The Monetary Authority of Singapore reshuffled a series of roles in its top ranks, following the exit of two veterans that have been with the regulator for over 35 years.
Deputy managing director and head of financial supervision Ong Chong Tee will leave the MAS, according to a statement, and will be succeeded by current assistant managing director for banking and insurance Ho Hern Shin.
Also leaving is assistant managing director for capital markets Lee Boon Ngiap, who will be replaced by Lim Tuang Lee, current assistant managing director for organization and people development.
Senior Reshuffle
Ho’s existing role will be succeeded by executive director (banking department I) Marcus Lim while Lim will be replaced by executive director (banking department II) Wong Zeng Yi.
Assistant managing director for finance, risk and currency Bernard Wee has also been appointed to take over Leong Sing Chiong, deputy managing director for markets and development after taking on the role last month. Wee has been succeeded by Cindy Mok, currently executive director for monetary and domestic markets management.
The new appointments come into effect on April 1 this year.
