Director, GIC Board
Member, GIC Investment Strategies Committee

Heng Swee Keat is Chairman of National Research Foundation. He is a member of the GIC Investment Strategies Committee. He served as Deputy Prime Minister from 2019 to 2025, Minister for Education from 2011 to 2015 and Minister for Finance from 2015 to 2021. Before entering politics in 2011, he was Managing Director of the Monetary Authority of Singapore. He also served as Permanent Secretary of the Ministry of Trade and Industry, as well as Chief Executive Officer of the then-Trade Development Board. Between 1997 and 2000, he was Principal Private Secretary to then-Senior Minister Lee Kuan Yew.

Mr Heng holds a Master of Arts in Economics from Cambridge University and a Master’s in Public Administration from Harvard Kennedy School.