Although Mr Tharman has held many important portfolios throughout his career, the 66-year-old is part of the “outgoing” third generation leaders from the People’s Action Party whose departure may have a less direct impact on ministries, some analysts said.
“Prime Minister Lee has made it an annual practice to reshuffle his Cabinet,” said Assoc Prof Tan, a political analyst and former Nominated Member of Parliament. National University of Singapore said: “A drastic change in portfolios for the new 4G team would be a distraction away from the presidential campaign.”
Mr Tharman on Thursday had also announced that he would be resigning from his positions as chairman of the Monetary Authority of Singapore, deputy chairman of Singapore's sovereign wealth fund GIC and chairman of the Economic Development Board's International Advisory Council. She said that Mr Wong is well-placed to take over as Coordinating Minister for Social Policies as he is spearheading the Forward Singapore initiative and has been “leading Budgets that focused on strengthening Singapore’s social compact”.
Nonetheless, political observers were largely unanimous that voters in Jurong will not be choosing new MPs anytime soon, not in the least because of legal precedent. Agreeing, Asst Prof Ong added: “The term is merely a concept invented to describe the outsized role of a particular candidate in a team of candidates.”
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