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Singapore Central Bank MAS Appoints Executive Director (Financial Centre Development) Phua Wee Ling as Assistant Managing Director (Organisation and People Development) Effective in 2026 (1/1/26) Succeeding Wong Zeng Yi Who Will be Seconded to Enterprise Singapore as Assistant Managing Director (Manufacturing)

1st November | Hong Kong

The Monetary Authority of Singapore (MAS) has appointed Executive Director (Financial Centre Development) Phua Wee Ling as Assistant Managing Director (Organisation and People Development) effective in 2026 (1/1/26), succeeding Wong Zeng Yi who will be seconded to Enterprise Singapore as Assistant Managing Director (Manufacturing).  Announcement (30/10/25): “  The Monetary Authority of Singapore (MAS) announced today the appointment of Ms Phua Wee Ling as Assistant Managing Director (Organisation and People Development). The appointment takes effect on 1 January 2026.  Wee Ling, current Executive Director (Financial Centre Development), will oversee the Organisation and People Development Group, which comprises People Development, Organisation Development and Communications, Legal, and Corporate Services Departments, as well as the MAS Academy.  Wee Ling takes over the position from Mr 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, Zeng Yi has led the Group’s initiatives in supporting MAS staff’s professional development, and in driving MAS’ digital and organisational transformation. These include the development of functional competency frameworks, launch of an internal mentoring programme, and upskilling of staff including in 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.”  Phua Wee Ling – Phua Wee Ling, 45, began her career with MAS in 2006. She has served in various roles in MAS, including Prudential Policy, Markets Policy & Infrastructure and Financial Centre Development departments. Prior to joining MAS, she worked in Citibank Singapore Limited and in the Central Provident Fund Board.  Wong Zeng Yi – Wong Zeng Yi, 44, joined MAS in 2006 and has served in various roles in MAS, including Capital Markets, Banking, International, Financial Centre Development departments. In his current appointment as Assistant Managing Director (Organisation & People Development) since April 2021, Mr Wong undertook various initiatives to strengthen organisational capabilities, drive digital transformation, and support leadership development.

“ Singapore Central Bank MAS Appoints Executive Director (Financial Centre Development) Phua Wee Ling as Assistant Managing Director (Organisation and People Development) Effective in 2026 (1/1/26) Succeeding Wong Zeng Yi Who Will be Seconded to Enterprise Singapore as Assistant Managing Director (Manufacturing) “

 



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Singapore Central Bank MAS Appoints Executive Director (Financial Centre Development) Phua Wee Ling as Assistant Managing Director (Organisation and People Development) Effective in 2026 (1/1/26) Succeeding Wong Zeng Yi Who Will be Seconded to Enterprise Singapore as Assistant Managing Director (Manufacturing)

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