The Monetary Authority of Singapore (MAS) has announced the appointment of Ong Pang Thye to its Board of Directors for a three-year term starting 1 June 2026. This appointment coincides with the re-appointment of several key figures, including Chairman Gan Kim Yong and Managing Director Chia Der Jiun.
Gan Kim Yong, who also serves as Deputy Prime Minister and Minister for Trade and Industry, will continue as Chairman of the MAS Board for another three years. Chia Der Jiun will remain as Managing Director and a board member for an additional two years. Lucien Wong, the Attorney-General, and Chaly Mah, Chairman of NetLink NBN Management Pte Ltd, will also continue their roles on the board, with Mah serving a final one-year term and retaining his position as Chairman of the Audit Committee.
Ong Pang Thye, who brings extensive experience from his roles at the Singapore Business Federation, Temasek, Singapore Power Limited, and MOH Holdings, is expected to provide valuable insights to the board. Previously, he was the Managing Partner at KPMG Singapore. Gan Kim Yong expressed confidence in Ong’s ability to contribute, stating, “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.”
These appointments and re-appointments are set to strengthen the leadership of MAS as it continues to address the challenges of a dynamic global financial landscape.
