Singapore, 18 September 2020... The Monetary Authority of Singapore (MAS) announced today that Ms Jacqueline Loh will be appointed Deputy Managing Director (Corporate Development), in addition to her current role as Deputy Managing Director (Markets & Development). 

2      The current Deputy Managing Director (Corporate Development), Mr Chia Der Jiun, will leave MAS to take up appointment as Second Permanent Secretary at the Ministry of Manpower.  The new appointments of Ms Loh and Mr Chia will take effect from 19 October 2020.

3      Ms Gillian Tan, currently Executive Director (Financial Markets Development Department), will be appointed as Assistant Managing Director (Development & International) with effect from 1 October 2020.  In her new role, Ms Tan will oversee MAS’ strategies to develop Singapore as an international financial centre as well as MAS’ international relations and engagements.

4      Mr Ravi Menon, Managing Director, MAS, said “We are deeply grateful to Der Jiun for his 16 years of outstanding service to MAS.  He has contributed significantly across several areas, such as improving the risk sensitivity of MAS’ regulatory frameworks, overseeing the implementation of monetary policy and investment of MAS’ official foreign reserves, and driving MAS’ organisational and digital transformation.  We wish Der Jiun every success in his new appointment.”

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