Central Banking

S'pore names health min Lim as MAS deputy chairman

The Monetary Authority of Singapore (MAS), the city state's central bank, said on Tuesday that Health Minister Lim Hng Kiang has been appointed deputy chairman with effect from January.

Lim, who is also junior minister for finance, will replace Lee Ek Tieng on his retirement on December 31, the MAS said in a statement. Lee has been with the MAS for 14 years and was appointed as a director to the board in April 1986. He was managing director from 1989-97 and has been deputy chairman since Janua