Singapore, Nov 22, 2013 - (ACN Newswire) - Singapore Exchange (SGX) today said Yeo Lian Sim is retiring as Chief Regulatory & Risk Officer at the end of this year. At the same time, SGX is appointing new heads for its regulatory and risk management units as it prepares for the next lap as a leading international exchange.
Magnus Bocker, CEO of SGX said, "Lian Sim has built SGX's Risk Management and Regulatory function into a well-respected, professional organisation with a worldwide reputation for expertise and execution. She has been tireless in her pursuit of regulating a fair, orderly and transparent marketplace. We thank her for her invaluable contribution and send with her our very best wishes for a long and happy retirement, within which we are pleased she will continue her association with SGX as Special Advisor."
Effective 1 January 2014, SGX's Regulatory function will be led by Richard Teng, as Chief Regulatory Officer and the Risk Management function will be led by Agnes Koh as Chief Risk Officer.
Richard Teng has been Deputy Chief Regulatory Officer since 1 January 2012. Prior to that he was Head of Issuer Regulation and concurrently Head of Enforcement and Market Surveillance. Before joining SGX, he was Director of the Corporate Finance Division at the Monetary Authority of Singapore.
Agnes Siew-Koh has been Head of Clearing Risk since 1 July 2010 and was previously Senior Vice President of Risk Management. Among other positions held prior to joining SGX, Ms Siew-Koh was an Assistant Director at the Monetary Authority of Singapore.
Magnus Bocker commented, "SGX's position in this highly competitive industry is built on high standards in governance and risk management. I look forward to working with Richard and Agnes to take SGX to new heights as a market leader and operator. I have no doubt that, given their strong track records, they will discharge their expanded roles with distinction, mindful that our customers have entrusted us with their savings, investments and fund-raising needs."
About Singapore Exchange (SGX)
Singapore Exchange (SGX) is the Asian Gateway, connecting investors in search of Asian growth to corporate issuers in search of global capital. SGX represents the premier access point for managing Asian capital and investment exposure, and is Asia's most international exchange with more than 40% of companies listed on SGX originating outside of Singapore. SGX offers its clients the world's biggest offshore market for Asian equity index futures, centred on Asia's three largest economies - China, India and Japan.
In addition to offering a fully integrated value chain from trading and clearing, to settlement and depository services, SGX is also Asia's pioneering central clearing house. Headquartered in Asia's most globalised city, and centred within the AAA strength and stability of Singapore's island nation, SGX is a peerless Asian counterparty for the clearing of financial and commodity products. For more information, please visit www.sgx.com.
Source: Singapore Exchange (SGX)
Contact:
Joan Lew
Marketing & Communications
Tel: +65 6236 8658
Email: Joan.lew@sgx.com
Carolyn Lim
Marketing & Communications
Tel: +65 6236 8139
Email: Carolyn.lim@sgx.com
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