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