1. The Minister for Finance has re-appointed Mr Michael Lim Choo San and Mr Nagaraj Sivaram as the Chairman and Deputy Chairman of the Accounting Standards Council ("ASC") respectively. The Minister for Finance has also re-appointed five other members and appointed six new members to the ASC. These appointments are for the period 1 November 2013 to 31 October 2015.
2. The five re-appointed members are:
Mrs Chng Sok Hui
Chief Financial Officer, DBS Group
Mr Tan Kay Kheng
Partner & Head of Tax Practice, WongPartnership LLP
Mr Low Puk Yeong
Commissioner of Charities, Ministry of Culture, Community and Youth
Mr Ng Yeow Boon
Senior Director, Policy and Operations Division, Ministry of Home Affairs
Mr Kenneth Yap
Chief Executive, Accounting and Corporate Regulatory Authority
3. The six new members are:
Mr Chua Kim Chiu
Partner, PricewaterhouseCoopers Services LLP
Mr Cheung Pui Yuen
Regional Managing Partner, Assurance & Advisory Services (Southeast Asia), Deloitte & Touche LLP
Mr Kevin Kwok
Director, Singapore Exchange
Mr Yeo Ek Khuan
Partner, BDO Singapore
Mr Choo Teck Min
Associate Professor, Division of Accounting, Nanyang Technological University
Mr Lee Chuan Teck
Assistant Managing Director, Capital Markets Group, Monetary Authority of Singapore
4. The list of members with effect from 1 November 2013 is attached at the Annex.
The Ministry of Finance welcomes the new members and would like to express our appreciation to the retiring members - Ms Esther Bay, Ms Goh Ann Nee, Ms Leong Wai Leng, Mr Phillip Tan Eng Seong, Mr Philip Yuen and Mr Teo Kok Ming - for their contributions to the ASC.
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