Michael Fam Yue OnnDUNUDUBCPJGBBM (13 January 1927 – 27 December 2014) was a former Singaporean civil engineer and businessman. He is known for leading the team to complete the S$5 billion North–South and East–WestMass Rapid Transit lines two years ahead of schedule and within budget.[1]
On 13 January 1927, Fam was born in Sandakan, North Borneo (present day Sabah). A Hakka, Fam was the youngest in the family, and he had three sisters and a brother.[15] His father, Fam Tain Yong, had a Senior Cambridge and some accountancy training, and his mother, Yong Khyun Chin, was a primary school teacher. In 1933, his family moved to Singapore.[16][17] Fam received his early education at St. Andrew's School.[18][19] In 1941, Fam graduated with a Senior Cambridge.[20]
Upon returning to Singapore in 1950, Fam started an engineering role in Hume Industries (Far East) Ltd,[a] a publicly-listed company that manufactured concrete pipes, beams, and asbestos sheets. Hume was located at the 8.5 mi (13.7 km) of Bukit Timah Road, and it was listed on the Stock Exchange of Malaysia and Singapore.[23][24][25] Throughout the years, Fam held several leadership positions, such as assistant general manager.[26] In March 1967, Fam was promoted to general manager and director of Hume.[27][28]
On 2 April 1975, Fam succeeded Lee Hee Seng as chairman of the Housing and Development Board (HDB), after being a member since 1 February 1969.[29][30] In November 1975, as the request of the Monetary Authority of Singapore, Fam was also appointed as chairman of Haw Par International, which was on the verge of bankruptcy.[31][32][33] Fam lead the negotiations for disputes with Slater Walker over a S$72.5 million loan owed by Haw Par.[34][35] Eventually, in June 1976, the dispute was resolved with Slater Walker and S$23 million settlement was paid to Haw Par instead.[36][37] In March 1977, Fam resigned as chairman of Haw Par, following the drop in profits of Hume.[38][39]
On 1 September 1978, Fam was appointed as a director of Fraser and Neave.[40] In October 1978, Vietnam Prime Minister Phạm Văn Đồng was brought to tour HDB flats in Toa Payoh by Fam. During the visit, Dong was impressed by the HDB flats, and requested for models and plans from Fam.[41][42][43] In March 1980, Nepal King Birenda and Queen Aishwarya were also brought by Fam to tour HDB flats in Toa Payoh.[44]
On 1 August 1981, Fam was appointed as the first chairman of the Nanyang Technological Institute (NTI).[45][46][47] In his inaugural speech, Fam said that NTI will train experienced engineers to work in high-technology industries, and NTI lecturers and staff will be expected to be updated with latest technological developments.[48][49][50]
In February 1986, Fam was appointed as chairman of a committee in charge of divesting and privatising more than 500 government-owned companies.[59][60] Named the Public Sector Divestment Committee, substantial shares owned by the Government in publicly-listed companies, such as Singapore Airlines and DBS Bank, were divested, and profitable statutory boards, such as the Telecoms Board (now known as Singtel) and the Public Utilities Board, were privatised.[61][62]
In July 1986, as chairman of MRTC, Fam announced a gratuity scheme for about 250 expatriates working in engineering and technical roles for the Mass Rapid Transit (MRT) system. As there was a cut in employer's contribution to the Central Provident Fund, expatriates found themselves receiving lesser salary than initially promised. The gratuity scheme was meant to make up for the difference.[63][64][65] Most expatriates decided to opt for the scheme.[66] Fam elaborated:
