Management Team

Mr Ravi Menon

Managing Director

Mr Ravi Menon was appointed Managing Director of the Monetary Authority of Singapore (MAS) in 2011. He was previously Permanent Secretary at the Ministry of Trade & Industry (MTI) and Deputy Secretary at the Ministry of Finance (MOF).

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Mr 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. Mr 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 Public Administration Medal (Gold), Mr Menon has served on a variety of boards in the public, private, and people sectors in Singapore. On the international front, Mr Menon is a member of the Financial Stability Board (FSB) Steering Committee. Mr Menon holds a Master 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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Mr Ong Chong Tee

Deputy Managing Director (Financial Supervision)

Mr Ong Chong Tee is the Deputy Managing Director in charge of Financial Supervision at the MAS. He oversees the regulation and supervision of all banking, insurance and capital markets entities licensed in Singapore.

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Mr Ong joined MAS in 1986 after graduating from National University of Singapore with an Honours Degree in Chemical Engineering in 1985.  He was awarded the Public Administration (Gold) Medal in August 2007.

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Ms Jacqueline Loh

Deputy Managing Director (Monetary Policy & Investment / Development & International / Fintech & Innovation)

Ms Jacqueline Loh is the Deputy Managing Director overseeing the central banking functions of Monetary Policy and Markets & Investments. Ms Loh also oversees the Development & International Group, as well as the Fintech & Innovation Group in MAS.

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Ms Loh joined the MAS in 1987. During her career in MAS, Ms Loh has also had experience in other functions, including heading the Reserve and Monetary Management and Finance departments. Between 1990 and 1994, she worked in MAS’ New York Office. Ms Loh graduated with a Master of Business Administration from the University of Washington in 1986.

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Dr Andrew Khoo

Deputy Managing Director (Corporate Development)

Dr Andrew Khoo is the Deputy Managing Director of the Corporate Development Group. He oversees the Corporate, Human Resources, and IT Services Group, as well as the Finance, Risk and Currency Group.

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Dr Khoo is a member of the board of the Competition Commission of Singapore and the Advisory Board of the School of Accountancy at the Singapore Management University. He started his career at the National University of Singapore (1992-1997). Between 2000-2003, he worked at the Bank for International Settlements. 

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Mr Chia Der Jiun

Assistant Managing Director (Markets & Investment)

Mr Chia Der Jiun is the Assistant Managing Director of the Markets and Investment Group. He oversees the Monetary & Domestic Markets Management Department and the Reserves Management Department. Prior to this appointment, Mr Chia has variously headed the Banking, Macroeconomic Surveillance and Prudential Policy departments.

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From May 2011 to April 2013, he served as Southeast Asia’s Executive Director on the International Monetary Fund Executive Board. Mr Chia has a BA in Politics and Economics from Oxford University and an MBA from INSEAD. 

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Ms Ho Hern Shin

Assistant Managing Director (Banking & Insurance)

Ms Ho Hern Shin is the Assistant Managing Director of the Banking & Insurance Group, overseeing Banking Departments I, II and III, Insurance Department and the Anti-Money Laundering (AML) Department. The Banking and Insurance Departments are responsible for the licensing and supervision of all banks, merchant banks, insurance and finance companies in Singapore. The AML Department is responsible for formulating policies to combat money laundering and other illicit financing, and supervising financial institutions with respect to their AML systems and controls.

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Prior to this, Ms Ho was Executive Director and Head of the Insurance Department, which supervises and regulates insurance companies in Singapore and oversees policy formulation for the insurance sector. She concurrently oversaw the Technology Risk and Payments Supervision Department, which is responsible for formulating cybersecurity strategy and policies for the financial sector, as well as supervising financial institutions’ technology risk management and the safety and efficiency of payment systems in Singapore. Earlier in her MAS career, Ms Ho also headed the Specialist Risk Department and Human Resource Department. She was for several years also responsible for developing capital policies for financial institutions in Singapore.

Ms Ho holds a BSc degree in Monetary Economics from the London School of Economics in the UK.

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Mr Lee Boon Ngiap

Assistant Managing Director (Capital Markets)

Mr Lee Boon Ngiap is Assistant Managing Director of the Capital Markets Group, overseeing the regulation and supervision of capital markets. The group is responsible for the licensing and supervision of exchanges, clearing houses and capital markets intermediaries. Mr Lee also oversees the Enforcement Department, which is responsible for enforcement actions arising from regulatory breaches of MAS' banking, insurance and capital markets regulations. Prior to his appointment, Mr Lee headed the Banking and Insurance group, which supervises banks and insurance companies in Singapore.

