MAS chief Ravi Menon retiring on Jan 1, seven months after reappointment

  • Mr Ravi Menon will step down on Jan 1 as managing director of the Monetary Authority of Singapore (MAS), seven months after his reappointment for two more years.
  • On May 12, the MAS said Mr Menon would continue to serve in his role and as a member of the MAS board. His reappointment was effective from June 1, 2023, to May 31, 2025, or until his retirement from the public service, whichever is earlier.
  • MAS also announced that the President of Singapore has appointed Chia Der Jiun as managing director (designate) of MAS from Nov 1 to Dec 31 this year.
  • Chia will become MAS’ managing director from Jan 1 next year to May 31, 2026. He will also be appointed a director on the MAS board on Jan 1, 2024.

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