The Monetary Authority of Singapore (MAS) has announced the appointment of Phua Wee Ling as the new Assistant Managing Director for its Organisation and People Development Group, effective from 1 January 2026. Currently serving as Executive Director for Financial Centre Development, Phua will succeed Wong Zeng Yi, who will transition to Enterprise Singapore as Assistant Managing Director for Manufacturing.
Phua will oversee several departments, including People Development, Organisation Development and Communications, Legal, and Corporate Services, as well as the MAS Academy. Her extensive experience within MAS, where she has held various roles since 2006, positions her well for this leadership role. Prior to her tenure at MAS, Phua worked with Citibank Singapore Limited and the Central Provident Fund Board.
Wong Zeng Yi, who has been with MAS since 2006, has significantly contributed to the Organisation and People Development Group since his appointment in April 2021. His initiatives have included developing functional competency frameworks, launching an internal mentoring programme, and enhancing staff skills in artificial intelligence and data capabilities. Under his leadership, MAS has also advanced its corporate sustainability agenda by setting emission reduction targets and implementing energy efficiency measures.
Phua’s appointment marks a new chapter for the Organisation and People Development Group as MAS continues to focus on digital transformation and sustainability. Her leadership is expected to further strengthen MAS’s organisational capabilities and support the professional development of its staff.
