Kenneth Jeyaretnam Explained

Kenneth Jeyaretnam
Office:2nd Secretary-General of the Reform Party
1Blankname:Chairman
1Namedata:Andy Zhu
(2012–2020)
Charles Yeo
(2020–2022)
Yasmine Valentina
(2022–present)
Term Start:10 April 2009
Predecessor:J. B. Jeyaretnam
Birth Name:Kenneth Andrew Jeyaretnam
Birth Place:Colony of Singapore
Party:Reform Party
(2009–present)
Alma Mater:Queens' College, Cambridge
Amsterdam Institute of Finance
Children:Jared Jeyaretnam (son)
Mother:Margaret Cynthia Walker
Father:J. B. Jeyaretnam
Relatives:Philip Jeyaretnam (brother)

Kenneth Andrew Jeyaretnam (born 1959) is a Singaporean politician and hedge fund manager who has been appointed as the secretary-general of the opposition Reform Party since 2009.

He is the elder son of J. B. Jeyaretnam, a prominent opposition politician in Singapore who founded the Reform Party in 2008.[1]

Jeyaretnam received a double first in economics from Cambridge, and started his career in the financial sector. He worked at Wardley, Continental Bank, Banque Indosuez and Nomura International before becoming a hedge fund manager.[2]

He took up a more active role in politics after his father's death in 2008 and started leading the Reform Party. Since then, he has contested in the 2011 general election, 2013 by-elections, 2015 and 2020 general election, but lost all of them.[3] [4] [5] [6]

Background

Jeyaretnam's parents, Joshua Benjamin Jeyaretnam and Margaret Cynthia Walker, were both lawyers by profession.[7] His father was a prominent opposition politician in Singapore and the first elected opposition Member of Parliament since Singapore gained independence in 1965.[8]

Jeyaretnam was educated at St. Andrew's School and the United World College of South East Asia in Singapore before he attended Charterhouse School in England from 1975 to 1977. Between 1977 and 1980, he returned to Singapore for National Service, and then went on to read economics at Queens' College, University of Cambridge, from which he graduated with double first class honours in 1983. He also studied at the Amsterdam Institute of Finance.[9]

After graduating from Cambridge in 1983, Jeyaretnam applied to work at the Monetary Authority of Singapore and other financial institutions and banks, but his applications were turned down. Nevertheless, he managed to start a career in the financial sector as an assistant manager in the Lending Department of Wardley, the merchant banking arm of HSBC. He worked at Continental Bank, Banque Indosuez and Nomura International before he became a hedge fund manager focusing on event-driven investing. From 2004 to 2008, he established and managed his own funds. When he was working in London, he was a committee member of the Singapore UK Association.

Political career

Following his father's death in September 2008,[10] Jeyaretnam took up a more active role in politics. In April 2009, he became the secretary-general of the opposition Reform Party, founded by his father in 2008 months before his death.[11] [12]

2011 general election

Jeyaretnam first stood for elections in the 2011 general election when he led a five-member Reform Party team to contest in West Coast GRC against a five-member team from the governing People's Action Party (PAP) led by Trade and Industry Minister Lim Hng Kiang. The Reform Party team lost after garnering 33.43% of the vote against the PAP team's 66.57%.

2013 by-election

In 2013, after PAP Member of Parliament Michael Palmer resigned from the PAP and gave up his parliamentary seat in Punggol East SMC, a by-election was scheduled to be held on 26 January 2013. Jeyaretnam contested in the by-election, which turned out to be a four-cornered fight pitting him against three other candidates: Koh Poh Koon of the PAP; Lee Li Lian of the Workers' Party; and Desmond Lim of the Singapore Democratic Alliance. The by-election concluded with a victory for Lee, who won with 54.5% of the vote against Koh's 43.73%, Jeyaretnam's 1.2%, and Lim's 0.57%. Since he got lower than 12.5% of the vote, Jeyaretnam forfeited his election deposit of S$14,500 under Singapore's electoral rules.[13]

After his candidacy was first announced, Jeyaretnam and his family in London received multiple death threats, including threats to castrate his son. He made a police report and the police arrested a 23-year-old man working as a clerk in Singapore Press Holdings's classified ads department.[14]

2015 general election

Jeyaretnam led a four-member Reform Party team to contest in West Coast GRC again during the 2015 general election against a four-member PAP team led by Trade and Industry Minister Lim Hng Kiang. The Reform Party lost with 21.43% of the vote against the PAP team's 78.57%.

