He will have spent 36 years in public service. Mr Chia Der Jiun will take over as managing director. Read more at straitstimes.com.
SINGAPORE – Mr Ravi Menon will step down on Jan 1 as managing director of the Monetary Authority of Singapore , seven months after his reappointment for two more years.Mr Menon, who turns 59 this year, is the longest-serving chief at MAS. He has been at the helm since 2011, managing Singapore’s foreign reserves, enforcing monetary policy, supervising the financial sector and developing the city-state as a financial hub.
Mr Menon, together with Attorney-General Lucien Wong and NetLink NBN Management chairman Chaly Mah, were also reappointed to the MAS board for another three-year term from June 1, 2023, to May 31, 2026.The MAS former deputy managing director for corporate development spent 16 years with the central bank before he joined the Manpower Ministry in 2020.
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MAS chief Ravi Menon retiring on Jan 1He will have spent 36 years in public service. Mr Chia Der Jiun will take over as managing director. Read more at straitstimes.com.
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