The Monetary Authority of Singapore (MAS), the central bank and financial regulator of Singapore, has announced the appointment of Abigail Ng as its first dedicated Chief Sustainability Officer (CSO). Ng, who has been with MAS for nearly two decades, most recently served as the Head of the Markets Policy & Consumer Department. She takes over the CSO role following the departure of Gillian Tan, who was appointed to the position in 2022.
During her tenure, Tan was responsible for developing cohesive strategies and ensuring tighter coordination across MAS’s sustainability initiatives. Under her leadership, MAS launched significant projects such as the [Finance for Net Zero Action Plan](https://www.mas.gov.sg/news/media-releases/2022/singapore-launches-finance-for-net-zero-action-plan) to mobilise financing for Asia’s transition to a low-carbon economy, as well as the [Singapore-Asia Taxonomy for Sustainable Finance](https://www.mas.gov.sg/news/media-releases/2022/singapore-launches-taxonomy-to-define-green-and-transition-activities-across-key-sectors). Tan concurrently held the role of Assistant Managing Director (Development & International) and will continue her leadership within MAS’s Development & International Group.
MAS stated that with its sustainability agenda reaching a more developed and mature stage, the appointment of a dedicated CSO marks an opportune moment for leadership transition.
