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New Chief Executive Officer For CPF Board

01 December 2010 

  1. Mr Yee Ping Yi, who is currently 2 Deputy Secretary in the Manpower Ministry, will be seconded to the CPF Board as its Chief Executive Officer (CEO) with effect from 1 January 2011 for a three-year term.
  2. Mr Yee will succeed Mr Liew Heng San, who will be retiring from the Public Service on 1 January 2011. Mr Yee will be seconded as CEO-Designate, CPF Board, from 13 December 2010 onwards, whereupon he will relinquish his role as 2 Deputy Secretary in MOM.

    Paying Tribute to Mr Liew Heng San's efforts at CPF Board
  3. Under Mr Liew's leadership, CPF Board successfully implemented several major policy changes to improve the overall retirement adequacy of CPF members. These included enhancing CPF returns with an extra interest of 1% for the first $60,000 of CPF savings, helping members to stretch their CPF savings by deferring their draw down age, and introducing CPF LIFE – a national annuity scheme which allows members to enjoy a lifelong income.
  4. During his term, Mr Liew also made significant improvements to the CPF Board's organisational capabilities and services to the public. These included building a member information repository system to provide easy access to CPF employees to enable them to provide personalised service (known as iCARE), designated customer service counters to serve members approaching 55 (Club 55), and the deployment of mobile ambassadors to provide value-added, face-to-face service for the elderly, handicapped and the homebound.
  5. During Mr Liew's appointment as CEO, the CPF Board was honoured with the United Nations Public Service Award for the effective and responsive public administration of the Progress Package (PP) and Workfare Bonus Scheme, a Government surplus sharing scheme in 2007. In 2009 and 2010, he led the Board to win the prestigious Service Excellence Award and the Public Service Premier Award respectively.
  6. The Manpower Ministry deeply appreciates Mr Liew's valuable contributions to the CPF Board over the past five years, and wishes Mr Liew all the best for his future endeavours.

    About Mr Yee Ping Yi
  7. Mr Yee Ping Yi joined the Singapore Administrative Service as Assistant Director (Asia Pacific) Trade Division at the Ministry of Trade & Industry (MTI) in 1996, after obtaining a Bachelor of Arts (Hons Class I) in Engineering from the University of Cambridge. He obtained a Masters of Business Administration from the Sloan School of Management at the Massachusetts Institute of Technology in 2001. Mr Yee has served in a number of public sector agencies, including Ministry of Trade and Industry, Economic Development Board, Ministry of Health, and Public Service Division in the Prime Minister's Office. He also served as the Civil Service College's Deputy CEO from May 2009 to Oct 2010, while concurrently heading its Centre for Governance and Leadership.