Mr Leong Sing Chiong was appointed as Deputy Managing Director for Markets and Development on 1 February 2021. He oversees the Markets & Investment, Development & International, FinTech & Innovation, as well as Sustainability Groups. Prior to this, Mr Leong served as Assistant Managing Director overseeing the Monetary & Domestic Markets Management Department and the Reserves Management Department since June 2018. He also served as Assistant Managing Director of the Development and International Group from 2013-2018.
Mr Leong began his MAS career with the Reserves Management Department in 1993 and served as Staff Assistant to the Managing Director from 1997-1998. In 1999, he joined the Monetary Management Division and was responsible for the implementation of MAS’ monetary policy and money market operations. Thereafter, Mr Leong was appointed Chief Representative of MAS’ London Representative Office from 2002-2004. Mr Leong spent six years with the International Department from 2004-2010 and was appointed as the Executive Director of Financial Centre Development Department from 2010-2013.
Mr Leong is a recipient of the Public Administration Medal (Silver). He holds a B.Sc Economics (Monetary Economics) from the London School of Economics and is married with two children.
Roundtable 1
Invite-Only
Real-time payments are transforming digital payments for consumers, businesses and governments by delivering new levels of speed, innovation and efficiency. Today more than 60 countries already have instant (or "fast") payment systems (IPS) that allow these transactions to happen in mere seconds. But sending money abroad is often still slow and expensive.
In this roundtable, participants will seek possible solutions to connect these domestic IPSs internationally, with the goal of improving the speed, cost and transparency of cross-border payments.
Roundtable 2
Invite-Only
There has been widespread interest regarding the use of GenAI – ranging from the amazing possibilities it unlocks for organisations, to the development costs/accessibility required to adopt new technologies. Join us for a discussion on whether the financial services industry is ready to collaborate on developing an industry utility powered by GenAI, and if the benefits will outweigh the costs of doing so.
The Festival
Global Platforms
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