Chia Der Jiun will replace Ravi Menon, who will depart from the government and step down as managing director of MAS on 31 December 2023.
Currently, Chia serves as the permanent secretary for development at the Ministry of Manpower (MOM).
He administers workforce development, employment facilitation, and occupational safety and health policies and programs as the secretary of the Ministry of Manpower.
From 1 November to 31 December 2023, he will serve as MAS’s managing director (designate), and from 1 January 2024 to 31 May 2026, he will assume the entire post.
The official report indicates that Chia Der Jiun will assume office on 1 January 2024 and serve for two years.
In this brief article, we will learn more about the new managing director of the MAS.
Chia Der Jiun Wikipedia: Does He Have One?
Many individuals seek Chia Der Jiun’s Wikipedia page to learn more about his professional and personal life.
At the time of writing, however, the permanent secretary for development at the Ministry of Manpower (MOM) does not have a dedicated Wikipedia page.
Nevertheless, given his achievements in the financial and banking industries, it appears inevitable that he will receive a Wikipedia entry.
Mr. Chia has extensive exposure in the financial sector, per his professional background. He previously spent eighteen years at MAS.
During his previous tenure with MAS, he was reportedly responsible for primary MAS operations, including the execution of monetary policy, reserve management, prudential policy, banking supervision, and macroeconomic monitoring.
Moreover, he established the Singapore Deposit Insurance Corporation and oversaw financial stability assessments during the 2008 global financial crisis.
From 2011 to 2013, Mr. Chia held the position of IMF Executive Director for Southeast Asia.
He returned to MAS in 2013 as Assistant Managing Director (Markets & Investment) and oversaw the review of the Official Foreign Reserves’ asset allocation.
In 2019, he was appointed Deputy Managing Director (Corporate Development) and strengthened the operational resilience of national payment systems during the COVID-19 pandemic.
The financial expert also redesigned the MAS’s technological architecture and corporate functions.
Before joining MAS, Mr. Chia worked for the Ministry of Trade and Industry’s Public Service Division and the Ministry of the Environment and Water Resources.
In 2022, the graduate of Oxford University was named Permanent Secretary (Development) at MOM.
How Old Is Chia Der Jiun? Personal Life
The precise date of Chia Der Jiun’s birth is unknown. However, glancing at his picture, we presume that the Singaporean financial expert is in his late forties.
The majority of Mr. Chia’s personal life has not been exhaustively documented in publicly accessible sources.
As a consequence, his marital status remains unclear. However, the absence of information does not preclude him from being a family man.
Despite the paucity of information about his early life and upbringing, we can infer that he was raised by his parents, who imparted to him the values of hard work, integrity, and excellence.
These qualities have influenced his career, financial, and public service accomplishments. Despite this, Chia Der Jiun, who will become the new managing director of MAS, has vast experience in the financial and banking sectors. We wish him luck with his forthcoming service.
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