Singapore Exchange (SGX Group) has appointed Daniel Koh as CFO-designate effective Oct 1. He will succeed Ng Yao Loong as CFO from Dec 1 as Ng transitions to the position of head of equities.
Koh played a pivotal role in advancing industry development in Singapore and the region, says SGX in a Sept 23 announcement. He was previously with Standard Chartered Bank as managing director, global head of treasury markets.
SGX Group CEO Loh Boon Chye says Koh’s deep expertise in financial services and strategic insights will greatly support SGX’s long-term goals. “Over the past four years, our current CFO, [Ng], has been instrumental in guiding the company through its growth phases while ensuring financial resilience and creating value for our shareholders. We would like to thank him for his dedication and look forward to having [Koh] join us in steering SGX Group through its next phase of growth and transformation.”
Shares in SGX closed 11 cents lower, or 1% down, at $11.25 on Sept 20.
