Money

MAS Appoints New Deputy Managing Director of Government and Economy

Thursday, January 14, 2021-4:39 pm

The Monetary Authority of Singapore (MAS) announced on Thursday that it has appointed Leong Sing Chiong as Deputy Managing Director (Markets & Development).

The appointment will come into effect on February 1, 2021.

Leon, 51, oversees the market investment group, which operates the money market and foreign exchange, issues Singapore government bonds and manages Singapore’s foreign exchange reserves.

He also oversees MAS’s Fintech and Innovation Group and the Development and International Group, which promotes Singapore as an international financial center.

He will take over Jacqueline Loh, Deputy Managing Director (Markets & Development and Corporate Development). MAS said Loh will continue to serve as Deputy Managing Director of Corporate Development and Leong will continue his current role as Deputy Managing Director of Markets & Investment until a successor is appointed.

Leong began his career in MAS’s preparatory management department in 1993. Since then, from 2002 to 2004, he has made various appointments within the organization, including serving as Chief Representative of MAS’s London Representative Office.



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