Ravi Menon, longest-serving chief of MAS set to step down; former deputy tipped as successor
Ravi Menon, Chief of the Monetary Authority of Singapore (MAS) since 2011, is set to leave MAS this year, according to “people familiar with the matter.” Bloomberg reported that one of his former deputies, Chia Der Jiun, is tipped to be his successor.
Menon played a key role in steering Singapore’s economy through the post-global financial crisis era, and MAS was among the first to begin tightening monetary policy in the wake of the pandemic. The Public Service Division did not immediately comment on the matter.
