Read the complete write-up of Tan See Leng net worth, age, wife, children, height, family, parents, salary, politics, party as well as other information you need to know.
Introduction
Tan See Leng is a Singaporean politician who has been serving as Minister for Manpower since 2021 and Second Minister for Trade and Industry since 2020. A member of the governing People’s Action Party (PAP), he has been the Member of Parliament (MP) representing the Marine Parade ward of Marine Parade GRC since 2020.
Tan was a medical practitioner by profession before enter ing politics, and he started Healthway Medical Group and served in top positions in Parkway Holdings, Parkway Pantai, and IHH Healthcare. He made his political debut in the 2020 general election as part of a five-member PAP team that won with about 57% of the vote in Marine Parade GRC.
Early life
Name | Tan See Leng |
Net Worth | $10 million |
Occupation | Politician, Businessman |
Height | 1.68m |
Age | 57 years |
Tan See Leng was born on December 24, 1964 (age 57 years) in Singapore. An only child, he grew up with an SBS bus timekeeper father and a homemaker mother who took up as many odd jobs as possible to alleviate the family’s financial constraints. He had been fostered out to a Cantonese-speaking nanny to be cared for, staying at Sam Leong Road, next to Desker Road with her on weekdays. Only on weekends did he stay with his parents at a rented flat in Toa Payoh. This arrangement continued until he was five or six years old.
Tan attended Monk’s Hill Primary School and Monk’s Hill Secondary School before moving on to National Junior College, where he joined the choir as his Co-curricular activity.
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He then studied medicine at the National University of Singapore’s medical school and graduated in 1988 with a Bachelor of Medicine, Bachelor of Surgery (MBBS). Tan funded his university education by himself, with an annual school fee of S$3,000, by tutoring junior college students in various subjects (Mathematics, Biology, Physics, and Chemistry). With up to eight students at a time, he earned about S$800 to S$1,000+ a month.
In 1998, Tan See Leng obtained a Master of Medicine in family medicine from the National University of Singapore. In 2003, he was awarded the Fellow of College of Family Physicians by the College of Family Physicians Singapore. In 2004, he obtained a Master of Business Administration from the University of Chicago Booth School of Business. In 2014, he became a Fellow of the Academy of Medicine Singapore.
Career
In 1992, at the age of 27, Tan See Leng started Healthway Medical Group with a group of friends, through a bank loan of S$90,000 and an initial capital investment of S$5,000 from each of the initial stakeholders. As co-founder and chairman of the company, he grew the group to become the second-largest private primary care group in Singapore. In 2004, he successfully divested the group to British United Provident Association Healthcare.
Tan See Leng joined Parkway Holdings in 2004 as a chief operating officer of Mount Elizabeth Hospital and was eventually promoted to executive director of Pantai Holdings (a subsidiary of Parkway) and chief executive officer (CEO) of Pantai Hospitals Division and head of Malaysia operating division of Parkway until 2008.
Tan was the group chief executive officer and managing director of Parkway Holdings and Parkway Pantai Limited from 2010 to 2019. From 2014 to 2019, he was also the Chief Executive Officer and Managing Director of IHH Healthcare BHD. During his tenures, some of his contributions included delisting Parkway Holdings in 2010 and relisting IHH Healthcare in 2012 into one of the largest initial public offerings in the world 2012.
He contributed to the expanding and growing the group from 15 hospitals in 2009 to 84 hospitals as of the end of 2019, leading the mergers and acquisitions of Acibadem Healthcare (Turkey), Fortis Healthcare (India), and multiple hospitals across Asia. Under his leadership, IHH Healthcare Berhad has won multiple awards, including the Best Managed and Best Overall Corporate Governance Poll awards by Asiamoney in 2016. In 2019, he retired from the position of group chief executive officer and managing director of Parkway Holdings and Parkway Pantai Limited.
Tan See Leng has held numerous ministerial advisory and medical committee appointments. For instance, since 2009, he has been a member of the board of trustees of the College of Family Physicians Singapore (CFPS). He also served in various capacities with CFPS Holdings Pte Ltd, including as its chairman from 2008 to 2010 and vice president from 2011 to 2013. In November 2013, he was appointed by the Ministry of Health as a member of the MediShield Life review committee.
Moreover, Tan See Leng has maintained active involvement in academia through board memberships and appointments. From 2011 to 2019, he was an adjunct assistant professor at Duke-NUS Graduate Medical School Singapore, Office of Education. He has also sat on the Advisory Board of Lee Kong Chian School of Business at Singapore Management University.
Apart from the medical field, Tan See Leng has also contributed to the business scene. In 2012, Tan was appointed a council member of the Singapore-Guangdong Collaboration Council. The council aims to deepen Singapore’s engagement with China’s Guangdong province and benefit Singapore businesses through joint exploration of new opportunities in the region.
Politics
Tan See Leng contested in the 2020 general election as a member of the People’s Action Party team in Marine Parade Group Representation Constituency (GRC) and won the election. Since 10 July 2020, he has served as a member of parliament for Marine Parade GRC. He was subsequently appointed Second Minister for Trade and Industry and Minister for Manpower on 27 July 2020 and 15 May 2021 respectively.
In 2021, Tan together with Chee Hong Tat appeared in the first episode of the new season of A Conversation with the Minister 2021/2022.
Other works
Tan See Leng is a passionate supporter of improving healthcare provision through innovations and private-public collaboration, Tan has guest-lectured at many international symposiums, including the Harvard Business School’s series on healthcare entrepreneurship. He has also previously provided advisory inputs as an expert panel member for the Department of Health, National Health Service in the United Kingdom.
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Since Tan See Leng retired in 2019, he has been active in the community. He acts as patron of the WeCare Community Enabling Network in the Marine Parade and attends weekly Meet-the-People sessions at the Marine Parade constituency.
He also actively reaches out to the Marine Parade community to connect with and understand them better. For example, Tan has set up and is helming a Caregivers Support Network in Marine Parade. This network aims to serve as “a conduit” that can facilitate help for caregivers of the sick and elderly, against the backdrop of an older demographic in Marine Parade.
Recognitions
Tan See Leng was awarded the Long Service Award from the People’s Association Singapore in 2004. He was awarded the prestigious College of Family Physicians Singapore Albert and Mary Lim Award, the highest accolade awarded for contribution and services rendered to the college and to the discipline of Family Medicine in 2007. This was in appreciation of his contribution to CFPS, where he successfully organized the 18th Wonca World Conference in Singapore, which netted CFPS a net profit of more than US$1.3 million.
Wife
Tan See Leng is married and has three children. His wife is a private person who is not often seen in a social gathering with him. However, He was named Asia Innovator of the Year at the 14th CNBC Asia Business Leaders Awards (ABLA) in 2015. In 2016, He was Asiamoney’s Best Executive in Malaysia, Asiamoney’s best CEO in Investor Relations. He also won the ABLA Corporate Social Responsibility Award. In 2019, Singapore Medical Association Merit Award 2019
Tan See Leng net worth
How much is Tan See Leng worth? Tan See Leng net worth is estimated at around $10 million. His main source of income is from his career as a politician and businessman. Tan successful career has earned him some luxurious lifestyle and some fancy cars trips. His salary for 2022 ranges from $162,574 to $475,483, but with bonuses, benefits and various other compensation, he made significantly more than his salary in the year 2019. He is one of the richest and influential politicians in Singapore.