Search
Close this search box.

Our members are wholesale market practitioners in originations, trading, sales, management and operations. Dealing in asset classes covering currencies, interest rates, equities, commodities and their derivatives and holding positions ranging from junior dealers to treasury managers, and country heads of banks and financial institutions operating in Singapore.

51TH EXECUTIVE COMMITTEE (EXCO) 2024

Jacky Tai

President

DBS Bank

Eileen Chia

Deputy President A

UOB

Leng Hoe Lon

Deputy President B

Nomura Singapore

Kenneth Kan

Honorary Secretary

Dymon Asia Capital

Samuel Koh

Honorary Treasurer

OCBC Bank

Chuan Jin Fong (CJ)

Committee Member

GSR

Jack Loh

Committee Member

ING Bank N.V. Singapore Branch

Jesse Chan

Committee Member

Nittan Capital Singapore

Jimmy Poh

Committee Member

OCBC Bank

Lee Beng Hong

Committee Member

SGX Group

Marc Bonnici

Committee Member

Tullett Prebon Singapore

Ping (Yan Pheng) Tan

Committee Member

Bank of America

R.Ravichandran

Managing Director

Financial Markets Association of Singapore

Rohit Verma

Committee Member

LSEG

Kevin Burke

Honorary Auditor

JB Drax Honoré

Samuel Lim

Honorary Auditor

Barclays

Avinash Ahuja

Co-Opt Committee Member

Bloomberg

Patrick Leung

Co-Opt Committee Member

BlackRock

SUB COMMITTEES

Education Sub-Committee

Kenneth Kan

Chairperson

Dymon Asia Capital

Lim Shu Wei

Committee Member

Morgan Stanley

Rohit Verma

Committee Member

LCH

Samuel Lim

Committee Member

Barclays

Stephanie Yeo

Committee Member

Bloomberg LP

Members' Engagement and Events Sub-Committee

Marc Bonnici

Chairperson

Tullett Prebon (Singapore) Pte Ltd

Chris Chen

Committee Member

LSEG

Eileen Chia

Committee Member

UOB Ltd

Kevin Burke

Committee Member

JB Drax​ Honore

Lee Beng Hong

Committee Member

SGX Group

Li Zhen

Committee Member

DBS Bank​ Ltd

Ping (Yan Pheng) Tan

Committee Member

Bank of America

CG24 Sub-Committee

Jimmy Poh

Chairperson

OCBC Bank

Bryan Yap

Treasurer

Daun Consulting (S) Pte Ltd

Jacky Tai

Committee Member

DBS Bank Ltd

Joe Chong

Committee Member

OCBC Bank

R.Ravichandran

Committee Member

FMAS Managing Director

Women@FMAS

Tan Ping

Chairperson

Bank of America

Eileen Chia

Committee Member

UOB Ltd

Lisa Spiteri

Committee Member

360T

Payton Lee

Committee Member

Bloomberg

Sabrina Tan

Committee Member

Scotiabank

Silvia Wong

Committee Member

Talos

Vernice Moh

Committee Member

FMAS

AFMF 2024

Leng Hoe Lon

Chairperson

Nomura Singapore

Jimmy Poh

Committee Member

OCBC Bank Ltd

John Ho

Committee Member

Standard Chartered Bank

Kenneth Kan

Committee Member

Dymon Asia Capital

Lee Beng Hong

Committee Member

SGX Group

Rohit Verma

Committee Member

LCH

Ping (Yan Pheng) Tan

Committee Member

Bank of America

Jacky Tai

President

DBS Bank

Jacky Tai is the Group Head of Trading & Structuring for Treasury & Markets at DBS Bank. Assuming this role since 2018, Jacky has been responsible for the management of trading, market making, product structuring and risk warehousing activities across asset classes regionally.

He joined Treasury & Markets at DBS in 1999 and was tasked to build up DBS Greater China trading operations in Hong Kong, Taiwan, and China. In addition to driving business outcomes, the teams in Greater China have also won many awards and accolades in local and derivatives markets from Asian Risk, Global Finance, Banker, and other leading market intelligence under Jacky’s stewardship.

