Senior management changes at MAS

Took effect September 1.

The Monetary Authority of Singapore said Teo Swee Lian will step down from her current role as deputy managing director for financial supervision to assume the role of special adviser in the managing director's office. In her new role, she will help MAS play a more active role in international regulatory work. Ong Chong Tee will succeed her as deputy managing director for financial supervision.

Tee will oversee banking and insurance, capital markets, and policy, risk and surveillance groups in his new role. He was previously deputy managing director for monetary policy and investment and financial development. He will be succeeded by Jacqueline Loh.

Tee will have an additional role as deputy managing director for development and international, overseeing economic policy, markets and investment and development and international groups. Edward Robinson, assistant managing director for economic policy, will be designated MAS' chief economist in addition to his current position.