He will take up the role of deputy chief financial officer on 1 April, and will succeed the current CFO, who is retiring on 30 September.
Singapore Exchange (SGX) has appointed Ng Yao Loong as deputy chief financial officer (CFO), a role he will hold until 1 October, when he will succeed Chng Lay Chew as CFO, according to a press release issued this week.
Ng left the Monetary Authority of Singapore (MAS) in May 2019, after spending more than seven years there in senior positions including assistant managing director of the Development and International group as well as executive director of the Markets Policy and Infrastructure department and Financial Markets Strategy department, the announcement said.
He also previously held roles at Morgan Stanley in Singapore and Citigroup in Hong Kong and London.
Veteran Retires
Current CFO Chng is retiring after more than three decades in accounting and financial management, including almost nine years at SGX and almost 10 years at DBS Bank.
SGX chief executive Loh Boon Chye paid tribute to Chng's contributions, saying he played a key role in many of its strategic investments, corporate treasury and financing activities, including the establishment of SGX's first multicurrency debt issuance program.
