Singapore makes its debut for the top role at global money-laundering watchdog Financial Action Task Force, with the appointment of a public servant from the city-state.
T. Raja Kumar has been appointed president of the FATF, according to a statement, effective July 1.
Raja will take on a fixed two-year term and succeed Marcus Pleyer, deputy director-general in Germany’s federal ministry of finance.
First Singaporean
Raja will become the first Singaporean appointed to the top role at FATF.
He is currently a senior advisor at the ministry of home affairs in Singapore and he has served as co-chairman of the National Interagency Committee on Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT) since January 2015 and member of the steering group that provides to the FATF president since July 2018.
«Congratulations to Raja for being the first Singaporean to lead the FATF,» said minister for home affairs K Shanmugam. «Raja’s capabilities, international experience, and work as a senior public sector leader, operating in a multi-ethnic and multi-cultural environment across a range of disciplines, will come in useful to lead an international organization such as the FATF.»
