Chia is currently the Ministry of Manpower’s permanent secretary for development. His upcoming role marks a return for MAS’s former deputy managing director for corporate development. Chia was a 16-year veteran of the MAS before he joined the manpower ministry in 2020.
Ravi Menon, the Monetary Authority of Singapore’s longest-serving chief, is poised to leave the central bank this year, according to people familiar with the matter.
Menon has been at the helm of the MAS since 2011 and his current term ends May 31. Chia Der Jiun, one of his former deputies, is tipped to be his successor, the people said, declining to be identified discussing a private matter.
