Indian-origin banker Ravi Menon named central bank governor of the year for Asia-Pacific

An Indian-origin banker in Singapore has been named as the best central bank governor in Asia-Pacific for 2018, a media report said on Thursday.

Ravi Menon, managing director of Singapore’s central bank Monetary Authority of Singapore (MAS), was recognised by the leading UK-based magazine ‘The Banker’ for his contribution in the makeover of Singapore’s financial system.

The annual recognition is by magazine, a publication under The Financial Times Group, is based on a selection process involving a survey of bankers and economists.

The article noted that the MAS was among the first regulators to set up a dedicated fintech group that focuses on understanding technology’s risks and benefits.