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HomeBankingMAS: Appoints fintech lead Menon as chair of the Network

MAS: Appoints fintech lead Menon as chair of the Network

MAS: Appoints fintech lead Menon as chair of the Network

  • MAS is one of the eight founding members of the NGFS and has been an active participant across its workstreams
  • Announced  the appointment of Mr Ravi Menon, Managing Director of the Monetary Authority of Singapore
  • Mr Menon succeeds Mr Frank Elderson, Member of the Executive Board of the European Central Bank
  • Ms Sabine Mauderer, Member of the Executive Board of the Deutsche Bundesbank, will serve as Vice-Chair
  • The NGFS, which comprises 105 central bank members, has been playing a leading role in helping to enhance climate
  • The NGFS Glasgow Declaration published at COP26 highlighted concrete commitments by NGFS members in the coming years
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