May 2026.
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