Veteran banker Elizabeth Sam known as ‘Ms MAS’ dies at 84

Elizabeth Sam was instrumental in shaping Singapore’s early reserves management strategy as she rose through the ranks at the Ministry of Finance. — The Straits Times

SINGAPORE: Veteran banker Elizabeth Sam, who played a key role in Singapore’s growth as a financial centre, died on Monday. She was 84.

Sam was hospitalised in early September, said her son, Sherman Sam, 57, adding that doctors wanted to run tests for cancer, but her exact cause of death was not confirmed when she died.