Menon to step down as MAS managing director

Chia Der Jiun will succeed Menon.

Ravi Menon will be stepping down from his post as managing director of the Monetary Authority of Singapore (MAS) on 31 December.

Menon will likewise retire from the Singapore Public Service and leave the MAS Board by year-end.

In an announcement, MAS said Chia Der Jiun will replace Menon and will begin his stint as managing director (designate) on 1 November.

On 1 January 2024, Chia will take over as MAS managing director.

Chia currently serves as Permanent Secretary (Development) at the Ministry of Manpower (MOM) but has spent 18 years at MAS.