<p>Singapore has appointed Chia Der Jiun as managing director of its central bank with effect from January 1, 2024, the Monetary Authority of Singapore (MAS) said in a statement on Monday.</p>.<p>Chia is currently a permanent secretary at the manpower ministry, and had previously spent 18 years at MAS.</p>.Singapore’s President-elect Tharman says, surprised by 'high degree of endorsement'.<p>He replaces Ravi Menon, who will retire from public service after spending more than a decade at the central bank, MAS said.</p>.<p>Menon was in May re-appointed in his role for another two years.</p>
<p>Singapore has appointed Chia Der Jiun as managing director of its central bank with effect from January 1, 2024, the Monetary Authority of Singapore (MAS) said in a statement on Monday.</p>.<p>Chia is currently a permanent secretary at the manpower ministry, and had previously spent 18 years at MAS.</p>.Singapore’s President-elect Tharman says, surprised by 'high degree of endorsement'.<p>He replaces Ravi Menon, who will retire from public service after spending more than a decade at the central bank, MAS said.</p>.<p>Menon was in May re-appointed in his role for another two years.</p>