SGX Group to have new chairman from Jan 1, 2023

The Singapore Exchange has announced that its current chairman Kwa Chong Seng will be replaced by Koh Boon Hwee effective January 1, 2023. Kwa will be stepping down on December 31 as part of its board renewal process. Koh was appointed to the board in March this year. Ravi Menon, managing director, Monetary Authority of Singapore (MAS), said Kwa’s contributions to SGX Group have been outstanding. As chairman, Kwa successfully led SGX Group to position itself as a multi-asset exchange and a leading and trusted market infrastructure in Asia. Menon said MAS welcomes SGX Group’s announcement of its leadership renewal and looks forward to working with its incoming chairman in the next phase of SGX Group’s development. Koh said he was honoured to have the opportunity to serve as chairman of the SGX.