Mr Menon, who turns 59 this year, has been at the helm of the central bank since 2011 and was rumoured to leave MAS this year when his term ends on May 31.
MAS said in a statement on Friday that it had extended its longest-serving chief's tenure as managing director until May 31, 2025, or until his retirement from the public service, whichever is earlier.
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MAVS TAKE ANOTHER SHOT
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