Chia Der Jiun(L) with Central Bank of Kenya Guv Patrick Njoroge.
Credit: X/@CBKKenya
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.
Chia is currently a permanent secretary at the manpower ministry, and had previously spent 18 years at MAS.
He replaces Ravi Menon, who will retire from public service after spending more than a decade at the central bank, MAS said.
Menon was in May re-appointed in his role for another two years.