J. Y. Pillay Explained

J. Y. Pillay
Office:Chairman of Singapore Airlines
Term Start:1972
Term End:1996
Predecessor:Position established
Successor:Michael Fam Yue Onn
Office1:Managing Director of the Monetary Authority of Singapore
Term Start1:1985
Term End1:1989
Primeminister1:Lee Kuan Yew
Goh Chok Tong
Office2:Chairman of the Singapore Exchange
Term Start2:1999
Term End2:2010
Primeminister3:Goh Chok Tong
Lee Hsien Loong
Predecessor3:Position established
Office4:President of Singapore
Status4:Acting
Term Start4:1 September 2017
Term End4:13 September 2017
Embed:yes
Office4:Chairman of the Council of Presidential Advisers
President4:S. R. Nathan
Tony Tan
Halimah Yacob
Term Start4:September 2005
Term End4:2 January 2019
Predecessor4:Sim Kee Boon
Successor4:Eddie Teo
Term Start5:2011
Term End5:2014
Office6:Chancellor of Singapore Management University
Term Start6:1 September 2015
Term End6:1 August 2019
Predecessor6:Yong Pung How
Successor6:Lim Chee Onn
Birth Date:30 March 1934
Birth Place:Klang, British Malaya
Education:Imperial College London
Alma Mater:University of London (BEng)

Joseph Yuvaraj Pillay, also known as J. Y. Pillay (born 30 March 1934), is a Singaporean retired civil servant.

For 34 years, Pillay was one of Singapore's top-ranking civil servants. He is also one of the pioneers who helped build the Singapore economy after its independence in 1965, including the country's national airline Singapore Airlines, having served as its first chairman for 24 years from 1972 to 1996.

Pillay served as the country's acting president for 13 days from 1 to 13 September 2017 as an interregnum between Tony Tan and Halimah Yacob during the 2017 Singaporean presidential election. He had also served as the chairman of the Council of Presidential Advisers (CPA) between 2005 and 2019.

Early life and education

Pillay was born Klang, British Malaya in 1934. He is Tamil. He graduated from the University of London with a Bachelor of Engineering degree in 1956.[1]

Career

Singapore Airlines

His most significant contribution during his civil service was building Singapore Airlines (SIA) into a world-class carrier with a distinguished reputation.[2] He served as Chairman of Singapore Airlines from 1972 until 1996. In 1978, his bold and calculated move to purchase 19 Boeing aircraft, including multiple Boeing 747s, at the total cost of US$900 million for the airline, made headlines worldwide as "the sale of the century" as it was the largest purchase at the time by any airline in the world.[3] [4] He is one of the few Civil Service officers to reach Staff Grade III.[5]

Monetary Authority of Singapore

He was managing director of the Monetary Authority of Singapore (MAS) from 1985 to 1989.[3]

Singapore Exchange

In the 1990s, he headed the advisory panel that reviewed the merger of the Stock Exchange of Singapore (SES) and the Singapore International Monetary Exchange (SIMEX).[3] The resultant Singapore Stock Exchange (SGX) was established on 1 December 1999 and he was the first Chairman of the Singapore Exchange between 1999 and 2010.[6] [3]

Post-civil service

Pillay retired from civil service in March 1995 and subsequently served as the Singaporean High Commissioner to the United Kingdom and the Ambassador to Ireland until 1999.[3]

He was the Chairman of Tiger Airways Holdings[7] from 2011 until 2014. He was the Chairman of the Council of Presidential Advisers from 2005 until 2019.[8]

Pillay was the longest serving chairman of the Council of Presidential Advisors (CPA).[9] He stood down as Chairman of the CPA on 2 January 2019 which was handed over to Eddie Teo.[10]

Pillay took over from former Chief Justice of Singapore Yong Pung How as Chancellor of Singapore Management University (SMU) from 1 September 2015.[11] [12] Pillay was then succeeded by Mr Lim Chee Onn as the next Chancellor of SMU with effect from 1 August 2019.[13]

Pillay was the Acting President from 1 September 2017 when President Tony Tan's term expired on 31 August 2017, until the next president Halimah Yacob, was sworn into office on 14 September 2017.[14]

He is currently Rector of National University of Singapore (NUS) University Town's College of Alice and Peter Tan and adjunct professor at the Lee Kuan Yew School of Public Policy (LKYSPP).[15] [16]

Awards

In 2012, the National University of Singapore (NUS) set up two professorships in his honour, for his contributions.[17] [18]

