The Monetary Authority of Singapore named an assistant managing director to oversee a newly created unit alongside the economic analysis, surveillance and forecasting department.

Celine Sia was named for the new role, effective immediately, overseeing the Enterprise Knowledge department and reporting to Edward Robinson, deputy managing director of economic policy.

The unit will be tasked with «strengthening knowledge and data management» for the city-state’s regulatory, according to a statement.

The appointment coincides with the ongoing Covid-19 pandemic that demands more robust capabilities to offset the effects. The MAS announced an industrywide effort to provide financial relief through a package that included support for individuals, small businesses and the interbank funding market.