Mr Heng's previous positions include Treasurer, Citibank NA,Singapore and Hong Kong; Adviser & Head, Banking Supervision, Monetary Authority of Singapore; EVP, Overseas Union Bank Ltd including secondments as Executive Director, International Bank of Singapore Ltd and President, Asia Commercial Bank Ltd; Managing Director, First Capital Corporation Ltd; Executive Director, Far East Organization and Group Managing Director, Lim Kah Ngam Ltd. He is Member of Singapore Parliament for 4 terms from 1985 to 2001. He is Member of Risk Committee.