An avid innovator and market pioneer, Jacky has also represented DBS Hong Kong, Singapore, and China in public forums and associations initiated by regulators such as the Hong Kong Treasury Market Association committee, ACI, ASFIMA task force, China QFII, Singapore RQFII, FX Global Code, Blue Book, China Bond Connect. Most recently, he was appointed as Treasurer of the Financial Markets Association of Singapore in January 2021. Jacky is also a strong believer in embracing Asian connectivity and digitalisation for the advancement of financial markets. He was recently conferred the IBF Fellow Award in Financial Markets in 2022.

Before joining DBS Bank, Jacky was Head of Asian Derivatives Trading at Dresdner Bank AG. He has also worked at Nomura, and JP Morgan in Hong Kong, Singapore, and New York.

Jacky graduated with a Bachelor of Science (Hons) in Computer Science from the Chinese University of Hong Kong.

Eileen Chia

Deputy President A

UOB

Ms. Eileen Chia has over 20 years of banking experience in Global Market Sales. She leads a global sales team with presence in all major ASEAN and greater China markets, supporting various client segments from Financial Institutions to Large corporates, Small & Medium Enterprises and Retail customers.

Before UOB, Ms. Chia spent the earlier part of her banking career in Bank of America before assuming leadership roles in Nomura and Bank of Tokyo Mitsubishi. Ms. Chia serves on the executive committee of Financial Markets Association of Singapore and is a supporter of the mentorship program under Financial Women’s Association of Singapore.

Leng Hoe Lon

Deputy President B

Nomura Singapore

Mr. Leng Hoe Lon is Global Head of FX Flow & EM Linear Rates Trading Global Markets, AEJ at Nomura Singapore. He also leads Nomura’s Cross Markets proprietary trading business in Asia.

Hoe Lon has 25 years of experience in trading and investing in financial markets. He started his career at Deutsche Bank, followed by trading roles across Asia and London with JP Morgan, ABN AMRO, Goldman Sachs, and Tudor Capital. Prior to joining Nomura, Hoe Lon was Head of Financial Markets (Singapore, Brunei and Australia) and Head of Macro Trading (ASEAN and South Asia) at Standard Chartered Bank.

In addition to his sellside and buyside experience, Hoe Lon has been a founder, advisor, and investor of various startups in Artificial Intelligence, Data Analytics, and Blockchain. He has published two books: Decrypted – A Financial Trader’s Take on Cryptocurrency and Deflated – How To Find Your Footing in a Shaky Blockchain Investment World.

Hoe Lon earned a bachelor’s degree from the University of Warwick, and he is a CFA charterholder.

Kenneth Kan

Honorary Secretary

Dymon Asia Capital

Mr. Kenneth Kan is the Managing Partner and Deputy CEO at Dymon Asia Capital. With extensive experience in trading and portfolio management, he joined Dymon Asia in 2012 and has since played a vital role in the firm’s growth.

As Deputy CEO, Mr. Kan focuses on human and investor capital, overseeing the Business Development department, ESG efforts, Investor Relations, Human Resources, Communications, CSR, and Office Administration.

Mr. Kan’s industry involvement extends beyond his role at Dymon Asia. He serves on the Exco of the Financial Markets Association of Singapore (FMAS), where he also chairs the Education sub-committee. Furthermore, he actively participates in three working groups initiated by the Monetary Authority of Singapore (MAS): the Human Resources Industry Group, the Singapore Foreign Exchange Market Committee and the Financial Sector Tripartite Committee. He is also a valued member of the SBAI ESG working group and holds the distinction of being an IBF Fellow.

Outside of his professional roles, Mr. Kan contributes to non-profit organizations as a board member of The Majurity Trust, Ray of Hope, and the Children’s Museum of Singapore. He graduated from Santa Clara University with a Bachelor of Science in Commerce (Finance).

Through his leadership and expertise, Mr. Kenneth Kan continues to make a significant impact in the financial sector and the community.

Samuel Koh

Honorary Treasurer

OCBC Bank

Mr Samuel Koh joined Global Markets, OCBC Bank in April 2013. His current role is the Head of International, Global Markets. With more than thirty years of experience in the financial market, he has been a thought leader at various stages of the development in the emerging markets in Asia. He started his career with Citibank Singapore in 1990 and has worked in various capacities in Citibank, Pacific Asset Management and OCBC Bank in Singapore, as well as HSBC and Bank of China in Hong Kong.

During the span of his career, he was involved in the development and trading of Asian regional currencies Interest Rate and FX Derivatives. In 1998, he transacted the first interbank Singapore Dollar interest rate option contract. On top of that, he spends time training and mentoring the newer generations of financial market professionals across many countries.

