The Managing Director of Monetary Authority of Singapore (MAS) was recognised the leading UK based magazine ‘The Banker’ for his efforts in the makeover of the financial system of Singapore.
![Ravi Menon Named Best Central Bank Governor in Asia-Pacific Ravi Menon Named Best Central Bank Governor in Asia-Pacific](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj00MEjcqY-aOTugWhgC1VZM9hmSWwO9TkjwNjNFEwWi7K8H7ht5uK1lgBpJXLnCc5eijnsRaH628b901-yCYV8a-GYxvNgC4CSeq-VePJ3AkXxZaPlHy6hlHvoC_cI4y0oOG-Pt-vZWIc/s400-rw/ravi-menon.jpg)
- The reason for selecting Ravi Menon was that the MAS, country's central bank, stands out for its cutting-edge regulatory approach to fintech while maintaining macroeconomic stability.
- Singapore's Finance Minister Heng Swee Keat was also named the best banker in 2011. He was then as MAS's managing director.
- Over the last three years, the central bankers of Vietnam, India and Bangladesh were named for the recognition.