Singapore reappoints Gan Kim Yong as MAS chairman, adds Ong Pang Thye

Singapore reappointed Deputy Prime Minister Gan Kim Yong as chairman of the Monetary Authority of Singapore board, with the new 3-year term taking effect on June 1, 2026. ^{[1, 2]}

The central bank also named Ong Pang Thye as a new board member from June 1, 2026. Ong is vice-chairman of the Singapore Business Federation and sits on the boards of Temasek, Singapore Power and MOH Holdings. ^{[1, 2]}

MAS said Chia Der Jiun was reappointed to continue as managing director and board member until May 31, 2028. Lucien Wong was reappointed as a board member until May 31, 2029, while Chaly Mah was given a final one-year term to May 31, 2027 and will stay on as chairman of the Audit Committee for the same period. ^{[1, 2]}

MAS announced the board changes on May 12, 2026. Gan’s term as chairman runs until May 31, 2029, and the appointments of Ong, Chia, Wong and Mah all take effect on June 1, 2026. ^{[1, 2]}

Gan said Ong’s experience in accounting and consulting across many industries “will be valuable to the MAS board as we navigate an increasingly complex and turbulent world.” ^{[1, 2]}