The Monetary Authority of Singapore names a new deputy managing director to replace Jacqueline Loh, who will remain with the city-state’s central bank.
Leong Sing Chiong was named deputy managing director (markets and development) of the MAS, according to a statement, effective February 1 this year.
He replaces Loh, who will remain with the MAS as deputy managing director for corporate development.
Leong kicked off his career by joining the MAS in 1993 in its reserves management department. He has since held various roles with the Singaporean watchdog including the chief representative of its London representative office from 2002 to 2004.
Multiple Roles
Leong will be tasked with overseeing the markets and investment group, which covers activities like money markets and FX operations, issuance of Singapore government securities and management of its official foreign reserves.
In addition, he will oversee the regulator’s fintech and innovation group alongside its development and international group which promotes Singapore as an international financial hub.
He will also retain his current role as assistant managing director for markets and investments until a successor is appointed.
