General Announcement::SGX announces resignation of Chief Regulatory Officer

Issuer & Securities

Announcement Title: General Announcement
Date &Time of Broadcast: 29-Oct-2014 17:13:40
Status: New
Announcement Sub Title: SGX announces resignation of Chief Regulatory Officer
Announcement Reference: SG141029OTHR2E8S
Submitted By (Co./ Ind. Name): Carolyn Lim
Designation: VP, Marketing & Comms
Description (Please provide a detailed description of the event in the box below): Singapore Exchange (SGX) today said Richard Teng, Chief Regulatory Officer, has decided to leave the organisation effective 28 February 2015.

He will be taking on the role of Chief Executive Officer of Abu Dhabi Global Market Regulator.

Magnus Bocker, CEO of SGX said, During his seven years with SGX, Richard made significant contributions to our success as a world-class market regulator. He was instrumental in establishing a direct listing framework for China incorporated companies on the exchange, introducing a regulatory framework for secondary listings and augmenting safeguards in the stock market. While we will all miss him, we are also very proud that he has been presented with the opportunity to shape the regulatory landscape internationally. We wish him all the best in his new assignment.

SGX is currently reviewing candidates and will announce the appointment of a new Chief Regulatory Officer in due course.

For more information on SGX s regulation unit, please go to: http://www.sgx.com/wps/portal/sgxweb/home/regulation/howwereg

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