SGX - Singapore Exchange Ltd

Chng Lay Chew joins SGX as CFO and Exco member

Press Release   •   Nov 29, 2011 15:37 SGT

Singapore Exchange (SGX) has appointed Mr Chng Lay Chew (庄 梨 洲) as Chief Financial Officer and a member of the Executive Committee effective 29 December 2011.

“We are pleased to have Mr Chng join the SGX team. His strong financial management experience in both Singaporean and international markets will add strength to our Executive Committee, providing valuable insights on financial and strategic directions as we continue to develop into Asia’s preferred exchange,” said Mr Magnus Bocker, CEO of SGX.

Mr Chng has a 32-year track record in accounting and financial management, including leadership positions in leading local and international banks. In his most recent role, he was responsible for the finance functions of DBS Group’s operations in all countries outside Singapore. He was also previously CFO of the bank’s Greater China business, supporting the integration and growth of the Hong Kong operations and the expansion into China. His earlier roles include senior finance positions in JP Morgan’s Singapore, Tokyo and New York offices.

Mr Chng is designated a Certified Public Accountant by both the New Zealand Society of Accountants and the Institute of Certified Public Accountants of Singapore. He holds a Bachelor of Commerce and Administration degree from New Zealand’s Victoria University.  

Mr Chng will report to Mr Bocker.

Singapore Exchange (SGX) is among the world's largest exchanges and Asia's second largest listed exchange. As the Asian gateway, SGX is the market of choice for investors wanting to participate in Asia's vibrant and rapidly growing economies, and for Asian issuers seeking international capital.