We can't just run the trains if there is just one link missing. Had the CPF cut been small — one to two percent — the gratuity scheme would not have been necessary. Insofar as Singaporeans are concerned, the appeal is on the basis that we are going through a rough patch. We ask you to make sacrifices now and when the good times return, all the sacrifices will be made up for. At the MRT, we do not have the ability to make up in subsequent contracts. The expatriates are here for two years; when they finish, they take their pay and go off. Whatever they lose out on, there's no possibility of recovering in subsequent contracts because there will not be any. Therein lies the uniqueness, the distinction between the MRT expatriates and all the other expatriates, whether they be in the medical service or education service... Here's a project costing billions of dollars, we require the men in charge of this project — the payment of this project, the passing of this project, the inspection of this project — to be completely enthusiastic and dedicated to the job. If the MRT, as a national project, were to go awry, you can imagine the loss of dignity that can result to Singapore.[67]
In response, the Workers' Party criticised the scheme, with its secretary-general J. B. Jeyaretnam questioning how Singapore would suffer any loss of dignity if the MRT was not completed on time, and said the explanation by Fam on the rationale behind implementing the gratuity scheme was not understood.[68][69]
In August 1987, Fam was appointed chairman of the Public Transport Council.[70][71] In November 1987, Fam and Fock Siew Wah escorted Princess Anne for an MRT ride to and from Orchard, making her the first foreign dignitary to take the MRT.[72] Later in November, Fam and Fock also escorted Sultan of Brunei Hassanal Bolkiah for a ride, this time from Orchard to Yio Chu Kang.[73][74] In less than a month later, the Sultan's brother Sufri Bolkiah tried out the MRT system together with his wife. Likewise, he was accompanied by Fam and Fock from Outram Park to Yio Chu Kang, then to City Hall.[75][76]
In December 1991, Fam stepped down as chairman of MRTC, and he was replaced by Wesley D'Aranjo.[77][78]
On 11 May 1992, as chairman of Fraser and Neave, Fam signed an agreement with The Coca-Cola Company to set up a joint venture company to take over the soft drink businesses of both companies in Singapore, Malaysia and Brunei. Fam was appointed as chairman of the joint venture, named F&N Coca-Cola Pte Ltd.[85][86][87]
In July 1993, Fam stepped down as chairman of the Nanyang Technological University council, and he was replaced by Koh Boon Hwee.[88][89] In November 1994, Fam lead an independent panel to review the salary benchmarks for ministers and top civil servants.[90][91][92] In January 1995, the panel recommended a S$1.6 million annual salary for the prime minister, pegged to twice the new salary of the Staff Grade I benchmark.[93][94]
On 9 May 1998, Fam replaced S. Dhanabalan as chairman of Singapore Airlines (SIA).[95][96][97] At the 1998 annual general meeting, Fam shared that SIA will begin selling flight tickets via the internet, complementing the existing network of travel agents and its own ticketing offices.[98]
In July 2001, Fam retired as chairman of SIA and he was replaced by Koh Boon Hwee.[99][100][101] In January 2006, Fam stepped down as executive chairman of Fraser and Neave (F&N), while staying on as an interim non-executive chairman. Initially reported as S$3 million, he was awarded S$4 million as a gratuity payment for his 23 years of service to F&N.[102][103][104] Fam officially left F&N as chairman in 2007, while remaining as a consultant for the company.[105] Succeeding the chairmanship was Lee Hsien Yang.[106][107][108]
While studying in university, Fam met Dulcie Shem, an Australian-born Chinese girl from Perth.[111] In January 1951, Shem and her mother arrived in Singapore on MS Maetsuycker, and on 3 February 1951, Fam and Shem held their marriage at the St. Andrew's Cathedral.[112] They have a son and a daughter.[16]
In 1994, Fam was diagnosed with prostate cancer, and he underwent medical treatment in the United States.[113][114][115] On 27 December 2014, Fam died.[15][116] In a condolence letter address to Shem, Prime Minister Lee Hsien Loong described Fam as a "a rare, selfless individual who contributed greatly to Singapore throughout his life".[117][118]
Michael Fam Visiting Professorship in Engineering, a professorship in Nanyang Technological University (NTU) established in 1998, is named after him.[131]
Michael Fam Chair Professorship in Food Science and Technology, a S$1.2 million NTU professorship established in 2014, is named after him.[132][133]