Kenneth Jeyaretnam

Last updated

Amanda Jeyaretnam
​
(m. 1995)​
Kenneth Jeyaretnam
Kenneth Jeyaretnam at a Reform Party rally, Speakers' Corner, Singapore - 20110115.jpg
Jeyaretnam at a Reform Party rally held at Speakers' Corner during the 2011 general election
Secretary-General of the Reform Party
Assumed office
10 April 2009
ChildrenJared Jeyaretnam (son)
Parents
Relatives Philip Jeyaretnam (brother)
Alma mater Queens' College, Cambridge
Amsterdam Institute of Finance
Occupation
  • Politician
  • hedge fund manager

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

Contents

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

A Cambridge graduate with a double first class honours degree in economics, [2] Jeyaretnam started his career in the financial sector and has worked at Wardley, Continental Bank, Banque Indosuez and Nomura International before becoming a hedge fund manager. [3]

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. [4] [5] [6] [7]

Background

Jeyaretnam's parents, Joshua Benjamin Jeyaretnam and Margaret Cynthia Walker, were both lawyers by profession. [8] His father was a prominent opposition politician in Singapore and the first elected opposition Member of Parliament since Singapore gained independence in 1965. [9]

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. [10] He also studied at the Amsterdam Institute of Finance. [2]

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. [10] 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. [3]

Political career

Jeyaretnam speaking at a Reform Party rally at the Speakers' Corner on 15 January 2011 Kenneth Jeyaretnam at a Reform Party rally, Speakers' Corner, Singapore - 20110115-02.jpg
Jeyaretnam speaking at a Reform Party rally at the Speakers' Corner on 15 January 2011

Following his father's death in September 2008, [11] 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. [2] [10] [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%. [4]

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%. [7] 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 [14] and the police arrested a 23-year-old man working as a clerk in Singapore Press Holdings's classified ads department. [15]

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%. [5]

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%. [6]

Personal life

Jeyaretnam and his wife, Amanda Jeyaretnam, have a son, Jared Jeyaretnam. [14] 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]

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References

  1. ↑ "J. B. Jeyaretnam: Politician and activist who fought all his adult life for greater democracy in Singapore". Independent.co.uk . Archived from the original on 12 August 2011. Retrieved 2 September 2017.
  2. 1 2 3 alvinology (6 September 2015). "GE2015: Humanising Kenneth Jeyaretnam". Yahoo News Singapore. Retrieved 22 November 2021.
  3. 1 2 "Upfront with The Reform Party: An exclusive interview with Mr Kenneth Jeyaretnam and Mr Justin Ong". The Kent Ridge Common. 24 September 2009. Retrieved 22 November 2021.
  4. 1 2 "2011 PARLIAMENTARY GENERAL ELECTION RESULTS". Elections Department Singapore. Retrieved 22 November 2021.
  5. 1 2 "2015 PARLIAMENTARY GENERAL ELECTION RESULTS". Elections Department Singapore. Retrieved 22 November 2021.
  6. 1 2 "2020 PARLIAMENTARY GENERAL ELECTION RESULTS". Elections Department Singapore. Retrieved 22 November 2021.
  7. 1 2 "2013 PARLIAMENTARY BY-ELECTION RESULT". Elections Department Singapore. Retrieved 22 November 2021.
  8. ↑ Khor, Christine (5 September 1987). "Always something Singaporean". The Straits Times. Retrieved 22 November 2021.
  9. ↑ Chua, Val; Lee, Ching Wern (14 November 2020). "TODAY20: The lonely fighter (Oct 12, 2002)". Today. Retrieved 18 November 2021.
  10. 1 2 3 Loh, Chee Kong (8 April 2010). "I am my own man: Kenneth Jeyaretnam". CNA. Archived from the original on 10 April 2010. Retrieved 22 November 2021.
  11. ↑ "J B Jeyaretnam dies of heart failure, aged 82". Today. 30 September 2008. Archived from the original on 2 November 2008.
  12. ↑ Kor, Kian Beng; Au Yong, Jeremy (28 April 2009). "Kenneth Jeyaretnam is Reform Party's sec-gen". The Straits Times. Retrieved 22 November 2021.
  13. ↑ Rashith, Rahimah (27 January 2013). "RP's Jeyaretnam and SDA's Lim unbowed by low number of votes". Yahoo News Singapore. Retrieved 22 November 2021.
  14. 1 2 Lim, Joyce (21 January 2013). "Rally goes on despite threats to RP chief's son". The Straits Times. Archived from the original on 22 April 2018. Retrieved 21 April 2018.
  15. ↑ Agence France-Presse (25 January 2013). "Singapore man held for politician threats: police". Bangkok Post. Retrieved 22 November 2021.
  16. ↑ Ang, Qing (7 December 2020). "Philip Jeyaretnam appointed Supreme Court judicial commissioner". The Straits Times. ISSN   0585-3923 . Retrieved 2 November 2021.
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