Richard Hu Tsu Tau (Chinese: 胡赐道; pinyin: Hú Cìdào, born October 30, 1926) is a former Singaporean politician. He served as Minister of Finance from 1985–2001 and is affiliated to the People's Action Party. He is currently the Chairman of the Singaporean property development company Capitaland, the largest real estate development company in Southeast Asia (by market capitalization), with its headquarters in Singapore.[1]
Hu is married to Irene Tan Dee Leng, and has one son (Jeremy) and one daughter (Geraldine). He is a Hakka Chinese.
Born in Singapore, Hu obtained his Bachelor of Science degree in Chemistry from the University of California in the United States and subsequently pursued a postgraduate diploma and a doctorate degree in Chemical Engineering, both from the University of Birmingham in the United Kingdom.
He joined the Royal Dutch Shell Group of Companies in 1960 and rose to the position of Chairman and Chief Executive of this global company in Singapore. In 1983, Hu became the Managing Director of the Monetary Authority of Singapore (MAS) and the Government of Singapore Investment Corporation (GIC), holding both posts concurrently until 1984.
Hu joined the Board of CapitaLand on April 13, 2004 and was elected Chairman the same day. He is presently the Chairman of GIC Real Estate Pte Ltd and Asia Financial Holdings Pte Ltd, as well as a member of the Board of the Government of Singapore Investment Corporation (GIC) and a Director of Buildfolio.Com.Inc
Hu also served as the Chancellor of the Singapore Management University from July 2002 to August 2010.[2]
| Preceded by Tony Tan |
Minister for Finance 1985-2001 |
Succeeded by Lee Hsien Loong |