Published On: Thu, Oct 30th, 2014

SGX Announces Resignation Of Chief Regulatory Officer

Magnus Bocker CEO of SGX -

Magnus Bocker CEO of SGX –

Singapore Exchange (SGX) on 29 October said Richard Teng, Chief Regulatory Officer, has decided to leave the organisation effective 28 February 2015.

He will be taking on the role of Chief Executive Officer of Abu Dhabi Global Market Regulator.

Magnus Bocker, CEO of SGX said, “During his seven years with SGX, Richard made significant contributions to our success as a world-class market regulator. He was instrumental in establishing a direct listing framework for China incorporated companies on the exchange, introducing a regulatory framework for secondary listings and augmenting safeguards in the stock market. While we will all miss him, we are also very proud that he has been presented with the opportunity to shape the regulatory landscape internationally. We wish him all the best in his new assignment.”

SGX is currently reviewing candidates and will announce the appointment of a new Chief Regulatory Officer in due course.

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