From 2016 to 2022, he was the Deputy President of the Financial Markets Association of Singapore (previously known as ACI Singapore). Starting 2023, he took on the role of Honorary Treasurer. Within the organisation, he promotes the welfare and education of financial market practitioners in Singapore. He was the Chairman of the ACI Charity Golf which raises funds for charity organisations in Singapore in 2007, 2008 and 2017. He was awarded the 2019 Institute of Banking and Finance, IBF Fellowship Award, recognising his contribution to the financial industry in Singapore.

Mr Koh holds a Bachelor of Business Administration from the National University of Singapore and a Masters in Applied Finance from Macquarie University Australia.

Chuan Jin Fong (CJ)

Committee Member

GSR

Chuan Jin (CJ) Fong is a Managing Director and the Head of APAC & EMEA Sales at GSR, one of the largest global digital assets market makers and trading shop. Before entering the crypto market CJ started his career on the trading floor in Hong Kong as a Fixed Income Structurer at Morgan Stanley before switching roles to head up Fixed Income Solutions for Morgan Stanley Private Bank in APAC. He also worked for Nomura Private Bank, where he focused on key client solutions in both public and private markets. CJ holds a double degree from Singapore Management University.

Jack Loh

Committee Committee

ING Bank N.V. Singapore Branch

Jack joined ING Bank in 2011 and is currently the Head of Corporate Sector Coverage for APAC. He has held different roles at ING Bank, previously as Global Head of Financial Markets Sales, Regional Head of Client Solutions Group and Head of FM in Hong Kong.

Jack joined the banking industry in 1993. Before ING, he was a Managing Director in Morgan Stanley where he joined in 2005 and headed the Regional Corporate Sales and solutions businesses. He also worked at JPMorgan Chase in New York, Hong Kong and Singapore in various cross-assets roles covering institutional investors and corporates.

Jack holds a MS degree from Stanford University and a BS from The Ohio State University.

Jesse Chan

Committee Member

Nittan Capital Singapore

Jesse Chan is the Managing Director of Nittan Capital Singapore. She joined Nittan since 2012 and was appointed to head the Non-Deliverable Forwards Desk in 2017 before assuming the leadership role.

Jesse has an extensive broking experience of more than 15 years which she has worked across a number of divisions in both Singapore and Hong Kong that includes setting up new desks and covering products such as Taiwan Dollar IRS, FX Options and Non-Deliverable Forwards.

She leads the management and also works closely with her young, robust and dedicated team, always providing excellent service and relentless pursuit of better.

Jimmy Poh

Committee Member

OCBC Bank

Mr. Jimmy Poh joined OCBC in 2010 and is a member of OCBC Global Markets Division’s management team. In addition, he leads the Interest Rate Management team in Singapore and oversees the Global Balance Sheet Management (BSM) team across multiple centres. Prior to his current role, Mr. Poh was the Head of Greater China Trading and later for North Asia Trading at OCBC, where he played a pivotal role in expanding the bank’s presence in China.

With a career spanning since 1994, Mr. Poh has gained valuable and extensive working experience in global banks, starting with Bank of America in Singapore, followed by positions at Bank of Nova Scotia and Lehman Brothers in Tokyo. He then returned to Singapore and worked with Dresdner, Standard Chartered, and finally OCBC Bank. This extensive experience has not only equipped him with the necessary skills to effectively lead, but also a deep understanding of global financial market operations.

Mr. Poh holds a double degree in Computer Science (BSc) and Economics (BA) from the University of Michigan, Ann Arbor, and a Master’s degree in Applied Finance from Macquarie University, Australia. He is passionate about leveraging data-driven decision-making processes and advocating for the digitalization of financial assets.

Lee Beng Hong

Committee Member

SGX Group

As the Head of Wholesale Markets & Platforms, Mr Lee Beng Hong spearheads the growth and development of the Group’s off-exchange marketplace and cutting-edge technology services, in the areas of digitalisation and automation.

Mr Lee leads the Group’s platform technology, including its global leading electronic FX trading workflow platforms BidFX and MaxxTrader, and oversees the Group’s strategic investments in Trading Technologies, Trumid and Marketnode.

He has management responsibility for SGX CurrencyNode, the Group’s FX electronic communication network and Energy Market Company, the market operator of the National Electricity Market of Singapore. He also heads up SGX’s fixed income business, from origination, listing to trading.

