Mr. Heng co-chaired the Committee on the Future Economy (CFE), which charted the strategies for Singapore's next phase of growth. He chairs the tripartite Future Economy Council, which oversees the implementation of national strategies in areas such as skills and capabilities development, innovation and productivity, and industry transformation. He is also the Chairman of the National Research Foundation, which sets the direction for Singapore's research, innovation and enterprise strategies. Before this, Mr. Heng served as Minister for Education from 2011 to 2015. He drove programs for a student-centric, values-driven education system, emphasizing the holistic development of students and multiple educational pathways. While at MOE, Mr. Heng also led Our Singapore Conversation, a national consultation exercise that reached out to close to 50,000 Singaporeans on their aspirations for Singapore's future. Prior to entering politics in May 2011, Mr. Heng was the Managing Director of the Monetary Authority of Singapore (MAS), where he received the "Central Bank Governor of the Year in Asia-Pacific" Award by the British magazine The Banker. Mr. Heng has an MA in Economics from Cambridge University. He also holds a Masters in Public Administration from the Kennedy School of Government, Harvard University.