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Reuters
Reuters
Politics

Factbox: Singapore's PM-in-waiting takes new step towards leadership

FILE PHOTO: Singapore Minister Lawrence Wong seen in this picture at the Southeast Asian Games in 2015. Prime Minister Lee Hsien Loong has said Wong would succeed him as PM. Mandatory Credit: Singapore SEA Games Organising Committee / Action Images via Reuters/File Photo

Singapore's finance minister, Lawrence Wong, will be promoted to deputy prime minister on June 13, according to an official statement released on Monday, taking a step closer to becoming the leader of the city-state.

Wong will be the fourth prime minister to lead the financial hub since its independence in 1965, though the timing of the handover from current Prime Minister Lee Hsien Loong is as yet undecided.

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