Philip Yeo served in the Administrative Service from June 1970 to 31 March 1999. He served in various appointments in the Ministry of Defence, including Permanent Secretary for logistics, technology research & development and defence industries. He left MINDEF to assume the appointment of Chairman, Economic Development Board in January 1986.
During his EDB chairmanship, Yeo redirected EDB's focus from the traditional fields to new areas of business. These included: Internationally exportable services; developing high-tech industries like biomedical science, [4] [5] semiconductors, aerospace and specialty chemicals;[6] nurturing local small and medium-sized enterprises and encouraging Singapore companies to make direct investments abroad. Yeo pioneered Singapore's participation in overseas infrastructure development projects such as those in the Bintan Industrial Estate and the Wuxi-Singapore Industrial Park in China.[7]
During this time, Philip Yeo also served as the first Chairman of the National Computer Board (now Infocomm Development Authority of Singapore from 1980 to 1987[1]. He played a leading role in formulating and championing Singapore's first national computerisation plan to evolve the nation into the information age.[8]
Yeo graduated in 1970 in Applied Science (Industrial Engineering) from the University of Toronto under a Colombo Plan scholarship.[1] He obtained a Master of Science (Systems Engineering) from the University of Singapore in 1974. In 1976, he obtained a Master in Business Administration from Harvard University under a Fulbright scholarship.
Yeo has been conferred honorary PhDs from University of Toronto, Karolinska Institutet in Sweden and Imperial College of London for his work in Economic Development in Singapore and Asia.
Yeo was Board Member (from 1980) and Chairman of the Executive Committee of Singapore Technologies Holdings from 1987 to 1993. He also served as Chairman of Sembawang Corporation (1994 - 1998) and the successor SembCorp Industries (1998-1999), Pidemco Land (1999 - 2000) and CapitaLand formed from Pidemco after a merger (2000 -).
Yeo stepped down as Chairman of A*STAR and become chairman of the Standards, Productivity and Innovation Board (Spring Singapore) on 1 April 2007[9]. He was also appointed senior adviser on science and technology to the Minister for Trade and Industry. In his role as Advisor for Economic Development in the Prime Minister’s Office, Yeo will assist the Prime Minister’s Office in establishing new economic links with interested foreign governments who value Singapore’s development experience, and provide strategic inputs to establish strategic partnerships and open up opportunities with other fast-growing economies
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