Lawrence Wong

Deputy Prime Minister and Minister for Finance, Singapore Government

 

Singapore’s deputy prime minister is set to take over for incumbent Lee Hsien Loong

Lawrence Wong is Singapore’s Deputy Prime Minister of Singapore and Minister for Finance. Wong is poised to take on the role of Prime Minister and lead the ruling party in November 2024, and before the next general elections.

Wong's leadership was instrumental to Singapore's pandemic fight, as he was one of the co-chairs of the country’s Covid-19 multi‑ministry task force. Along with minister for trade and industry Gan Kim Yong and minister for health Ong Ye Kung, Wong decided on national health-safety measures and communicated information to the public via televised press conferences and online videos. One such initiative involved Wong and Ong appearing in a Facebook video to address queries about topics such as booster shots and vaccination-differentiation measures.

Wong, who earned a Master’s degree in Public Administration from Harvard Kennedy School, oversees the country’s fiscal policies and the structure of its economy in his present role. He has previously held appointments at the ministries of Defence, Communications and Information, National Development, and Education, among others. Before entering politics in 2011, he worked as a civil servant, occupying roles such as CEO of the Energy Market Authority.

Wong is also chairman of the Monetary Authority of Singapore (MAS), the Singapore Economic Development Board’s International Advisory Council, and GIC’s Investment Strategies Committee. As part of his contributions to the labour movement, he is advisor to the Union of Power and Gas Employees, and the Building Construction and Timber Industries Employees’ Union. he is also member of the National Research Foundation Board, the Future Economy Council, and the Research, Innovation and Enterprise Council, among others.

Did You Know?


Singapore’s Ministry of Finance was established in June 1959 and initially comprised two divisions: the economic development and the treasury (finance) arms.