Heng Swee Keat appointed Deputy Prime Minister in Cabinet reshuffle

SINGAPORE — Finance Minister Heng Swee Keat has been appointed as Deputy Prime Minister in the latest Cabinet reshuffle announced by Prime Minister Lee Hsien Loong on Tuesday .

Heng will remain as Minister for Finance, and continue to chair the Future Economy Council and National Research Foundation. He will also be appointed Acting Prime Minister in the PM’s absence. The current two DPMs, Teo Chee Hean and Tharman Shanmugaratnam, will relinquish their appointments. They will be appointed Senior Ministers and remain in Cabinet.

Teo will continue as Coordinating Minister for National Security, while Tharman will be re-designated as Coordinating Minister for Social Policies. He will continue to advise the PM on economic policies. Concurrently, he has also been appointed deputy chairman of GIC.In a post on his Facebook page, PM Lee wrote, “The next generation leadership is taking shape, and progressively taking over from me and my older colleagues.

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