Monetary Authority of Singapore

Brief History

The Monetary Authority of Singapore (MAS) is the central bank of Singapore. Established under the Monetary Authority of Singapore Act in 1970, it commenced operations on 1 January 1971.


Tharman Shanmugaratnam
Terms of appointment: 3 years; first term began in 21 May 2011; appointed by the President on the recommendation of the cabinet. Reappointed on 1 June 2021.

Board of Directors

Tharman Shanmugaratnam (Chairman)
Lawrence Wong (Deputy Chairman)
Heng Swee Keat

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