Mr Heng Swee Keat, Managing Director of the Monetary Authority of Singapore, and Mr Koh Yong Guan, who is the chairman of the Central Provident Fund Board, have been re-appointed to Board of Directors of the MAS for a further period of two years.

Their re-appointments take effect from June 1 this year.

Mr Heng has also been re-appointed Managing Director of MAS effective on the same day.