SINGAPORE - Deputy Prime Minister and Minister for Finance Tharman Shanmugaratnam will serve on the board of directors of the Monetary Authority of Singapore (MAS) for another three years, after he was reappointed to the post.

Managing Director Ravi Menon has also been reappointed, and will serve as member of the MAS board of directors for a further two years.

The appointments take effect from June 1.

Other board members re-appointed for three years are Education Minister Heng Swee Keat, Minister for Culture, Community and Youth Lawrence Wong, and Mr Quek See Tiat, chairman of the Building and Construction Authority.

The members of the MAS Board of Directors (as of June 1) are:

1. Mr Tharman Shanmugaratnam (Chairman)

Deputy Prime Minister and Minister for Finance

2. Mr Lim Hng Kiang (Deputy Chairman)

Minister for Trade and Industry

3. Mr Heng Swee Keat

Minister for Education

4. Mr Lawrence Wong

Minister for Culture, Community and Youth, and Second Minister for Communications and Information

5. Mr Quek See Tiat

Chairman, Building and Construction Authority

6. Mr Lim Chee Onn

Senior International Adviser, Singbridge Private Limited

7. Mr Peter Ong Boon Kwee

Permanent Secretary, Ministry of Finance

8. Professor Tan Chorh Chuan

President, National University of Singapore

9. Mr V K Rajah

Attorney-General

10. Mr Ravi Menon

Managing Director, MAS