Singlife recruits former MAS director for board oversight

The veteran leader previously managed foreign bank supervision.

Singapore Life Holdings Pte. Ltd. and Singapore Life Ltd. have appointed Leo Mun Wai as an Independent Non-Executive Director to their boards.

Wai will also serve as a member of the Risk and Audit Committees. Wai also has more than three decades of experience in the financial sector, and a decade of board-level leadership.

Prior to stepping into corporate roles, Wai held senior positions at the Monetary Authority of Singapore (MAS) and retired as Assistant Managing Director, responsible for the regulation and supervision of Singapore’s capital markets. 

He was also the Executive Director of Banking Supervision, overseeing foreign banks operating in Singapore. 

He also served on the boards of Great Eastern Life Assurance Singapore Ltd and Great Eastern General Insurance Ltd.