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Panel Members

Professor Walter Woon

Professor Walter Woon

Chairman

Professor Woon, Senior Counsel, is the chairman of RHTLaw Asia, Lee Kong Chian Visiting Professor at the Singapore Management University and an Honorary Fellow of St John's College Cambridge. He is also a former David Marshall Professor at the Law Faculty of the National University of Singapore and former dean of the Singapore Institute of Legal Education. In addition, Professor Woon is chairman of the Society of International Law Singapore and an Honorary Fellow of the Singapore Institute of Directors and Patron of the Gunong Sayang Association.

Professor Woon has held many prominent appointments in the past, including Attorney-General (2008 to 2010), Solicitor-General (2006 to 2008), Ambassador (1997 to 2006), legal adviser to the President and Council of Presidential Advisers (1995 to 1997) and Nominated Member of Parliament (1992 to 1996).

Professor Woon's main areas of interest are company law, criminal law and international law. He has published many articles, and also written law books and novels.
Professor Woon was appointed a member of the MSCP in January 2016. During his years as a member of the MSCP, Professor Woon has contributed significantly to the panel by supporting and clarifying several legal matters related to the application of the Market Rules and the provisions established in other Singapore laws. Professor Woon has also supported the panel acting as Chairman of the MSCP when required. 

 

T P B Menon

T P B Menon

Member

Mr Menon is currently a consultant with Wee Swee Teow LLP. Mr Menon was admitted to the Bar on 26 January 1962. He practiced with Oehlers & Choa from 1962 to 1988, becoming a  Senior partner in 1980. Following the merger of Wee Swee Teow & Co. with Oehlers & Choa in 1989, Mr Menon took on the role of senior partner at Wee Swee Teow & Co., retiring in 2002 and then acting as a consultant to the firm. 

Mr Menon was president of the Law Society from 1980 to 1983 and president of the ASEAN Law Association from 1984 to 1986. He was a member of the Military Court of Appeal from 1980 to 1990 and president of the Strata Titles Boards from 1990 to 1993. He also served as deputy chairman of the Board of Legal Education from 1978 to 2001. Mr Menon was chairman of the Disciplinary Committee of the Law Society appointed by the Chief Justice from 1991 to 2004 and a member of the Advisory Editorial Board of Halsbury's Laws of Singapore. He has published several articles and delivered papers at international conferences. Mr Menon was awarded a Pingat Bakti Masyarakat - Public Service Medal in 1993. He was also conferred the prestigious C. C. Tan Award in 2004 presented by the Law Society to a member of the Society who exemplifies the ideals of honesty, fair play, and personal integrity.

Mr Menon has been a member of the MSCP since 2003, from the commencement of the NEMS, and became the Chairman of the panel in January 2016. Mr Menon's extensive legal knowledge and vast experience have enriched and nurtured the decision-making process of the MSCP, making sure that all determinations are fair, efficient, and aligned with the competitive operation of the NEMS, as well as safeguarding the financial integrity of the market.

 

 

Lee Keh Sai

Lee Keh Sai

Member

Er Lee Keh Sai is a registered professional electrical engineer (PEng) and a chartered engineer (CEng). He specialises in electrical power engineering, energy management and power quality solutions and is the Principal of K. S. Lee & Associates, which he established in 1970. Er Lee was the chairman of the Professional Interviewing Panel for the Professional Engineers Board. He has also served in many professional associations, government agencies, and technical educational institutions (e.g., deputy chairman of the Singapore Polytechnic Board of Governors and board member of the Institute of Technical Education). He is also an accredited arbitrator and a member of the Engineering Expert Panel of the Institution of Engineers, Singapore (IES). He has been serving as a member of the Strata Titles Board and as an engineering expert on the MSCP. 

Er Lee has regularly published technical papers in the IES Journal on topics such as energy efficiency and electrical protection systems and has been teaching Singapore Certified Energy Manager courses on “Motor Driven Systems” since 2010. He is also a certified trainer for the preparatory course for the registration examination of the Professional Engineer Board, Part II “Practice of Professional Engineering” in Electrical Engineering. 

Er Lee has been a member of the MSCP since its formation in 2003. Er Lee’s noteworthy expertise has added great value to the panel by bringing a technical expert angle from his more than 40 years of solid knowledge of power and energy systems, power plants operation, design, and optimisation. His invaluable expertise has provided a great understanding to the panel of complex technical matters and has supported the governing process and MSCP’s determinations.

Philip Chua

Philip Chua

Member

Mr Philip Chua is a consultant in the financial industry. Prior to this, he was the senior country executive of American Express Bank Singapore. As the bank's chief executive, he drove local integration of global strategic directions and was also responsible for the bank's governance. Concurrently, Mr Chua was the head of Global Financial Markets South East Asia, global product head of the Collateralized Trading Program, and regional treasurer for Asia, positions which he assumed progressively after joining the bank. He also served as a council member of the Association of Banks in Singapore and was a lecturer with the Institute of Banking & Finance. 

