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Singapore Commodity Exchange board named

20 November 2008  |  5907 views  |  0 Source: Singapore Commodity Exchange

Singapore Commodity Exchange Limited (SICOM) is pleased to announce today the members of its new Board of Directors.

The Board comprises Singapore Exchange Limited (SGX) senior management and prominent members of the commodities industry, including two senior members of the rubber community.

The members of the new SICOM Board are:

  1. Mr Hsieh Fu Hua (Chairman of the SICOM Board), Chief Executive Officer (CEO), SGX
  2. Mr Gan Seow Ann, Senior Executive Vice President (SEVP) & Head of Markets, SGX
  3. Mr Seck Wai Kwong, SEVP & Chief Financial Officer, SGX
  4. Mr Jeremy Ang, CEO, SICOM
  5. Mr Jim Rogers, Chairman, Beeland Interests, Inc
  6. Mr Oei Hong Bie, Chairman, Tong Teik Pte Ltd
  7. Mr Michael Coleman, Managing Director (MD), Aisling Analytics Pte Ltd
  8. Mr Sridhar Krishnan, Senior MD, Olam International Ltd
  9. Mr Tan Khiam Hock, Assistant General Manager, Regional Rubber Trading Co Pte Ltd

"I look forward to taking guidance from the new SICOM Board. They are all distinguished members of the commodities industry and bring with them many years of experience. SICOM hopes to tap on their knowledge and insights as we seek to expand our suite of commodity products. On behalf of SICOM, I would also like to thank the former Board members for their valuable guidance and contributions over the years," said Mr Jeremy Ang, CEO of SICOM.

"I am personally a big believer in the long-term prospects of the commodities industry, especially in Asia where the potential for growth is tremendous. With the strong support given by the regulators here and the established infrastructure, SICOM has a good chance of becoming a premier price discovery and risk management centre for commodities traded in Asia. I am pleased to join the SICOM Board, and look forward to many constructive discussions as we chart SICOM's future," said Mr Jim Rogers.

Mr Jim Rogers is the co-founder of the Quantum Fund and author of bestselling books titled "Investment Biker: On the Road with Jim Rogers", "Adventure Capitalist: The Ultimate Road Trip", "Hot Commodities: How Anyone can invest Profitably in the World's Best Market", and "A Bull In China". Mr Rogers is also a financial commentator frequently featured in Time, The New York Times, Forbes, Fortune, The Wall Street Journal and the Financial Times. He is also a renowned international investor.

Mr Oei Hong Bie has over 60 years of experience in the rubber trade and is also the founder of RCMA Commodities Asia Group. He was formerly RCMA Commodities Asia Chairman from 1998 to 2002.

Mr Michael Coleman has 26 years of commodity trading and trading management experience, previously in Cargill and U Derivatives. He was formerly the Chairman of the Singapore International Chamber of Commerce Rubber Association (SICCRA).

Mr Sridhar Krishnan is a member of Olam's Corporate Executive Team. He is also responsible for the company's global rice, wood products and shipping operations.

Mr Tan Khiam Hock has 46 years experience in the marketing, trading, production, logistics and shipping of rubber. He also holds directorship in Lee Rubber Group, a related company of Regional Rubber.

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