Leong Mun Wai
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Leong Mun Wai (; born 1959) is a Singaporean politician and business executive. A member of the opposition
Progress Singapore Party The Progress Singapore Party (abbreviation: PSP) is a centre-left political party in Singapore and is one of the three contemporary political parties represented in Parliament, alongside the governing People's Action Party (PAP) and opposition ...
(PSP), he has been a
Non-Constituency Member of Parliament A Non-constituency Member of Parliament (NCMP) is a member of an opposition political party in Singapore who, according to the Constitution and Parliamentary Elections Act, is declared to have been elected a Member of Parliament (MP) without c ...
of the
14th Parliament of Singapore The 14th Parliament of Singapore is the current Parliament of Singapore. It opened on 24 August 2020. The membership was set by the 2020 Singaporean general election, 2020 Singapore General Election on 10 July 2020. The 14th Parliament is contr ...
since 2020.


Education

Leong was educated at
Raffles Institution Raffles Institution (RI) is an independent educational institution in Singapore. Founded in 1823, it is the oldest school in the country. It provides secondary education for boys only from Year 1 to Year 4, and pre-university education for both ...
in the 1970s. He was awarded an Overseas Merit Scholarship by the Singapore Government in 1979 to study economics at
Hitotsubashi University is a national university located in Tokyo, Japan. It has campuses in Kunitachi, Kodaira, and Chiyoda. One of the top 9 Designated National University in Japan, Hitotsubashi is a relatively small institution specialized solely in social science ...
in Japan. Leong furthered his education and obtained a
Master of Science A Master of Science ( la, Magisterii Scientiae; abbreviated MS, M.S., MSc, M.Sc., SM, S.M., ScM or Sc.M.) is a master's degree in the field of science awarded by universities in many countries or a person holding such a degree. In contrast t ...
degree in
management Management (or managing) is the administration of an organization, whether it is a business, a nonprofit organization, or a Government agency, government body. It is the art and science of managing resources of the business. Management includ ...
from
London Business School London Business School (LBS) is a business school and a constituent college of the federal University of London. LBS was founded in 1964 and awards post-graduate degrees (Master's degrees in management and finance, MBA and PhD). Its motto is " ...
in 1992.


Career

Leong began his career in 1986 with the
Government of Singapore Investment Corporation GIC Private Limited is a sovereign wealth fund in Singapore that manages its foreign reserves. Established by the Government of Singapore in 1981 as the Government of Singapore Investment Corporation, its mission is to preserve and enhance the ...
and subsequently worked with global investment banks in Tokyo, London and Hong Kong, assisting more than 100 companies in their IPOs and fund raising. He returned to Singapore in 1997 to assume an appointment as Managing Director of OCBC Securities, a wholly owned subsidiary of
OCBC Bank Oversea-Chinese Banking Corporation, Limited (), often known as OCBC Bank (), is a Singaporean multinational banking and financial services corporation headquartered in OCBC Centre, Singapore. OCBC Bank was born out of the Great Depression thr ...
, and one of the leading securities and futures brokerage firms in Singapore. He is currently the Chief Executive Officer of his own private equity firm, Timbre Capital.


Political career

Leong was appointed as assistant secretary-general of the Progress Singapore Party on 17 January 2020. In the
2020 Singaporean general election General elections were held in Singapore on Friday, 10 July 2020 to elect 93 members to the Parliament of Singapore across 31 constituencies. Parliament was dissolved and the general election called by President Halimah Yacob on 23 June, on t ...
, Leong contested in the West Coast Group Representation Constituency as part of a five-member PSP team. The team narrowly lost to the
People's Action Party The People's Action Party (abbreviation: PAP) is a major conservative centre-right political party in Singapore and is one of the three contemporary political parties represented in Parliament, alongside the opposition Workers' Party (WP) and ...
with 48.31% of the vote. However, as the Parliament of Singapore requires a total of 12 opposition members, and with Workers' Party having won 10 seats, as the best performing defeated team, 2
Non-constituency Member of Parliament A Non-constituency Member of Parliament (NCMP) is a member of an opposition political party in Singapore who, according to the Constitution and Parliamentary Elections Act, is declared to have been elected a Member of Parliament (MP) without c ...
(NCMP) seats could be offered to Leong's team. PSP announced that they had chosen Leong and
Hazel Poa Hazel Poa Koon Koon (; born 27 August 1970) is a Singaporean politician and businesswoman. A member of the opposition Progress Singapore Party (PSP), she has been a Non-Constituency Member of the 14th Parliament of Singapore since 2020. Poa wa ...
for the NCMP seats after deliberations. The Returning Officer of the general election, Tan Meng Dui, declared them to be NCMPs with effect from 16 July 2020. Four days later, he stepped down as assistant secretary-general of PSP to focus on his NCMP duties, with the position handed over to Francis Yuen.


References


External links


Leong Mun Wai
on Parliament of Singapore * * {{DEFAULTSORT:Leong, Mun Wai Progress Singapore Party politicians Singaporean politicians of Chinese descent Hitotsubashi University alumni Alumni of London Business School Living people 1959 births Singaporean Non-constituency Members of Parliament Raffles Institution alumni