Mr Chua's vast experience in financial markets began with his banking career at Chase Manhattan Bank, where he was Second Vice President and Senior Dealer, Money Market, before joining American Express Bank. Mr Chua holds a Master of Business Administration from the Kelley School of Business at Indiana University, Bloomington, Indiana, US, and a Bachelor of Science in Business Administration, Summa Cum Laude, from the University of Oregon, Eugene, Oregon, US. 

Mr Chua has been a member of the MSCP since 2008. Mr Chua's financial trading and management experience across different instruments and markets have provided the MSCP with a broader perspective of the market dynamics, and market participants' behavior in response to market conditions, price movements, and market liquidity, ensuring that the MSCP's determinations are consistent with the financial stability of the market.

Professor Euston Quah

Professor Euston Quah

Member

Professor Euston Quah is Albert Winsemius Chair Professor and presently director of the Economic Growth Centre at the Nanyang Technological University (NTU) of Singapore. Professor Quah has been the longest-serving Head of Economics at NTU, serving for 15 years, and the only person to have been Head of Economics at both the National University of Singapore (NUS) and NTU. His academic career in NTU has included several senior administrative positions over the years, including chair of the School of Humanities and Social Sciences, vice-chair of the Sustainable Earth Office, chair of the Senate Committee on University Policies, and member of the University Teaching Council. Prior to joining NTU, Professor Quah was vice-dean of the Faculty of Arts and Social Sciences, deputy director of the Centre for Advanced Studies, deputy director of the Public Policy Program (now called the Lee Kuan Yew School of Public Policy), and head of the Department of Economics at the NUS. Professor Quah is also the president of the Economic Society of Singapore. He is a member of the Social Science Research Council of Singapore and a board member of the Competition and Consumer Commission of Singapore. 

In his continuing career as an economic advisor, Professor Quah has been an advisor to many government ministries and statutory boards in Singapore as well as to overseas organisations  including the Asian Development Bank and the World Bank. He is a member of the Panel for the Bill and Melinda Gates Foundation, for the Overseas Development Institute of London, and has served as a Board of Trustees member of the Institute of Southeast Asian Studies, the EMA, and the Energy Studies Institute at NUS. Professor Quah is also a prolific and well-cited writer who has published over 100 articles in academic journals and lead opinion pieces in the media. He is also the author of the bestselling "Principles of Economics" textbook with Gregory Mankiw, an Asian edition (into its third edition in 2020), and the "Cost-Benefit Analysis" book, which is well-known internationally (into its sixth edition in 2020). As a well-known environmental economist and cost-benefit analyst, Professor Quah's latest work and engagement were on the Economics of the 2015 Transboundary Haze Pollution and invited to be a Plenary Speaker at the US Society of Benefit-Cost Analysis 2022 Conference. 

Professor Quah has been a member of the MSCP since 2015. Professor Quah's experience undertaking costbenefit analysis, evaluating government policies, and his extensive knowledge of environmental economics, provide a framework based on economic principles for the analysis of electricity market drivers, market trends, and market player incentives and behaviour. Professor Quah has also been a solid contributor and supporter of the improvements applied to the econometric model for the Uniform Singapore Energy Price (USEP) outliers enclosed in the MSCP Annual Report.

Professor Euston Quah is presently Head of the Division of Economics, Vice-Chair of the Sustainable Earth Office and Immediate Past Chairman of the Senate Committee on University Policy Matters at the Nanyang Technological University (NTU), Singapore. He was formerly Chair of the School of Humanities and Social Sciences at NTU.

Prior to joining NTU, Professor Quah was Vice-Dean of the Faculty of Arts and Social Sciences and Deputy Director of the Public Policy Program (now the Lee Kuan Yew School of Public Policy) at the National University of Singapore (NUS). He also headed NUS' Economics department.

Professor Quah holds many other appointments. He is currently President of the Asian Law and Economics Association, President of the Economic Society of Singapore and Board member of the Energy Studies Institute at NUS. He was also a Board member of the Energy Market Authority previously.

A prolific writer, he has published over 100 articles and written several books on economics.

Dr Stanley Lai

Dr Stanley Lai

Member

Dr Stanley Lai, SC is the Head of the Firm’s Intellectual Property Practice, Co-Head of the Cybersecurity & Data Protection Practice and Partner of the Litigation and Disputes Department.

Stanley is the first Singapore-born lawyer to be conferred a PhD in Law from the University of Cambridge, United Kingdom. His PhD thesis was on the subject of software copyright protection. In addition to specialising in IP and IT disputes, Stanley is an experienced commercial litigator. Beyond the sphere of dispute resolution, Stanley also maintains a strong advisory practice for matters relating to IP, IT, licensing, cybersecurity, telecommunications, and data protection.

Stanley was appointed Senior Counsel in January 2010. He is currently the Chairman of the Intellectual Property Office of Singapore, a position he has held since 2013. He was awarded the Public Service Medal (Pingat Bakti Masyarakat) at the Singapore National Day Awards 2020 in recognition of his contribution at IPOS.