Singapore, 14 January 2021...The Monetary Authority of Singapore (MAS) announced today the appointment of Mr Leong Sing Chiong as Deputy Managing Director (Markets & Development). The appointment takes effect on 1 February 2021.

2.      Mr Leong will oversee the Markets and Investment Group which conducts money market and foreign exchange operations, issues Singapore Government Securities, and manages Singapore’s official foreign reserves, as well as the Development and International Group which promotes Singapore as an international financial centre creating good jobs and supporting vibrant financial markets. Mr Leong will also oversee the FinTech and Innovation Group.

3.      Mr Leong takes over the position from Ms Jacqueline Loh, Deputy Managing Director (Markets & Development and Corporate Development). Ms Loh will remain as Deputy Managing Director (Corporate Development). Mr Leong will also continue in his current role as Assistant Managing Director (Markets & Investment) until a successor is appointed. 

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Additional information

Mr Leong Sing Chiong (梁新松), 51, began his career with the Reserves Management Department of MAS in 1993.  He held various appointments in MAS covering Markets and Investment, International, Financial Centre Development, and also served for two years as Chief Representative of MAS’ London Representative office from 2002 to 2004. Prior to this appointment, Mr Leong served as Assistant Managing Director (Markets and Investment) from 2018, as well as Assistant Managing Director (Development and International) from 2013 to 2018.