Hu Tsu Tau Richard 
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Dummipedia, the simplified free online encyclopedia
Hu Tsu Tau, Richard (born 1926, age 83) was a former Singaporean politician and Minister of Finance from 1985 to 2001. He is currently the Chairman of Capitaland, the largest real estate development company in Southeast Asia (by market capitalization), with its headquarters in Singapore.
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| Hu Tsu Tau Richard | |
| Minister for Finance
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| In office January 2, 1985 – 2001 | |
| President | Wee Kim Wee |
| Preceded by | Tony Tan Keng Yam |
| Succeeded by | Lee Hsien Loong |
Member of Parliament
for Kreta Ayer | |
| In office 1984 – 2001 | |
| Preceded by | Goh Keng Swee |
| Born | October 30, 1926 (aged 83) Singapore |
| Political party | People's Action Party (PAP) |
| Spouse | Irene Tan Dee Leng |
| Children | • Jeremy (son) • Geraldine (daughter) |
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2. 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.[1] He joined the Shell Group of Companies in 1960 and rose to the position of Chairman and Chief Executive of this global company in Singapore.[1] 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.
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3. Contesting under the People's Action Party (PAP) banner in the 1984 general election, Hu was elected to Parliament for the Kreta Ayer constituency,[1] a seat which he would hold until his retirement from politics in 2001. In January 1985, Hu became the Minister of Finance. According to one particularly persistent rumour since 1990, Hu, who was then the Minister for Finance, was insulted by Lee Hsien Loong, son of former Prime Minister Lee Kuan Yew and presently Prime Minister, during a pre-cabinet meeting. When S Dhanabalan, the then Minister for National Development, intervened and chastised Lee, he was said to have been slapped on the face across the table by Lee.[1] Prior to this meeting, Lee was said to have gone to Hu's office and removed a number of files without his permission.[1] In response to a demand from then Prime Minister Goh Chok Tong, Lee subsequently apologised to Hu, Dhanabalan, and Tony Tan Keng Yam who was also insulted in the incident. Hu had wanted to quit the Cabinet then but was persuaded to stay on. Goh, however, has denied that the incident actually happened.[1]
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4. Hu joined the Board of CapitaLand on April 13, 2004 and was elected Chairman the same day.[1] 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. more... at Wikipedia
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