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Tony Chew steps down as Singapore Business Federation Chairman

Tony Chew has stepped down as Chairman of the Singapore Business Federation (SBF) after six years in charge. He will be succeeded by Mr Teo Siong Seng for a two-year term ending in 2016.

SINGAPORE: Tony Chew has stepped down as Chairman of the Singapore Business Federation (SBF) after six years in charge. It was announced at the SBF's 12th Annual General meeting on Friday (June 27) that he will be succeeded by Mr Teo Siong Seng for a two-year term ending in 2016.

Minister for Trade and Industry Lim Hng Kiang paid tribute to Mr Chew's chairmanship, noting that he had steered SBF to advocate for pro-business policies that have enhanced Singapore's business environment and strengthened the competitiveness of local
businesses.

"This has been particularly important during this period as we press on with economic transition towards higher productivity," he said in a statement released by his ministry.

Mr Lim congratulated Mr Teo on his new appointment, saying he is "well-respected" in the business community.

"With his extensive industry experience and contributions at the helm of the Chinese Chamber, I am confident that he will lead SBF to new heights," he said.
 

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