RULES OUT JOINING POLITICS
This guy Menon, he’s been working at the central bank forever, man. Since 1987, can you believe that? Started off doing all kinds of stuff, like monetary policy, econometric forecasting, banking regulation. And now, he’s been the managing director since 2011. That’s a long-ass time, dude.
Before that, he was big shot at the Ministry of Trade and Industry and the Ministry of Finance. Talk about climbing up the ladder, man. This guy knows his stuff.
According to Menon, working at the central bank has been a wild ride. He’s all about upskilling the financial sector workforce, making sure they’re ready for the future. And he’s proud to say that despite all the talk about jobs being lost due to digitalization, they’ve actually created more jobs than they expected. That’s a win, my friend.
They had this plan to create 3,000 net jobs every year, but they crushed it, man. They went above and beyond, creating 4,100 jobs each year from 2016 to 2020. That’s some serious growth, dude.
And let’s not forget about the fintech game. The central bank was ahead of the curve on that one. They set up these sandboxes where companies can test out their innovations before releasing them to the public. And they’re all about promoting innovation within the industry. It’s given Singapore a leading position in the financial world. This Menon guy must be proud of that.
Now, he’s stepping down, making way for this other guy, Chia Der Jiun. He’s gonna take over and keep the train moving. But what’s Menon gonna do after retirement? He told CNA he’s gonna enjoy being unemployed for a bit, but not for too long. He’s got plans, man.
He’s passionate about technology and innovation, social inclusion and cohesion, and climate change and sustainability. He wants to make a difference in those areas. Some might say he should go into politics to really make a change, but he’s not interested. He believes there are other ways to contribute to human welfare, man. Politics isn’t the only game in town.
And when asked if he’s been approached by any political parties, he brushed it off. It ain’t important to him, man. He’s got bigger things to focus on.
Additional reporting by Elizabeth Neo