“Mr Chiang Chie Foo, Permanent Secretary, Ministry of Defence, will succeed Mr Koh Yong Guan as Chairman of the CPF Board from 1 July 2013. Mr Chiang has held numerous leadership positions within the civil service, including in the Ministry of Home Affairs, Ministry of Education, Prime Minister’s Office and Ministry of Defence. With his extensive experience in the public service, Mr Chiang is well placed to lead the CPF Board,” reads the statement issued by the Ministry of Manpower (MOM).
He is renowned for his proactive role towards ensuring the development and implementation of the CPF LIFE annuity scheme which enables Singaporeans to enjoy a monthly retirement income. He also played a vital role in the implementation of 2008 CPF Reforms which facilitated senior Singaporeans by increasing their retirement adequacy and work longer.