Change - Announcement of Cessation::RETIREMENT OF KEY EXECUTIVE - PRESIDENT

Issuer & Securities

Issuer/ Manager
SINGAPORE EXCHANGE LIMITED
Securities
SINGAPORE EXCHANGE LIMITED - SG1J26887955 - S68
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
27-Jun-2019 08:07:42
Status
New
Announcement Sub Title
RETIREMENT OF KEY EXECUTIVE - PRESIDENT
Announcement Reference
SG190627OTHRRI1U
Submitted By (Co./ Ind. Name)
Ding Hui Yun
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Retirement of Key Executive - President

Additional Details

Name Of Person
Muthukrishnan Ramaswami
Age
62
Is effective date of cessation known?
Yes
If yes, please provide the date
01/10/2019
Detailed Reason (s) for cessation
Mr Ramaswami has decided to retire and step down as President after 12 years with SGX.
Are there any unresolved differences in opinion on material matters between the person and the board of directors, including matters which would have a material impact on the group or its financial reporting?
No
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
No
Any other relevant information to be provided to shareholders of the listed issuer?
No
Date of Appointment to current position
01/07/2010
Does the AC have a minimum of 3 members (taking into account this cessation)?
Yes
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
5
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
President
Role and responsibilities
As a member of the Executive Management Committee of SGX, Mr Ramaswami has direct oversight of Technology, Operations, Market Data and Connectivity and Membership and International Coverage functions of the SGX Group.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Nil
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
SGX - 556,398 shares
Past (for the last 5 years)
1. Info-communications Development Authority of Singapore
2. Accounting and Corporate Regulatory Authority (ACRA)
Present
1. Singapore Exchange Securities Trading Limited
2. Singapore Exchange Derivatives Trading Limited
3. The Central Depository (Pte) Limited
4. Singapore Exchange Derivatives Clearing Limited
5. SGX Bond Trading Pte. Ltd.
6. Energy Market Company Pte Ltd
7. Singapore Commodity Exchange Limited
8. SGX International Pte. Ltd.
9. Joint Asian Derivatives Pte. Ltd.
10. PeepalTree Pte Ltd
11. Government Technology Agency (GovTech)