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Mr Lee has served in various other functions in MAS.  He started in the Reserve & Monetary Management Department, where his responsibilities included the conduct of Singapore’s monetary policy and management of the foreign exchange exposures of public sector entities.  He subsequently headed a team responsible for the development of regulatory policies for the securities, futures and asset management industries in Singapore.  He also served a stint as head of the MAS Representative Office in London.

Mr Lee was awarded the Public Administration Medal (Silver) in 2007.

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Mr Leong Sing Chiong

Assistant Managing Director (Development & International)

Mr Leong Sing Chiong was appointed Assistant Managing Director overseeing the Development and International Group in 2013. He is responsible for developing Singapore as a financial centre, and MAS’ policies relating to international and regional financial cooperation. Prior to this appointment, Mr Leong served as Executive Director of Financial Centre Development Department (2010-2013), and spent six years with the International Department (2004-2010).

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Mr Leong began his MAS career with the Reserves Management Department in 1993 and served as Staff Assistant to the Managing Director from 1997-1998. In 1999, he joined the Monetary Management Division and was responsible for the implementation of MAS’ monetary policy and money market operations. Thereafter, Mr Leong was appointed Chief Representative of MAS’ London Representative Office from 2002-2004. Mr Leong is a recipient of the Public Administration Medal (Silver). He holds a B.Sc Economics (Monetary Economics) from the London School of Economics, and is married with two children.

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Ms Loo Siew Yee

Assistant Managing Director (Policy, Risk & Surveillance)

Ms Loo Siew Yee is the Assistant Managing Director of the Policy, Risk and Surveillance Group, overseeing prudential policy, macro-surveillance and specialist risk supervision. Prior to this appointment, Ms Loo was Executive Director and Head of Banking Department I, which oversees Singapore’s three domestic banking groups and several foreign banks.

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Ms Loo has served in different functions in MAS, including heading the Insurance Department and Capital Markets Department. She was also the Director of Corporate Finance, Secretary to the Securities Industry Council, Director of Strategic Development, Lead Policy Analyst and Assistant General Counsel. Concurrent with Ms Loo’s appointment as Director of Strategic Development, she was the Chief Executive Officer of the Institute of Banking and Finance from 2006 to 2008. 

Ms Loo holds an LLB Hons (2nd Upper) from the National University of Singapore and an MBA from the University of Manchester, UK.

 

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Mr Low Kwok Mun

Assistant Managing Director (Finance, Risk and Currency)

Mr Low Kwok Mun is the Assistant Managing Director of the Finance, Risk and Currency Group. Prior to this appointment, Mr Low headed the Complex Institutions Department, which is responsible for the consolidated supervision of banking groups.

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Mr Low joined the Monetary Authority of Singapore in 1986. He was head of the Insurance Supervision Department from February 2005 to June 2010.  His previous appointments include Head of the Prudential Policy Department and Head of the Monetary Management Division. He also headed MAS’ corporate planning and communications division. Mr Low was attached to the International Monetary Fund for two years as the Alternate Executive Director for the Southeast Asia voting group before returning to MAS in November 2002.  Mr Low holds a Bachelor of Engineering (Honours) degree from the National University of Singapore.

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Mr Ng Nam Sin

Assistant Managing Director (Corporate, HR & IT Services)

Mr Ng Nam Sin is the Assistant Managing Director of the Corporate Services, Human Resource, and IT Services Group. He oversees the events management, optimal work environment and security enhancement of MAS; formulation and implementation of HR management policies; and attraction, retention and development of talent. Mr Ng started his civil service career with the Singapore Economic Development Board (EDB) in 1988.

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The EDB is the lead government agency responsible for industry development in Singapore. He was posted to the EDB office in New York in 1994.  In New York, he was the Regional Director, responsible for promoting manufacturing & services investment opportunities in Singapore. He moved to the MAS in 1998. Mr Ng graduated from the University of Glasgow, UK in 1985, with a degree in engineering.

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Mr Edward Robinson

Assistant Managing Director (Economic Policy) / Chief Economist

Mr Edward Surendran Robinson is the Assistant Managing Director of the Economic Policy Group, which is responsible for the formulation of Singapore's monetary policy.

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He has been with the MAS since 1992 and has been involved in macroeconometric modeling and is responsible for heading a team engaged in the continuing developmental work for the suite of MAS models, which are used for policy analysis. He has also been involved in other areas of economic policy work including in various inter-agency work groups which looked at the structural challenges facing the Singapore economy. He served on the Board of the Singapore Competition Commission between 2005 and 2007. He studied economics and applied econometrics at Monash University and the University of Melbourne.

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Last Modified on 30/11/2017