Singapore’s Ministry of Manpower (MOM) has appointed Hsieh Fu Hua as the new chairman of the National Wages Council (NWC), following Peter Seah’s decision to step down from the role for personal reasons.
The change comes as the NWC convenes on August 19, 2026, for its 2026/27 session. Hsieh, who was previously appointed deputy chairman of the council for the session, will take over as chairman.
MOM said Seah had requested to relinquish his appointment and that the ministry had agreed to his request.
Seah has served as NWC chairman since 2015, overseeing the tripartite body through several significant periods for Singapore’s economy, including the COVID-19 pandemic. The government expressed its appreciation for his “many years of dedicated service”, highlighting his role in maintaining tripartite consensus around wage policies during his tenure.
The NWC brings together representatives from the government, employers and unions to deliberate on wage-related issues and formulate guidelines that support sustainable wage growth and economic development.
Hsieh brings experience across Singapore’s business, social and public sectors to the position. He currently chairs the National University of Singapore Board of Trustees and serves as a director on the GIC Board.
He has previously served as president of the National Council of Social Service, chief executive officer of Singapore Exchange and president of Temasek Holdings.
MOM said Hsieh’s experience in bringing together diverse stakeholders and building consensus would be valuable as the NWC begins its upcoming tripartite discussions on wage issues.
The leadership change comes at a time when wage growth, workforce competitiveness and the cost of living remain important considerations for Singapore’s employers and workers. The NWC’s recommendations are expected to play a key role in shaping the country’s approach to sustainable wage growth during the 2026/27 cycle.