Monetary Authority of 10 Shenton Way MAS Building Singapore 079117 Telephone: (65) 6225-5577

FOR IMMEDIATE RELEASE

Re-appointments to the MAS Board of Directors

Singapore, 29 May 2020... The Monetary Authority of Singapore (MAS) announced the re-appointment of two existing members to the MAS Board of Directors.

2. Mr Lucien Wong, Attorney-General, and Mr Chaly Mah, Chairman of NetLink NBN Management Pte Ltd, will be re-appointed to the MAS Board for a further term of three years, from 1 June 2020 to 31 May 2023.

3. Mr V K Rajah, Senior Counsel and Member of Essex Court Chambers Duxton (Singapore Group Practice), will be stepping down from the MAS Board and as a member of the Risk Committee on 31 May 2020. Mr , Chairman of the MAS Board, said, “Mr Rajah provided valuable insights to the MAS Board over the past five years, and helped shape MAS’ approach on several important regulatory and consumer-related issues. We are deeply appreciative of his contributions.”

4. The members of the MAS Board of Directors are listed in the Annex.

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For media enquiries, please contact:

Denise Gan Deputy Director (Communications) Monetary Authority of Singapore Tel: +65 62299425 Email: [email protected]

Monetary Authority of Singapore 10 Shenton Way MAS Building Singapore 079117 Telephone: (65) 6225-5577

Annex

Board of Directors of the Monetary Authority of Singapore (with effect from 1 June 2020)

Mr Tharman Shanmugaratnam (Chairman) and Coordinating Minister for Social Policies

Mr (Deputy Chairman) Special Advisor, Ministry of Trade and Industry

Mr Deputy Prime Minister and Minister for Finance

Mr Minister for Education

Mr Quek See Tiat President, Council for Estate Agencies

Mr Peter Ong Boon Kwee Chairman, Enterprise Singapore

Professor Tan Chorh Chuan Chief Health Scientist, Ministry of Health and Executive Director, MOH Office for Healthcare Transformation

Mr Lucien Wong Attorney-General, Attorney-General’s Chambers

Mr Chaly Mah Chairman, NetLink NBN Management Pte Ltd

Mr Ravi Menon Managing Director, MAS