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Banking veteran Hsieh Fu Hua has taken over as chairman of the National Wages Council (NWC), the Ministry of Manpower (MOM) announced on Wednesday (Aug 19).He takes over from Peter Seah, who chairs the boards of DBS Group Holdings and Singapore Airlines, afteHsieh Fu Hua takes over as National Wage Council chair after Peter Seah steps down for 'personal reasons'
Banking veteran Hsieh Fu Hua has taken over as chairman of the National Wages Council (NWC), the Ministry of Manpower (MOM) announced on Wednesday (Aug 19).He takes over from Peter Seah, who chairs the boards of DBS Group Holdings and Singapore Airlines, after the career banker asked to relinquish his appointment for «personal reasons». «After deliberation, MOM has decided to accede to the request,» the ministry said in its statement.Hsieh was appointed deputy chairman of the NWC for the 2026/27 session. He has extensive experience across the business, social and public sectors, and is currently serving as chairman of the National University of Singapore Board of Trustees and Director on the GIC Board.On Aug 11, CapitaLand Investments announced in a Singapore Exchange (SGX) filing that Hsieh has been appointed as its board's deputy chairman.The 75-year-old was formerly the chief executive of SGX, and was president of both the National Council of Social Service and Temasek Holdings. Read more











