SGX appoints Ng Yao Loong as deputy CFO

He will succeed Chng Lay Chew upon his retirement.

Singapore Exchange (SGX) announced the appointment of Ng Yao Loong as deputy chief financial officer with effect from 1 April 2020. He will succeed Chng Lay Chew as CFO from 1 October 2020 onwards, upon Chng’s retirement.

He was previously with the Monetary Authority of Singapore (MAS) where he spent more than seven years 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.

Prior to MAS, Ng was an investment banker with Morgan Stanley in Singapore and Citigroup in Hong Kong and London. He holds a Master of Business Administration from the Kellogg School of Management, Northwestern University, and a Bachelor of Arts from the University of Cambridge.

Chng will retire from SGX on 30 September 2020 after serving the company for close to nine years. He joined SGX in December 2011, bringing with him more than 30 years of experience in accounting and financial management, including leadership positions in leading local and international banks.