ABOUT

Our Executive
Commitee

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.

50TH EXECUTIVE COMMITTEE (EXCO) 2023

Andrew Ng

President

DBS Bank Ltd

Leng Hoe Lon

Deputy President B

Nomura Singapore

Kenneth Kan

Honorary Secretary

Dymon Asia Capital

Samuel Koh

Honorary Treasurer

OCBC Bank Ltd

Eileen Chia

Committee Member

UOB Ltd

Jack Loh

Committee Member

ING Bank N.V. Singapore Branch

Jesse Chan

Committee Member

Nittan Capital Singapore Pte Ltd

Lee Beng Hong

Committee Member

Singapore Exchange Limited

Marc Bonnici

Committee Member

Tullett Prebon (Singapore) Ltd

Ping (Yan Pheng) Tan

Committee Member

Bank of America

R Ravichandran

Managing Director

Financial Markets Association of Singapore

Vernice Moh

Committee Member

Refinitiv

Bryan Yap

Honorary Auditor

Daun Consulting (S) Pte Ltd

Jimmy Poh

Honorary Auditor

OCBC Bank Ltd

Tan Eng Khoon

Honorary Auditor

Tradition (Singapore) Pte Ltd

Jacky Tai

Honorary Treasurer

DBS Bank Ltd

SUB COMMITTEES

Education Sub-Committee

Kenneth Kan

Chairperson

Dymon Asia Capital

Yeoh Herr-Ling

Committee Member

ANZ Banking Group

Stephanie Yeo

Committee Member

Bloomberg LP

Vernice Moh

Committee Member

Refinitiv

Lim Shu Wei

Committee Member

Morgan Stanley

Members' Engagement and Events Sub-Committee

Marc Bonnici

Chairperson

Tullett Prebon (Singapore) Pte Ltd

Jesse Chan

Committee Member

Nittan Capital Singapore Pte Ltd

Jimmy Poh

Committee Member

OCBC Bank Ltd

Kevin Lau

Committee Member

UOB Ltd

CG22 Sub-Committee

Jacky Tai

Chairperson

DBS Bank Ltd

Bryan Yap

Treasurer

Daun Consulting (S) Pte Ltd

Kenneth Kan

Committee Member

Dymon Asia Capital

Leng Hoe Lon

Committee Member

Tan Eng Khoon

Committee Member

Tradition (Singapore) Pte Ltd

Vernice Moh

Committee Member

Refinitiv

Women@FMAS

Vernice Moh

Chairperson

Refinitiv

Eileen Chia

Committee Member

UOB Ltd

Lisa Spiteri

Committee Member

360T

Sabrina Tan

Committee Member

Scotiabank

Silvia Wong

Committee Member

Integral

AFMF22 Sub-Committee

Leng Hoe Lon

Chairperson

Eileen Chia

Treasurer

UOB Ltd

Eric Tan

Committee Member

Bloomberg L.P

Jack Loh

Committee Member

ING Bank N.V. Singapore Branch

Jacky Tai

Committee Member

DBS Bank Ltd

Lee Beng Hong

Committee Member

Singapore Exchange Limited

Lutfey Siddiqi

Committee Member

The London School of Economics and Political Science (LSE)

Ping (Yan Pheng Tan

Committee Member

Bank of America

Rachael Gan

Committee Member

Bloomberg L.P

R.Ravichandran

Committee Member

Financial Markets Association of Singapore

Samuel Koh

Committee Member

OCBC Bank Ltd

Sneha Sanghvi

Committee Member

DBS Bank Ltd

Andrew Ng

President

DBS Bank Ltd

Mr Andrew Ng is Group Executive of DBS & Head of Treasury and Markets. He joined DBS in 2000 and was named Managing Director and Regional Head of Trading in 2005.

Since 2006, Andrew has been instrumental in leading DBS Treasury and Market’s expansion in the region. In addition, he helped build a pan-Asia trading platform on different asset classes and established a region-wide local currencies derivative capability for the bank. He has also expanded DBS’ capabilities in generic and exotic derivatives.

