Menon to step down as MAS head

Chia Der Jiun will become Singapore’s central bank boss in January

Ravi Menon
Departing MAS managing director Ravi Menon

Singapore’s government has announced that Ravi Menon will step down as the country’s central bank head at the end of December, to be replaced by a long-serving official.

The Monetary Authority of Singapore said today (September 4) that Chia Der Jiun will become its managing director designate on November 4, and then MAS managing director on January 1, 2024, for a two-and-a-half year term.

In May, the government announced it was reappointing Menon to a two-year term at the MAS, after media

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account