President of Singapore
The eighth and current president, Halimah Yacob, took office on 14 September 2017, becoming the first president elected as she was the sole eligible candidate under the new reform terms which took effect earlier that year. She is also the first female President of Singapore.
2011 Singaporean presidential election
Tony Tan thanked all the overseas voters who turned up to cast their vote while Tan Cheng Bock expressed that he was pleasantly surprised at the result as he expected Tony Tan to garner a higher percentage of overseas votes.
At 7.30pm SST of 1 September, outgoing president S.R. Nathan received his final presidential salute from members of the Singapore Armed Forces at the Istana, before he left office with his wife Urmila Nandey to retire to his home in East Coast. Later, Tony Tan arrived with his wife Mary Chee and at 8.00pm SST, Tan was sworn in as president at the Istana, in the presence of the diplomatic corps, the Cabinet, selected guests and Members of Parliament. Tan said in his speech: "I will wield this 'second key' with utmost care. Our reserves have been painstakingly built up over decades, and should not be compromised. Our government must continue to live within its means, and only draw on past reserves in an exceptional crisis - like the one we faced in 2008. I therefore welcome the Prime Minister's assurance that the government will continue to be responsible with our finances. I will play my role to safeguard our reserves, so that they can continue to give us confidence in tough times." This was in reference to the custodial powers of the Singapore presidency, in which the president acts as a fiscal guardian to the national reserves. Tan added he can be both a resource and a symbol and would offer the Prime Minister his confidential advice on government policies and engage all Singaporeans to understand their interests and concerns.
According to Singapore Elections, an archive of Singapore election results, a post made on its Facebook page stated that the presidential election of 2011 "has established a new record of the second-narrowest percentage margin in history, after River Valley in the 1959 elections (margin of around 0.05%) and beating Sepoy Lines in the 1957 city elections (margin of around 0.4%)". In comparison, the margin of victory for Tony Tan was only 0.35% over his closest rival Tan Cheng Bock.