For his public service, Pillay was awarded the Order of Nila Utama (First Class), one of Singapore's most prestigious National Day Awards on 9 August 2012.[19] [20]

In August 2019, Pillay was awarded the Order of Temasek (With Distinction), Singapore's highest civilian honour.[21] [22]

In the same year, he received the Special Lifetime Achievement Award at the 4th South Asian Diaspora Convention organised by the NUS Institute of South Asian Studies (ISAS).[23]

Notes and References

  1. Web site: J Y Pillay Profile . National University Singapore . 15 August 2012 . https://web.archive.org/web/20120905095815/http://www.spp.nus.edu.sg/Faculty_JY_Pillay.aspx . 5 September 2012 . dead .
  2. News: Lee. S.H.. Ex-SIA chiefs honoured as "legends'. The Straits Times. 10 April 1998.
  3. Web site: J. Y. Pillay. Arunasalam. Sitragandi. Singapore Infopedia. Singapore Government Agency. 5 April 2021.
  4. Web site: Low . Aaron . How J.Y. Pillay helped Lee Kuan Yew turn Singapore Airlines into a global giant . South China Morning Post . 18 June 2022 . en . 17 June 2022.
  5. News: Ibrahim. Zuraidah. J. Y. Pillay: Visionary with a clear focus. The Straits Times. 26 March 1995. 1.
  6. Web site: J Y Pillay to step down as SGX chairman at year-end. Channel NewsAsia. 14 September 2010. 2 December 2012. https://web.archive.org/web/20121202050647/http://www.channelnewsasia.com/stories/singaporebusinessnews/view/1079455/1/.html. dead.
  7. Web site: Tiger Airways: Appointed Mr. J Y Pillay As Non-Executive Chairman. ShareInvestor. 29 August 2012.
  8. Web site: Istana — Council of Presidential Advisers. Istana, Singapore. 14 August 2012. dead. https://web.archive.org/web/20120815135002/http://www.istana.gov.sg/content/istana/presidentsoffice/cpa.html. 15 August 2012.
  9. Web site: J Y Pillay heads list of National Day Award recipients. Goh. Melissa . 9 August 2019. CNA. 5 April 2021.
  10. Web site: J Y Pillay retires as Council of Presidential Advisors chairman, Eddie Teo to succeed. CNA. 17 December 2018. https://web.archive.org/web/20200518032919/https://www.channelnewsasia.com/news/singapore/j-y-pillay-retires-as-chairman-of-council-of-presidential-11038686. 18 May 2020. live.
  11. Web site: Former top-ranking civil servant appointed as Chancellor of SMU. . 3 September 2015. Singapore Management University (SMU). 5 April 2021.
  12. Web site: JY Pillay appointed SMU chancellor. Huiwen. Ng. September 3, 2015. The Straits Times. 5 April 2021.
  13. Web site: Great national honour for SMU Chancellor Mr Lim Chee Onn. . 6 August 2019. Singapore Management University (SMU). 5 April 2021.
  14. Web site: Pillay takes on role of acting president. September 2017 . The Straits Times. 8 September 2017.
  15. Web site: J Y Pillay Global-Asia Programme and Study Award. . Yale NUS College. 5 April 2021.
  16. Web site: Faculty. . NUS College of Alice and Peter Tan. National University of Singapore. 5 April 2021.
  17. Web site: NUS honours Prof J Y Pillay. 17 January 2012. National University of Singapore. https://web.archive.org/web/20181111021758/http://newshub.nus.edu.sg/headlines/0112/honours_17Jan12.php. 11 November 2018. dead. 5 September 2014.
  18. Web site: NUS honours J Y Pillay. Channel NewsAsia. 17 January 2012. https://web.archive.org/web/20120119212340/http://www.channelnewsasia.com/stories/singaporelocalnews/view/1177386/1/.html. 19 January 2012.
  19. Web site: J Y Pillay awarded highest public service honour. Channel NewsAsia. 14 August 2012. 10 August 2012. https://web.archive.org/web/20120810163706/http://www.channelnewsasia.com/stories/singaporelocalnews/view/1219034/1/.html. dead.
  20. Web site: Recipients. 2012. Prime Minister's Office Singapore.
  21. Web site: Top honours for J.Y. Pillay who built up SIA, led GIC, MAS. 9 August 2019. The Straits Times.
  22. Web site: Recipients. 2019. Prime Minister's Office Singapore.
  23. Web site: NGO founder, veteran civil servant J. Y. Pillay among South Asian diaspora lauded for their contributions to society. Min Zhang. Lim. November 15, 2019. The Straits Times. 5 April 2021.