Andrew has worked in the treasury business for over 34 years. Prior to joining DBS, he was Executive Director at Canadian Imperial Bank of Commerce from 1995 to 1999. In that role, he set up CIBC’s trading platform and derivative capabilities on Asian currencies. Between 1986 and 1995, Andrew was Head of North Asia Trading and Treasurer of Chase Manhattan Bank in Taipei.

Leng Hoe Lon

Deputy President B

Nomura Singapore

Mr. Leng Hoe Lon is Global Head of FX Flow, FX Forwards Trading and EFX 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

Kenneth Kan is a seasoned professional with over 2 decades of experience in the Financial Markets and Alternative Investments industry. He started his career in Standard Chartered Bank and later worked at The Royal Bank of Scotland and Credit Agricole as Head of Asia Emerging Markets Trading. Kenneth has a strong background in trading and portfolio management, having worked as a Portfolio Manager at Marathon Asset Management from 2005 to 2008.

Kenneth joined Dymon Asia in 2012 as Head of Execution Trading, bringing his expertise and leadership skills to the firm. He was instrumental in growing the trading capabilities and success for the company and was made Chief of Staff in 2017. In 2023, Kenneth was appointed as the Deputy Chief Executive Officer, a testament to his dedication and achievements in the firm.

As Deputy CEO, Kenneth is responsible for the company’s most critical assets: its people and clients. He leads the Business Development team and has oversight over Group HR, Group Administration, Communications, Corporate Social Responsibility (CSR), Environmental Social and Governance (ESG), and Investor Relations.

Outside of work, Kenneth is active in giving back to the Financial Markets, as well as to the Singapore community at large. He is on the Executive Committee of the Financial Markets Association of Singapore (FMAS), and sits on the board of The Majurity Trust (TMT), Ray of Hope (ROH) and The Children’s Museum of Singapore (CMSG).

Samuel Koh

Honorary Treasurer

OCBC Bank Ltd

Mr Samuel Koh joined OCBC Bank in April 2013 as a Head of Interest Rate Trading and is currently the Head of Global Treasury Trading. With thirty-one 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. Mr Koh holds a Bachelor of Business Administration from the National University of Singapore and a Masters in Applied Finance from Macquarie University Australia.

Eileen Chia

Committee Member

UOB Ltd

Ms. Eileen Chia joined UOB in 2014 and has over 20 years of banking experience in Global Market Sales. She leads a sales team of more than 180 personnel, providing hedging and investment solutions in all global markets asset classes including FX and interest rates. The sales teams have presence in all major ASEAN and greater China markets, supporting various client segments from Financial Institutions to Large corporates and Small & Medium Enterprises.

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. She graduated from Nanyang Technological University in Singapore with a Bachelor of Business Studies (2nd Upper Honours) and is a Chartered Financial Analyst. Ms. Chia has interests in banking evolution, including digitization of financial services. She is actively involved in UOB’s initiatives in supporting Fintech startups.

Jack Loh

Committee Committee

ING Bank N.V. Singapore Branch

Jack was appointed as Head of Corporate Sector Coverage, APAC in 2022 overseeing a team of 200+ Sales professionals throughout the ING Wholesale Bank network. He joined ING in September 2011 and served as Head of Financial Markets, Hong Kong, and Regional Head of Client Solutions Group, before assuming the Head of Asia Sales role in 2015.

Jack started in the banking industry in 1993. Prior to ING, Jack 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 for 8 years 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 Pte Ltd

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.

Lee Beng Hong

Co-opted Committee Member

Singapore Exchange Limited

Mr Lee Beng Hong is Head of Fixed Income, Currencies and Commodities (FICC) at SGX. He spearheads the FICC business unit, one of the fastest-growing businesses in SGX. He is also the Chairman of the SGX Bull Charge CSR initiative.

