Richard Hu

Who is Richard Hu?

Richard Hu Tsu Tau is a former Singaporean politician. A member of the People's Action Party, he served as the Minister of Finance for 16 years from 1985 to 2001 . He is currently the Chairman of the Singaporean property development company Capitaland, the largest real estate development company in Southeast Asia, with its headquarters 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.

He joined the Royal Dutch Shell Group of Companies in 1960 and rose to the position of Chairman and Chief Executive of this global company in Singapore. In 1983, Hu became the Managing Director of the Monetary Authority of Singapore and the Government of Singapore Investment Corporation, holding both posts concurrently until 1984.

Hu contested in the Kreta Ayer Single Member Constituency in 1984 General Elections and won the election.