Mr Lee joined the Group on 1 August 2019 to spearhead its fixed income, currencies and commodities business, as part of SGX Group’s efforts to build scale in multiple asset classes. Under his leadership, the Group’s FX business
expanded substantially beyond FX derivatives to include FX technology and workflow solutions.

With over 20 years of experience in financial markets, Mr Lee held various senior roles in Deutsche Bank, specialising in Asian FICC trading, structuring, sales and coverage. He most recently led Deutsche Bank’s financing and solutions group for North Asia, in addition to his responsibilities as Executive Vice President of Deutsche Bank China and Head of Global Markets, China.

He started his career in Deutsche Bank Singapore, where he managed rates and FX trading books across G3 and Asian markets.

Mr Lee holds a Master of Science in Financial Engineering from Nanyang Technological University, as well as a Master of Engineering (Civil) from National University of Singapore.

Marc Bonnici

Committee Member

Tullett Prebon Singapore

Mr Marc Bonnici joined Tullett Prebon (Singapore) Ltd as Director of Interest Rate Swaps in July 2005 and is currently the Chief Executive Officer. He began his career as a Trainee Money Broker at Garban London (formerly Harlow Butler London) in 1997. He has more than twenty years of experience in the money broking market. He specializes in regional OBS products, with majority focus on SGD OBS. His team covers areas such as fixed income securities and derivatives, interest rate derivatives and treasury products.

Mr Bonnici is currently an Executive Committee Member at FMAS and SMBA.

Ping (Yan Pheng) Tan

Committee Committee

Bank of America

Ping Tan is a Managing Director at Bank of America (BofA). She heads the Asia EFX & Asia Transactional FX trading teams based out of Singapore, with global oversight of the principal EFX traders managing risks for the electronic FX franchise. Besides her trading risk mandate, she is also responsible for product development strategy across Global FX & Emerging Markets, including EFX to continue expanding BofA’s electronic offering, in addition to overseeing all regulatory and governance-related matters for EFX business globally.

Ping joined the BofA Singapore office in 2004 as an Emerging Markets FX trader before being posted to the London office in 2006 and established the EFX trading desk operation globally in 2007. She relocated to Hong Kong office in October 2015 to and had the opportunity to move back to the Singapore office in May 2022 on the back of her expanded global role into Product Strategy.

Beyond her day job, Ping is heavily involved in various D&I initiatives at the firm including BofA Philanthropy Committees in Hong Kong and Singapore, as well as past leadership roles chairing the APAC FICC Employee Engagement Committee, co-chair of Hong Kong Parents & Caregivers Network, APAC Women Leadership Council, Global Markets Campus Committee, and proud recipient of 2016 Global Volunteer Award. Outside the firm, she sits on FMAS (formerly ACI Singapore) Executive Committee and chairs the Women@FMAS sub-committee, represents FMAS in the Global ACI Women in Global Markets sub-committee.

Ping graduated from Nanyang Technological University of Singapore with a Bachelor’s Degree in Accountancy.

R.Ravichandran

Managing Director

Financial Markets Association of Singapore

Ravi started his career in the financial markets as a broker followed by a couple of years’ stint in Tokyo. In 1994, Ravi joined HSBC’s Global Markets sales team in Singapore where he worked for twelve years covering execution flow in treasury products before joining Traditions to establish the THB IRS Desk. In 2006, Ravi joined SCB Singapore to cover the SEA Financial Institutions and Central Banks on flow execution and soon after, headed the bank’s sales desk. Ravi has always dedicated himself in building lasting relationships in Singapore and in the region.

In 2019, Ravi joined FMAS as the Managing Director, spearheading the association’s mandate for its members’ networking, education courses as well as mooting of the Asia Financial Market Forum. Ravi is also a member of ACI FMA Global Board of Education. Most importantly, Ravi is very proud and passionate about being part of the committee, instrumental in setting up the FMAS Trampoline Fund in 2020, an annual charity fundraising initiative of FMAS with more than 30 years of legacy.

Rohit Verma

Committee Member

LSEG

Rohit Verma is responsible for driving LSEG Markets’ continued growth in the region.

