Richard Hu
Richard Hu | ||
---|---|---|
胡赐道 | ||
Singapore Parliament for Kreta Ayer SMC | ||
In office 22 December 1984 – 16 December 1996 | ||
Preceded by | Goh Keng Swee | |
Succeeded by | Himself (Kreta Ayer–Tanglin GRC – Kreta Ayer) | |
Personal details | ||
Born | Richard Hu Tsu Tau 30 October 1926 Hanyu Pinyin Hú Cìdào | |
Southern Min | ||
Hokkien POJ | Hô͘ Sù-tǎu |
Richard Hu Tsu Tau (
Kreta Ayer–Tanglin GRC between 1997 and 2001. Hu was Singapore's longest-serving finance minister and gave a record number of 16 Budget speeches. He served as chairman of the Monetary Authority of Singapore
between 1985 and 1997.
Early life and education
Hu was born in Singapore to Hu Tsai Kuen , a physician,[1] and Margaret Kwan Fu Shing. Through his father, he was related to the Singaporean American author Kevin Kwan.[2]
He was educated at the
Career
Hu joined the
Government of Singapore Investment Corporation (GIC), where he served until 1984 concurrently.[5] He was chairman of the Monetary Authority of Singapore from 1985 to 1997.[6]
Hu made his political debut in the
Minister for Health in 1985, where he served until 1987. He was also Minister for Finance from 1985 to 2001.[8][9] He had also briefly served as Minister for National Development from 1992 to 1993.[1]
As Minister for Finance, Hu was known for his signature on the 'Ship' series of legal tender notes issued after his appointment.Post Office Savings Bank (POSB) and the sale of POSB to the Development Bank of Singapore (DBS) in 1998.[11]
On 13 April 2004, Hu was appointed
Government of Singapore Investment Corporation (GIC)[14] and Buildfolio.Com.Inc. Hu served as the chancellor of the Singapore Management University from July 2002 to August 2010.[15] Hu retired from GIC in 2012.[16] In 2013, he was appointed senior advisor of the Fraser and Neave board.[17]
Personal life
Hu was married to Irene Tan Dee Leng,[18] with whom he had two children.[19] He was of Hakka Chinese ancestry.
Hu died on 8 September 2023, at age 96.[20]
References
- ^ a b Tay, Hwee Peng; Chew, Hui Min (4 March 2016). "Heng Swee Keat to present Budget 2016: Who were the finance ministers before him? | The Straits Times". www.straitstimes.com. Retrieved 8 December 2022.
- ^ Ho, Olivia (14 May 2017). "'I'm no crazy rich Asian', says author Kevin Kwan". The Straits Times. Retrieved 24 May 2020.
- ^ "Heng Swee Keat to present Budget 2016: Who were the finance ministers before him?". Straitstimes.com. 4 March 2016. Retrieved 26 September 2017.
- ^ "Management Team | Barghest Building Performance". Archived from the original on 26 April 2014. Retrieved 5 December 2015.
- ^ ISSN 0585-3923. Retrieved 10 September 2023.
- ^ "Official Reports". Parliament of Singapore. Archived from the original on 4 March 2016. Retrieved 5 December 2015.
- ^ Tesoro, Jose Manuel. "SINGAPORE Keeping Up the Pace". Asiaweek. Retrieved 5 December 2015.
- ^ "Finance Minister Bios". Mof.gov. Retrieved 18 July 2022.
- ^ "Note Facts". The Singapore Mint. Archived from the original on 8 December 2015. Retrieved 5 December 2015.
- ^ "National Archives of Singapore". Nas.gov.sg. Retrieved 5 December 2015.
- ^ "CapitaLand chairman Richard Hu to step down". Btinvest.com.sg. Retrieved 10 June 2015.
- ^ "Richard Hu Tsu Tau Ph.D." Bloomberg News. Retrieved 5 December 2015.
- ^ Lee, Meixian. "Richard Hu to retire from GIC board". Forums.condosingapore.com. Retrieved 5 December 2015.
- ^ "31 August 2010". Smu.edu.sg. Archived from the original on 6 September 2010. Retrieved 20 November 2012.
- ^ Lee, Meixian (2 November 2012). "Richard Hu to retire from GIC board". The Straits Times. p. 22.
- ^ "F&N: Appoints Dr. Richard Hu As Senior Adviser To The Board". Singapore Press Holdings Ltd. Business Times. 3 April 2013. Retrieved 5 December 2015.
- )
- ^ Migration (13 January 1985). "From the archives: Money man with a soft touch | The Straits Times". www.straitstimes.com. Retrieved 8 December 2022.
- ^ Tan, Felicia. "Former finance minister Richard Hu dies at 96". Retrieved 8 September 2023.