Ravi Menon Named Best Central Bank Governor in Asia-Pacific


The Managing Director of Monetary Authority of Singapore (MAS) was recognised the leading UK based magazine ‘The Banker’ for his efforts in the makeover of the financial system of Singapore.

  • The reason for selecting Ravi Menon was that the MAS, country’s central bank, stands out for its cutting-edge regulatory approach to fintech while maintaining macroeconomic stability.
  • Singapore’s Finance Minister Heng Swee Keat was also named the best banker in 2011. He was then as MAS’s managing director.
  • Over the last three years, the central bankers of Vietnam, India and Bangladesh were named for the recognition. 
  • The article noted that the MAS was among the first regulators to set up a dedicated fintech group that focuses on understanding technology’s risks and benefits.