Singapore MAS Announced Re-Appointment of Ravi Menon as Managing Director for 2 Years or Earlier of Official Retirement from Singapore Public Service, Former Singapore Prime Minister & MAS Chairman Goh Chok Tong to Step Down from MAS Senior Advisor Role on 21st May 2023 after 12 Years 

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Singapore MAS Announced Re-Appointment of Ravi Menon as Managing Director for 2 Years or Earlier of Official Retirement from Singapore Public Service, Former Singapore Prime Minister & MAS Chairman Goh Chok Tong to Step Down from MAS Senior Advisor Role on 21st May 2023 after 12 Years 

12th May 2023 | Hong Kong

Singapore Monetary Authority of Singapore (MAS) has announced the re-appointment of Ravi Menon as Managing Director for 2 years (1/6/23 to 31/5/25) or earlier of official retirement from Singapore Public Service, and former Singapore Prime Minister & MAS Chairman Goh Chok Tong to step down as MAS Senior Advisor on 21st May 2023 after 12 years (2011 May).   Lucien Wong (Attorney-General) and Chaly Mah (Chairman of NetLink NBN Management) will be re-appointed to the MAS Board for a further term of 3 years from 1st June 2023 to 31st  May 2026.  Chaly Mah will also be re-appointed as MAS Chairman of the Audit Committee for 3 years.   The Singapore MAS Board Directors comprised of 12 individuals: Tharman Shanmugaratnam, Lawrence Wong, Heng Swee Keat, Alvin Tan, Peter Ong, Chaly Mah, Lim Hng Kiang, Tan Chorh Chuan, Lucien Wong, Deborah Ong, Ng Wai King, Ravi Menon.  See below for more info. 

“ Singapore MAS Announced Re-appointment of Ravi Menon as Managing Director for 2 Years or Earlier of Official Retirement from Singapore Public Service, Former Singapore Prime Minister & MAS Chairman Goh Chok Tong to Step Down from MAS Senior Advisor Role on 21st May 2023 after 12 Years “

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Singapore MAS Board Directors

Board of Directors of the Monetary Authority of Singapore (with effect from 1st June 2023)

1. Tharman Shanmugaratnam (Chairman), Senior Minister and Coordinating Minister for Social Policies
2. Lawrence Wong (Deputy Chairman), Deputy Prime Minister and Minister for Finance
3. Heng Swee Keat, Deputy Prime Minister and Coordinating Minister for Economic Policies
4. Alvin Tan, Minister of State, Ministry of Trade and Industry and Ministry of Culture, Community and Youth
5. Peter Ong (Chairman of Risk Committee) Chairman, Enterprise Singapore
6. Chaly Mah (Chairman of Audit Committee) Chairman, NetLink NBN Management Pte Ltd
7. Lim Hng Kiang, Special Advisor, Ministry of Trade and Industry
8. Professor Tan Chorh Chuan, Chief Health Scientist, Ministry of Health and Executive Director, MOH Office for Healthcare Transformation
9. Lucien Wong, Attorney-General, Attorney-General’s Chambers
10. Deborah Ong, Retired Partner, PricewaterhouseCoopers LLP
11. Ng Wai King, Managing Partner, WongPartnership
12. Ravi Menon Managing Director, MAS

Ravi Menon, MAS Managing Director

Ravi Menon began his career at MAS in 1987. During his 16 years in MAS, he was involved in monetary policy; econometric forecasting; organisational development; banking regulation and liberalisation; and integrated supervision of complex financial institutions. Ravi Menon spent a year at the Bank for International Settlements in Basel, as a member of the secretariat to the Financial Stability Forum. A recipient of the Singapore Government’s Meritorious Service Medal and Public Administration (Gold) Medal, Ravi Menon has served on a variety of boards in the public, private, and people sectors in Singapore. On the international front, Ravi Menon chairs the Network of Central Banks and Supervisors for Greening the Financial System. He is also a member of the Financial Stability Board (FSB) Steering Committee. 

In 2011, Ravi Menon was appointed Managing Director of the Monetary Authority of Singapore (MAS).  Prior, Ravi Menon was the Permanent Secretary at the Ministry of Trade & Industry (MTI) and Deputy Secretary at the Ministry of Finance (MOF).  Ravi Menon holds a Master’s in Public Administration from Harvard University and a Bachelor of Social Science (Honours) in Economics from the National University of Singapore.

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