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Marcus Lim
Assistant Managing Director (Banking and Insurance) at Monetary Authority of Singapore (MAS)
Marcus Lim is a highly experienced financial executive currently serving as the Assistant Managing Director (Banking and Insurance) at the Monetary Authority of Singapore (MAS).1 In this role, he oversees the Banking and Insurance Group, which is responsible for supervising and regulating banks, merchant banks, finance companies, and insurance companies in Singapore.34
Professional Background
Marcus Lim has an extensive career in the financial sector, particularly within the Monetary Authority of Singapore. Some of his previous positions at MAS include:
- Executive Director of Banking Department I
- Head of Payments and Infrastructure Division
- Head of Anti-Money Laundering Policy
- Assistant Director
Throughout his career, Lim has demonstrated expertise in various areas, including:
- Policy development
- Payments systems
- Financial infrastructure
- Anti-money laundering
- Financial regulation
- Risk management
- International financial institutions
Education
Marcus Lim has a strong academic background in economics:
- Master of Arts from Harvard University
- Bachelor of Arts in Economics from the University of Chicago
Certifications
Lim holds the Certified Anti-Money Laundering Specialist (CAMS) certification from ACAMS, which he obtained in January 2017.1
Recent Activities
As part of his role at MAS, Marcus Lim actively participates in industry events and discussions. For example, he delivered a keynote speech titled "No Free Soloing" at the LIA Annual Luncheon on March 21, 2023. In this speech, he addressed various topics relevant to the insurance industry, including:
- The importance of the insurance sector in supporting the real economy
- Raising standards in the financial advisory space
- Efforts to detect and prevent misconduct in the industry
- The role of insurers in supporting the net zero transition2
Marcus Lim's LinkedIn profile (username: marcus-lim-0924702) reflects his current position at MAS and provides a platform for him to share insights and updates related to his work in the financial sector.5