The Monetary Authority of Singapore (MAS) has appointed Phua Wee Ling as Assistant Managing Director for Organisation and People Development, effective 1 January 2026.

Currently Executive Director of Financial Centre Development, Phua will oversee the Organisation and People Development Group, which covers the People Development, Organisation Development and Communications, Legal, and Corporate Services departments, along with the MAS Academy.

She succeeds Wong Zeng Yi, who will be seconded to Enterprise Singapore as Assistant Managing Director (Manufacturing) to support industry and enterprise development.

Wong, who has led the group since 2021, introduced functional competency frameworks, launched a mentoring programme, and promoted upskilling in AI and data capabilities.

He also strengthened product management functions, supported leadership development, and advanced MAS’s sustainability agenda through emission reduction targets and energy efficiency measures.

Phua joined MAS in 2006 and has held roles across prudential policy, markets infrastructure, and financial centre development.

Before that, she worked at Citibank Singapore and the Central Provident Fund Board.

Featured image: Edited by Fintech News Singapore, based on image by EyeEm via Freepik