Yahoo Finance Contrary to earlier report, Ravi Menon to stay on at MAS for two more years
Emeritus Senior Minister Goh Chok Tong will step down from his position as senior advisor to MAS
The Monetary Authority of Singapore (MAS) announced on May 12 that Managing Director Ravi Menon will be re-appointed as managing director of MAS and a member of the MAS Board for a further term of two years, from June 1 to May 31, 2025.
Menon will serve as Managing Director until May 31, 2025 or his retirement from the Singapore Public Service, whichever is earlier.
He was appointed to this role back in 2011, making him the longest-serving MAS MD.
Lucien Wong, Attorney-General, and Chaly Mah, Chairman of NetLink NBN Management, will be re-appointed to the MAS Board for a further term of three years from June 1 to May 31, 2026. Mah will also be re-appointed as Chairman of the Audit Committee for the same duration.
Emeritus Senior Minister Goh Chok Tong will step down from his position as senior advisor to MAS.
See also: MAS's Ravi Menon set to leave
With effect from June 1, the board of MAS consists of:
Chairman, Tharman Shanmugaratnam, Senior Minister and Coordinating Minister for Social Policies
Deputy chairman Lawrence Wong, Deputy Prime Minister and Minister for Finance
Heng Swee Keat, Deputy Prime Minister and Coordinating Minister for Economic Policies. Heng is a former MD of MAS.
Alvin Tan Minister of State, Ministry of Trade and Industry and Ministry of Culture, Community and Youth
Chairman of Risk Committee Peter Ong, who is Chairman, Enterprise Singapore
Chairman of Audit Committe, Chaly Mah, who is Chairman, NetLink NBN Management
Lim Hng Kiang, Special Advisor at Ministry of Trade and Industry
Professor Tan Chorh Chuan Chief Health Scientist, Ministry of Health and Executive Director, MOH Office for Healthcare Transformation
Lucien Wong Attorney-General, Attorney-General’s Chambers Deborah Ong Retired Partner, PricewaterhouseCoopers
Ng Wai King Managing Partner, WongPartnership
Ravi Menon Managing Director, MAS
See Also:
Click here to stay updated with the Latest Business & Investment News in Singapore
MAS imposes additional capital requirement on DBS after digibank disruption on May 5
MAS launches $8 million to tap polytechnic talent for financial industry
Get in-depth insights from our expert contributors, and dive into financial and economic trends
