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For immediate release: August 18, 2009

Singapore Monetary Authority Director Joins Dallas Fed’s Globalization Institute Advisory Board

DALLAS—Heng Swee Keat, managing director of the Monetary Authority of Singapore, has joined the Advisory Board for the Globalization and Monetary Policy Institute at the Federal Reserve Bank of Dallas.

The Dallas Fed’s Globalization and Monetary Policy Institute was created in 2007.  Mark A. Wynne is director of the Institute.  Chairman of the Advisory Board is John B. Taylor, the Mary and Robert Raymond Professor of Economics at Stanford University and former undersecretary of the Treasury under President George W. Bush.

Other members of the Advisory Board include Charles R. Bean, deputy governor, Bank of England; Martin Feldstein, George F. Baker Professor of Economics, Harvard University; Glenn R. Hubbard, dean, Columbia Business School; Otmar Issing, president, Center for Financial Studies; Finn Kydland, Jeff Henley Professor of Economics, University of California, Santa Barbara; Guillermo Ortiz, governor of the Banco de México; Kenneth S. Rogoff, Thomas D. Cabot Professor of Public Policy, Harvard University; Masaaki Shirakawa, governor of the Bank of Japan; and William White, former economic adviser at the Bank for International Settlements.

Heng has served as managing director of the Monetary Authority of Singapore since 2005.  Previously, he was permanent secretary of the Ministry of Trade and Industry.  He also has served as CEO of the Trade Development Board and deputy secretary of the Ministry of Trade and Industry.

He received a master’s degree in economics from Cambridge University and master of public administration degree from Harvard University.

Media contact:
James Hoard
Phone: (214) 922-5307