New Chief Executive Officer For CPF Board

1. Mr Ng Chee Peng (黄志平), currently Deputy Secretary (Special Projects) of the Ministry of Manpower (MOM), will take over as the Chief Executive of the Central Provident Fund Board (CPF Board) on 15 March 2015.
2. Mr Ng will succeed Mr Yee Ping Yi (余秉义), who became the Chief Executive of the CPF Board in January 2011. Mr Yee will return to the Civil Service where he will assume another leadership position.
3. Mr Ng was the Chief of Navy prior to joining MOM. Mr Ng holds a Bachelor of Arts (Honours First Class) in Philosophy, Politics and Economics from the University of Oxford, UK as well as a Master of Public Administration from Harvard University, USA. In the course of his career, he has held, amongst others, the appointments of Director (Policy) in the Ministry of Defence, Chief of Staff-Naval Staff, and Chief of Staff-Joint Staff in the Singapore Armed Forces.
4. Mr Loh Khum Yean, Permanent Secretary (Manpower), said, "The Ministry of Manpower would like to put on record its deep appreciation to Ping Yi for his significant contributions during his tenure at CPF Board. Under his leadership, the CPF Board saw through the implementation of many policy initiatives and made continuing improvements to its schemes and services. Ping Yi has also guided his team in enhancing customer experience, delivery systems and IT infrastructure."