SINGAPORE – Singapore’s business watchdog, the Accounting and Corporate Regulatory Authority (Acra) will soon have a new chief.
Mr Ong Khiaw Hong will take over as chief executive from Apr 1 this year, the Finance Ministry (MOF) said in a statement on Wednesday (Jan 25).
He will also assume the position of Chief Executive – Designate at Acra from Mar 1.
Mr Ong is currently Deputy Commissioner (Corporate and Services Group) at the Inland Revenue Authority of Singapore, and has previously also served in the Education and Defence Ministries.
A recipient of the Public Service Administration Medal (Gold), Mr Ong will succeed Mr Kenneth Yap, who has been Acra chief since Feb 1, 2013.
MOF said that during Mr Yap’s tenure at the helm, Acra had stepped up its efforts in providing a reliable and responsive regulatory environment for businesses.
The ministry also cited his efforts in raising Acra’s service quality bar through the revamp of its business registration portal BizFile+, as well as his efforts in reducing business compliance costs through various initiatives.
Mr Yap, who is a legal service officer, will return to the legal service to assume his next appointment.
seanyap@sph.com.sg
