Mark Lee joins Enterprise Singapore board as Teo Siong Seng departs

Mark Lee has been appointed a member of the Enterprise Singapore Board, effective 1 September 2026, with his term running until 31 March 2029. The appointment was made by the Minister for Trade and Industry in exercise of the powers conferred by section 10(1) of the Enterprise Singapore Board Act 2018, and was published in the Republic of Singapore Government Gazette on 2 September 2026.

In a separate notification in the same gazette, the board confirmed that the membership of Teo Siong Seng ceased on 24 June 2026. The two notices mark a leadership change at the statutory board that drives Singapore’s SME development and trade policy.

The appointment

The gazette notice No. 5111 records the appointment of Mark Lee as a member of the Enterprise Singapore Board, with the following details:

• Office: Member of the Enterprise Singapore Board
• Appointed person: Mark Lee
• Effective date: 1 September 2026
• End date: 31 March 2029

The appointment is made under section 10(1) of the Enterprise Singapore Board Act 2018, which empowers the Minister for Trade and Industry to constitute the board and appoint its members.

The cessation

Gazette notice No. 5110 records the cessation of Teo Siong Seng as a member of the Enterprise Singapore Board, effective 24 June 2026. The notice confirms that his appointment has ceased, without specifying a successor beyond the new appointment of Mark Lee.

Both notices carry the same administrative reference, MTI 33/1-1-1 PT VOL 0; AG/LEGIS/SL/93A/2025/1, and were first published on the Government Gazette website, www.egazette.gov.sg, on 2 September 2026 at 5 pm.

Why it matters

Enterprise Singapore is the agency responsible for championing enterprise development and growing Singapore as a hub for global trade and trade-related services. Its board brings together business leaders and public-sector figures to guide policy on SME support, internationalisation and trade facilitation.

The arrival of Mark Lee and the departure of Teo Siong Seng refresh the board’s leadership at a time when Singapore is deepening its trade networks and strengthening support for small and medium enterprises. For businesses that rely on Enterprise Singapore programmes, the change signals continuity in the agency’s mandate under a renewed board composition.

Source: Republic of Singapore Government Gazette, 2 September 2026, Notices under other Acts (official reference: MTI 33/1-1-1 PT VOL 0; AG/LEGIS/SL/93A/2025/1).