Mr. Heng is the Managing Director of the Monetary Authority of Singapore。
Prior to this, Mr. Heng was the Permanent Secretary of the Ministry of Trade and Industry. Before assuming this appointment, Mr. Heng was the Chief Executive Officer (CEO) of the Trade Development Board (TDB) and the Deputy Secretary (Trade) at the Ministry of Trade and Industry (MTI)。
Between 1997 and 2000, Mr. Heng served in the Prime Minister's Office as the Principal Private Secretary to then Senior Minister Lee Kuan Yew. Mr Heng has also served in the Ministry of Education as the Director of Higher Education and in the Singapore Police Force。
In 2001, Mr. Heng was awarded the Gold Medal in Public Administration for his consistent and outstanding contribution to the public service in Singapore。
Mr. Heng graduated with an MA in Economics from Cambridge University, United Kingdom. He also holds a Master of Public Administration from the Kennedy School of Government, Harvard University。