Singapore Exchange Limited (SGX) today announced the appointment of Mr Chew Sutat as its new Executive Vice President and Head of Development with effect from 1 June 2007.
Mr Chew will lead the group in the development of new business areas and new products to advance SGX's position as an Asian gateway. He will also be responsible for identifying, establishing and analysing opportunities for the company's growth and expansion. Mr Chew will be taking over from Mr Seck Wai Kwong, Senior Executive Vice President and Head of Post Trade & Retail group, who is the interim head of the Development group.
"I would like to thank Wai Kwong for helping to build the Development group since its formation in December last year. SGX is continually strengthening our management team. We look forward to welcoming Sutat. He will bring with him valuable experience in innovative product development and strategic business ventures. Sutat has a proven track record in establishing investment and treasury products, and a deep understanding of the global market," said Mr Hsieh Fu Hua, CEO of SGX.
Mr Chew will join SGX from Standard Chartered Bank, where he is the Group Head of Investment & Treasury Products for the Wealth Management Business. He established a series of industry firsts with innovative products that addressed the needs of different market segments across the region. Mr Chew previously held executive positions in OCBC Securities and DBS Bank.
Mr Chew has a Bachelor of Arts degree, First Class Honours, in Philosophy Politics & Economics (PPE) from Oxford University, Keble College. He was the top student in PPE from Keble College, and was conferred a Master of Arts degree (Oxon).