The BIS Board of Directors have appointed Ravi Menon as the Chair of BIS Asian Consultative Council (ACC) for two years, with effect from September 26, 2019. Mr Menon is also the Managing Director of MAS. The ACC is a vehicle for communication between BIS shareholding central banks in Asia Pacific and the BIS on matters of interest and concern to regional central banks. It also provides guidance for the research and banking activities of the Asian Office of BIS.
Mr. Menon succeeds Veerathai Santiprabhob, Governor of the Bank of Thailand, who has chaired the Council since September 2017. The ACC consists of the Governors of the BIS member central banks in the Asia-Pacific region. These central banks are those of Australia, China, Hong Kong SAR, India, Indonesia, Japan, Korea, Malaysia, New Zealand, the Philippines, Singapore, and Thailand. The BIS Representative Office for Asia and the Pacific is located in Hong Kong Special Administrative Region (SAR) and it serves as the Secretariat for the ACC.
Keywords: International, Asia Pacific, Singapore, Hong Kong, Banking, Ravi Menon, Asian Consultative Council, BIS
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