2020 general election

During the 2020 general election, Jeyaretnam switched to leading a five-member Reform Party team to contest in Ang Mo Kio GRC against a five-member PAP team led by Prime Minister Lee Hsien Loong. The Reform Party team lost after garnering 28.09% of the vote against the PAP team's 71.91%.

Personal life

Jeyaretnam and his wife, Amanda Jeyaretnam, have a son, Jared Jeyaretnam.[15] His younger brother, Philip Jeyaretnam, has been a judge of the Supreme Court since 2021 and was one of the youngest lawyers to be appointed Senior Counsel in 2003 at the age of 38.[16]

External links

Notes and References

  1. Web site: J. B. Jeyaretnam: Politician and activist who fought all his adult life for greater democracy in Singapore . . 2 September 2017 . 12 August 2011 . https://web.archive.org/web/20110812053810/http://www.independent.co.uk/news/obituaries/j-b-jeyaretnam-politician-and-activist-who-fought-all-his-adult-life-for-greater-democracy-in-singapore-954492.html . dead .
  2. Web site: Upfront with The Reform Party: An exclusive interview with Mr Kenneth Jeyaretnam and Mr Justin Ong . The Kent Ridge Common . 22 November 2021 . 24 September 2009.
  3. Web site: 2011 PARLIAMENTARY GENERAL ELECTION RESULTS . Elections Department Singapore . 22 November 2021.
  4. Web site: 2015 PARLIAMENTARY GENERAL ELECTION RESULTS . Elections Department Singapore . 22 November 2021.
  5. Web site: 2020 PARLIAMENTARY GENERAL ELECTION RESULTS . Elections Department Singapore . 22 November 2021.
  6. Web site: 2013 PARLIAMENTARY BY-ELECTION RESULT . Elections Department Singapore . 22 November 2021.
  7. News: Khor . Christine . Always something Singaporean . 22 November 2021 . The Straits Times . 5 September 1987.
  8. News: Chua . Val . Lee . Ching Wern . TODAY20: The lonely fighter (Oct 12, 2002) . 18 November 2021 . Today . 14 November 2020.
  9. News: alvinology . GE2015: Humanising Kenneth Jeyaretnam . 22 November 2021 . Yahoo News Singapore . 6 September 2015.
  10. News: J B Jeyaretnam dies of heart failure, aged 82 . Today . 30 September 2008 . https://web.archive.org/web/20081102230106/http://www.todayonline.com/articles/278816.asp . 2 November 2008.
  11. News: Loh . Chee Kong . I am my own man: Kenneth Jeyaretnam . 22 November 2021 . CNA . 8 April 2010 . https://web.archive.org/web/20100410211150/http://www.channelnewsasia.com/stories/singaporelocalnews/view/1048649/1/.html . 10 April 2010.
  12. News: Kor . Kian Beng . Au Yong . Jeremy . Kenneth Jeyaretnam is Reform Party's sec-gen . 22 November 2021 . The Straits Times . 28 April 2009.
  13. News: Rashith . Rahimah . RP's Jeyaretnam and SDA's Lim unbowed by low number of votes . 22 November 2021 . Yahoo News Singapore . 27 January 2013.
  14. News: Agence France-Presse . Singapore man held for politician threats: police . 22 November 2021 . Bangkok Post . 25 January 2013.
  15. News: Rally goes on despite threats to RP chief's son . Lim . Joyce . 21 January 2013 . The Straits Times . 21 April 2018 . 22 April 2018 . https://web.archive.org/web/20180422064242/http://www.straitstimes.com/politics/rally-goes-on-despite-threats-to-rp-chiefs-son . live.
  16. News: Qing. Ang. 2020-12-07. Philip Jeyaretnam appointed Supreme Court judicial commissioner. en. The Straits Times. 2021-11-02. 0585-3923.