{"id":14660,"date":"2025-11-26T15:49:36","date_gmt":"2025-11-26T07:49:36","guid":{"rendered":"https:\/\/sgbuzz.com\/?p=14660"},"modified":"2025-11-26T15:49:36","modified_gmt":"2025-11-26T07:49:36","slug":"president-tharman-to-receive-mit-award-for-his-leadership-in-international-financial-policy","status":"publish","type":"post","link":"https:\/\/sgbuzz.com\/?p=14660","title":{"rendered":"President Tharman to receive MIT award for his leadership in international financial policy"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">SINGAPORE &#8211; President Tharman Shanmugaratnam will be receiving an award from an American research centre in recognition of his leadership in international financial policy.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">The Massachusetts Institute of Technology (MIT) Golub Center for Finance and Policy is awarding Mr Tharman the Miriam Pozen Prize, the MIT Sloan Office of Communications said on Nov 25. He will be the third recipient of the biennial prize.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">Mr Tharman will deliver the Miriam Pozen Lecture at an award ceremony on Dec 9 at the MIT Sloan School of Management. <\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">He will receive a $200,000 prize, and a fellowship named in his honour will also be awarded to an incoming MIT Sloan Master of Business Administration student, to be selected in 2026. The President\u2019s Office said Mr Tharman will be donating the prize money to charity.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">Mr Tharman\u2019s work in this area has spanned decades. Over more than 20 years in politics, his roles included Senior Minister, Coordinating Minister for Social and Economic Policies, Deputy Prime Minister as well as Finance and Education Minister.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">He chaired the Monetary Authority of Singapore from 2011 to 2023, and was its managing director before entering politics in 2001.<!-- --> <\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">On the international stage, <a href=\"https:\/\/www.straitstimes.com\/politics\/tharman-shanmugaratnam-named-chairman-of-g30-a-group-of-leading-global-economists?ref=inline-article\" rel=\"nofollow noopener\" class=\"gap-x-04 items-center inline text-primary-60 select-auto\" aria-label=\"link\" target=\"_blank\" data-testid=\"custom-link\"><\/p>\n<p class=\"font-body-baseline-regular inline\" data-testid=\"paragraph-test-id\">he currently chairs the board of trustees of the Group of Thirty<\/p>\n<p><\/a>, an independent global council of leading economic and financial policymakers, and is a member of the board of trustees of the World Economic Forum. <\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">His past roles include leading the International Monetary and Financial Committee and chairing the G-20 Eminent Persons Group on Global Financial Governance.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">The Miriam Pozen Prize is awarded in honour of the late mother of Mr Robert C. Pozen, a<!-- --> <!-- -->senior lecturer at MIT Sloan, the former president of Fidelity Investments and executive chairman of MFS Investment Management, who endowed the award. <\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">The MIT<!-- --> Sloan Office of Communications said the prize supports the MIT Golub Center for Finance and Policy\u2019s mission. The centre promotes innovative, cross-disciplinary and non-partisan research and education that tackle the challenges governments face as financial institutions and regulators of the financial system.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">Past recipients of the award<!-- --> are the former head of the Bank of Israel and vice-chair of the US Federal Reserve Stanley Fischer, in 2021; and former Italian Prime Minister and president of the European Central Bank<!-- --> <!-- -->Mario Draghi, in 2023.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">Mr Tharman said he was privileged to receive the prize. <\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">\u201cI hope it helps advance ideas for the principled stewardship of public finances, and renewed construction of a cooperative international order \u2013 both critical to addressing the most pressing issues of our times,\u201d he added.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">MIT President Sally Kornbluth said the university is delighted to welcome Mr Tharman to its campus to accept the honour and share his wisdom with its students.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">She added: \u201cMIT has a long history of fruitful collaboration with Singapore and a deep appreciation of President Tharman \u2013 his leadership in research and education, his dedication to public service and his insightful, compassionate approach to global policy challenges.\u201d<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">Mr Pozen said he was pleased that the judges had selected Mr Tharman as this year\u2019s honouree.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">He said: \u201c(Mr Tharman) combines the deep insights of a well-trained economist with the willingness to apply his ideas to policymaking, and he is a model for the application of financial science to practice that the Miriam Pozen Prize is intended to encourage.\u201d<\/p>\n<\/div>\n<div data-testid=\"tags-test-id\">\n<p><button data-testid=\"button-test-id\" class=\"layer-one border-default border interactive-button text-primary disabled:layer-disabled hover:disabled:layer-disabled default\" aria-label=\"button for Tharman Shanmugaratnam\"><span class=\"font-button-md-semibold\">Tharman Shanmugaratnam<\/span><\/button><button data-testid=\"button-test-id\" class=\"layer-one border-default border interactive-button text-primary disabled:layer-disabled hover:disabled:layer-disabled default\" aria-label=\"button for Awards and prizes\"><span class=\"font-button-md-semibold\">Awards and prizes<\/span><\/button><\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.straitstimes.com\/singapore\/president-tharman-to-receive-mit-award-for-his-leadership-in-international-financial-policy\" target=\"_blank\" rel=\"noopener\">Read Full Article At Source <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SINGAPORE &#8211; President Tharman Shanmugaratnam will be receiving an award from an American research centre in recognition of his leadership in international financial policy. The&#8230;<\/p>\n","protected":false},"author":1,"featured_media":1864,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[2611],"tags":[],"class_list":["post-14660","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-buzz-headlines","wpcat-2611-id"],"_links":{"self":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts\/14660","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14660"}],"version-history":[{"count":0,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts\/14660\/revisions"}],"wp:attachment":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14660"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14660"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14660"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}