Singapore PM Lee to step down on May 15, hands over power to deputy Lawrence Wong

Singapore Prime Minister Lee Hsien Loong to step down after two decades, handing power to Lawrence Wong.

Singapore Prime Minister Lee Hsien Loong said Monday that he will step down on May 15 after two decades at the helm, and hand power to his deputy Lawrence Wong.

Mr. Lee, 72, will formally advise the city-state's president to appoint Mr. Wong, who is currently deputy Prime Minister and Finance Minister, to succeed him, his office said in a brief statement. Mr. Wong, who has the unanimous support of lawmakers in the long-ruling People's Action Party, will be sworn in at the national palace later the same day, it said.

Mr. Lee has served as Prime Minister and head of the PAP since August 2004.

Mr. Lee announced last November that he would retire this year and has already named Mr. Wong as his designated successor. Mr. Lee originally planned to step down before turning 70, but those plans were shelved because of the COVID-19 pandemic.

“For any country, a leadership transition is a significant moment. Mr. Lawrence and the 4G (fourth-generation) team have worked hard to gain the people's trust, notably during the pandemic,” Mr. Lee said in a Facebook post on Monday. “I ask all Singaporeans to give Mr. Lawrence and his team your full support, and work with them to create a brighter future for Singapore.”

Mr. Lee has said there is no reason to delay the political transition and that passing the baton to Mr. Wong before national elections due next year will allow the 51-year-old politician to win his own mandate and take the country forward.

Mr. Wong came to prominence while helping to coordinate Singapore’s fight against COVID-19. He will be the city-state’s fourth leader since its independence in 1965.