Chia will become the MD (designate) from Nov 1 to Dec 31. He will then formally become the MD of MAS from Jan 1, 2024, to May 31, 2026. Chia will also be appointed as a director on the board of the MAS on Jan 1, 2024.
The Monetary Authority of Singapore (MAS) has appointed Chia Der Jiun, 51, as its new managing director (MD). Chia was already tipped as a possible successor in a Bloomberg article in April.
Chia will take over from outgoing MD, Ravi Menon, 59, who will retire from the Singapore Public Service. Menon will also step down as MAS’s MD and from its board on Dec 31.
