Press Releases

The Minister for Finance has re-appointed Mr Chaly Mah, former Chief Executive Officer of Deloitte Asia Pacific, as Chairman of the Singapore Accountancy Commission (“SAC”). In addition, five new members have been appointed and seven other members have been re-appointed to the SAC. These appointments will be for a two-year term and will take effect from 1 April 2017.

2. The seven re-appointed members are:

• Mr Gerard Ee
  President
  Institute of Singapore Chartered Accountants
• Mr Kon Yin Tong
  Managing Partner
  Foo Kon Tan LLP
• Ms Leong Wai Leng
  Chief Financial Officer
  Temasek Holdings
• Mr Quek Suan Kiat
  Former Vice Chairman
  Barclays Bank PLC Singapore
• Mr Sim Guan Seng
  Managing Partner
  Baker Tilly TFW LLP 
• Mr Evan Law
  Chief Executive
  Singapore Accountancy Commission
• Mr Yee Ping Yi
  Deputy Secretary (Policy)
  Ministry of Finance

3. The five new members are:

• Mr Sushil Nair
  Director and Co-Head of Corporate Restructuring & Workouts Practice
  Drew & Napier LLC 
• Prof Pang Yang Hoong
  Vice Provost (Undergraduate Matters and Student Development)
  Singapore Management University
• Mr Steven Phan
  Area Managing Partner, Asia-Pacific
  EY
• Mr Magesvaran Suranjan
  President 
  Procter & Gamble Asia Pacific 
• Mr Ong Khiaw Hong
  Chief Executive – Designate (Chief Executive wef 1 April 2017)
  Accounting and Corporate Regulatory Authority

A brief write-up of the five new members can be found at Annex A.

4. The Ministry of Finance and the SAC welcome the new members, and would like to express our appreciation to the following retiring members for their invaluable contributions to the SAC:

• Mr Chng Lay Chew
  Chief Financial Officer
  Singapore Exchange Limited
• Ms Rachel Eng
  Deputy Chairman
  WongPartnership LLP
• Mrs Deborah Ong
  Assurance Partner, Singapore and International Team Leader
  Global Assurance Quality Review Group 
  PricewaterhouseCoopers LLP
• Mr Tham Sai Choy
  Asia Pacific Chairman
  KPMG
• Mr Kenneth Yap
  Chief Executive
  Accounting and Corporate Regulatory Authority
• Prof Gillian Yeo
  Associate Dean (Faculty), Nanyang Business School
  Nanyang Technological University

5. The SAC comprises 13 members including Chairman. The list of members of the SAC, with effect from 1 April 2017, can be found at Annex B.