Rohit has over 20 years’ experience in the derivatives, prime brokerage, and risk management space. Before joining LCH in 2021, he spent nine years in senior strategic roles at Citi,
including Head of Clearing and FX Prime Brokerage in APAC. During his tenure, Rohit also represented Citi at various Asian exchange risk committees and workgroups. Prior to this, he was Deutsche Bank’s APAC Head of Risk Management, overseeing market and counterparty risk management for their asset management business.

Rohit holds an MBA in Finance from the National University of Singapore and is FRM certified. He also sits on the Singapore Foreign Exchange Market Committee.

Kevin Burke

Honorary Auditor

JB Drax Honoré

Kevin is the Chief Executive Officer for JB Drax Honore (JBDH) in Asia Pacific, JBDH is a world leading specialist riskless principal agency across a wide range of listed financial and financing products. With over 32 years experience covering Asia Pacific, 25 years of which based in the region, Kevin has held a number of global and regional sales management roles within investment banking.

Extensive experience of multiple client channels across asset management, wealth management & corporate coverage for both investment banking and transaction banking products.

He holds a B.Sc (Hons) in Toxicology and Pharmacology with First Class Honours from the School of Pharmacy, University of London, & an M.Sc in Management (Industrial Relations) from the University of Oxford.

Kevin served on the Executive Committee of the British Chamber of Commerce in Singapore for 5 years, is an advisory Board Member for the British Academy of Film & Television Arts (BAFTA) in Asia, and a Singapore Board member for the education charity U-Go, helping ambitious and promising young women in low-income countries to pursue higher education.

He was awarded an OBE – Officer of the Order of the British Empire in the 2024 Kings New Year Honours awards for services to charities and philanthropy.

Samuel Lim

Honorary Auditor

Barclays

Samuel is Senior Relationship Manager, Asia Pacific, and is based in Singapore. Partnering closely with teams from Investment Banking and Global Markets, he focuses on delivering the entire firm to its largest and most complex institutional clients around the world. He is also a member of the Singapore Management Team.

Prior to his current appointment, Samuel was the Head of Real Money and Hedge Funds Macro Distribution, a role which he took on in 2016, and was responsible for distribution of Macro products into the Hedge Fund and Real Money client base.

Samuel was previously Head of Macro Real Money and Official Institutions Sales with teams in Singapore and India where he managed the delivery of currency, interest rates and precious metal products to Asset Managers, Central Banks and Sovereign Wealth Funds.

Since joining Barclays in 2006, Samuel has held a number of leadership positions with various responsibilities, including Emerging Market and FX sales to Official Institutions.

Samuel is also a member of the Barclays APAC Citizenship Council and is active as a Male Champion for the Financial Women’s Association of Singapore.

He joined Barclays from Merrill Lynch where he worked in Singapore, Tokyo and Hong Kong, having started his career as a FX Forwards trader in London in 2001.

He graduated from Cambridge University in 2001 with a MA in Geography.

Avinash Ahuja

Co-Opt Committee Member

Bloomberg

Avinash has over 2 decades of experience in financial and technology sectors across Asia. He has held various roles at Bloomberg in the last 15 years. For the past two years based out of Singapore, Avinash oversees the Sell-side Technology Sales Team for South Asia, SEA and Oceania and is responsible to drive sales and account management. Prior to relocating to Singapore, he spent 6 years in Hong Kong leading the Enterprise Data Sales Team at Bloomberg for North Asia and 7 years in Mumbai leading the India Sell-side business, contributing significantly to the company’s growth in both regions. Avinash began his career in the dynamic world of debt investment banking and fixed income research with prestigious institutions such as Deutsche Bank, Bank of America and UTI Securities. He holds a Master’s in Management Studies from Mumbai University.

Patrick Leung

Co-Opt Committee Member

BlackRock

Patrick Leung, CFA, Managing Director, is head of APAC Fixed Income and FX trading. He is responsible for overseeing fixed income and FX trading activity in the region.

Mr. Leung’s service with the firm dates back to 2005, including his years with Barclays Global Investors (BGI), which merged with BlackRock in 2009.

Mr. Leung earned an M. Eng degree from Cornell University and an MBA from New York University.

Financial Markets Association of Singapore

1 North Bridge Road,
High Street Centre #22-04
Singapore 179094

+65 6732 0430
enquiry@fmasg.org.sg

Contact Us

Do you have any questions about what we do and our membership? Please feel free to call, email or simply send us a message from here.

© 2023 Financial Markets Association of Singapore