Goh becomes chairman of MAS

Lee Hsien Loong, who became Singapore's third prime minister on Thursday 12 August, will remain as finance minister, but his predecessor Goh Chok Tong is to take over as chairman of the Monetary Authority of Singapore.

In a statement on Tuesday 10 August, the Government of Singapore said Mr Goh, who will also be Senior Minister in the proposed new Cabinet, will head the Monetary Authority of Singapore (MAS).

The choice of Mr Goh as MAS chairman was "surprising", according to local press reports

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