New chief for Singapore central bank


SINGAPORE: Ravi Menon, the Monetary Authority of Singapore’s (MAS) longest-serving chief, will leave the central bank at the end of the year and will be succeeded by Chia Der Jiun.

Chia, currently the Manpower Ministry’s permanent secretary for development, will become designate managing director of the MAS from Nov 1, MAS said in an emailed statement.

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