SGX announces new organisation structure

SGX announces new organisation structure

30/06/10

Singapore Exchange (SGX) today announced a new organisation to better capitalise on emerging Asian opportunities in the fast-changing global financial markets.

Starting from 1 July, there will be 10 Business Units and 7 Support Units to provide sharper focus on key products and customer segments.  Risk Management & Regulation continues to provide the regulatory balance and manage risk for the organisation.

The new structure reaffirms SGX’s Asian gateway strategy and caters for the continued growth of its business.

Key changes include:

  1. Mr Gan Seow Ann and Mr Muthukrishnan Ramaswami will be appointed as Co-Presidents. Their role is to steer and grow SGX, jointly with CEO, Mr Magnus Bocker.
  2. Mr Chew Sutat will assume a new role as Head, Corporate and Market Strategy, reporting directly to CEO.  In addition, he will oversee the Securities business.

The composition of the SGX Executive Committee remains unchanged. 

The new organisation structure is available on SGX website at www.sgx.com