The Monetary Authority of Singapore (MAS) announced last Thursday the appointment of Phua Wee Ling as Assistant Managing Director of its Organization and People Development Group.

The appointment takes effect on January 1, 2026, MAS said in a statement.

Phua, current Executive Director (Financial Center Development), will oversee the Organization and People Development Group, which comprises People Development, Organization Development and Communications, Legal, and Corporate Services Departments, as well as the MAS Academy.

Phua, 45, began her career with MAS in 2006. She has served in various roles in MAS, including Prudential Policy, Markets Policy & Infrastructure and Financial Center Development departments.

Prior to joining MAS, she worked in Citibank Singapore Limited and in the Central Provident Fund Board.

Phua takes over the position from Wong Zeng Yi, who will be going on a secondment to Enterprise Singapore as Assistant Managing Director (Manufacturing), to drive industry and enterprise development.

Over the last four years, Wong has led the Group’s initiatives in supporting MAS staff’s professional development, and in driving MAS’ digital and organizational transformation.

These include the development of functional competency frameworks, launch of an internal mentoring program, and upskilling of staff including in artificial intelligence (AI) and data capabilities.

The group also strengthened MAS’ product management capabilities, and equipped leaders to drive digital transformation.

Under his stewardship, MAS has advanced its corporate sustainability agenda, by setting emission reduction targets and implementing energy efficiency measures.

Wong, 44, joined MAS in 2006 and has served in various roles in MAS, including Capital Markets, Banking, International, Financial Center Development departments.

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