MAS, Temasek executives among new members appointed to HDB’s board

THE Housing and Development Board (HDB) has named five new members who will join its board for the upcoming term spanning Oct 1, 2024 to Sep 30, 2026.

These new members are “from diverse backgrounds with experience in different sectors and professional fields”, said the housing authority in a joint statement with the Ministry of National Development (MND) on Monday (Sep 30).

They include Chua Eu Jin, managing director of institutional relations as well as the Singapore market for Temasek International, the management arm of state-owned investor Temasek.

The Monetary Authority of Singapore’s (MAS) deputy managing director of financial supervision, Ho Hern Shin, and CapitaLand Group advisor Jason Leow are also among the five newcomers to the board.

Leow was chief executive of CapitaLand Development before he retired in June 2023 after nearly three decades with the private real estate development arm of CapitaLand Group. 

Other fresh faces on HDB’s board are colonel John N Samuel, who is deputy commander for joint intelligence command, digital and intelligence service at the Singapore Armed Forces (SAF); and the National Trades Union Congress’ (NTUC) assistant secretary-general, Melvin Yong.

HDB’s board will continue to be chaired by Benny Lim, while nine other board members including HDB chief executive Tan Meng Dui have been re-appointed for the upcoming term.

Four members have stepped down as at the end of their terms on Sep 30.

They are SQL View chief executive Stephen Lim, MAS deputy managing director for corporate development Jacqueline Loh, NTUC assistant secretary-general Patrick Tay, and SAF’s director of joint operations, brigadier-general Chan Ching Hao.

“MND and HDB wish to extend gratitude for their service, guidance and invaluable contributions during their term of appointment,” said both statutory boards of the departing HDB board members.