As Head of FICC, Mr Lee drives the expansion and partnership strategy for this growing set of asset classes, from products to platforms. He is also instrumental in SGX’s pioneering efforts to drive end-to-end digitalisation of the primary and secondary fixed income markets, though various collaborations and joint ventures with partners such as Temasek, Hillhouse Capital, Trumid and Euroclear.

Mr Lee oversees and sits on the boards of SGX’s subsidiaries – the Energy Market Company which operates Singapore’s wholesale electricity market, the Baltic Exchange based in London, and BidFX, a specialised trading platform for global FX markets. He is also a board director of SGX and Temasek’s digital assets joint venture, Marketnode.

With almost two decades of experience in global markets, Mr Lee has held senior roles in Deutsche Bank, specialising in Asian FICC trading, structuring as well as sales and coverage. He led Deutsche Bank’s financing and solutions group for North Asia, in addition to his last role 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 currencies and Asian markets.

Mr Lee holds a Master of Science in Financial Engineering from Nanyang Technological University and a Master of Engineering (M. Eng) from National University of Singapore.

Marc Bonnici

Committee Member

Tullett Prebon (Singapore) Ltd

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 trading team based out of Hong Kong, with global oversight of the principal EFX traders managing risks for the electronic franchise. Besides her trading risk mandate, she is also heavily involved in product development to expand the BofA electronic offering as well as overseeing all regulatory and governance-related matters for the global EFX business.

Ping joined the BofA Singapore office in 2004 as an Emerging Markets FX trader, and relocated to the London office in 2006 before moving to EFX to establish the EFX trading team globally in 2007 as well as expanding the BofA EFX product offering from G10 to EM FX Spot and Precious Metals OTC. Ping relocated to Hong Kong office in October 2015 to focus on the Asia NDFs and Onshore FX offering. She is currently based back in the Singapore office as of May 2022. Beyond her day job, Ping is also heavily involved in all firm wide D&I initiatives including empowering women, campus recruitment and most recently chairing the APAC FICC Employee Engagement Committee and sitting on the BofA Philanthropy Committees in both Hong Kong and Singapore.

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

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. Ravi than joined Traditions to established the THB IRS Desk. In 2006 he joined SCB Singapore to cover the SEA Financial Institutions and Central Banks on flow execution and soon after Headed the bank sales desk. Ravi has always dedicated himself in building lasting relationships in Singapore and in the region.

Vernice Moh

Committee Member

Refinitiv

As the Managing Director for ASEAN at Refinitiv, Vernice leads the sales and account management teams across the ASEAN region and is also the Site Lead for the offices in Singapore. Her team helps financial organizations and corporate customers achieve their business objectives through Refinitiv data, analytics, trading and workflow solutions. She currently sits on the Refinitiv Asia Leadership Team, and works closely with the other business leaders to amplify the voice of the customer in Asia to global counterparts and product development teams.

Bryan Yap

Honorary Auditor

Daun Consulting (S) Pte Ltd

Prior to starting his own boutique family office in 2008, Bryan spent 20 years in the global markets divisions of Citibank (1988-1996, rising to Vice President) and as a Managing Director at Deutsche Bank ( 1996 -2008), where he last served as Co-Head, Emerging Markets Asia. He helped to evolve multiple businesses at both institutions.

At Deutsche, Bryan also served as a senior member of the Global Markets Executive Committee and as a director of Deutsche Bank International Asia, a subsidiary of Deutsche Bank Singapore. At the industry level, he represented Deutsche at the Singapore Foreign Exchange Market Development Committee for 8 years.

As a financial market professional, Bryan was elected to the ACI Singapore – The Financial Markets Association (now known as FMAS) executive committee since 2001 (highest positions held: Honorary Secretary and Honorary Treasurer). Bryan also chaired the annual ACIS Charity golf event in 2003 &2004 and has continued to serve on the charity committee up till today.

Today, Bryan’s business focuses mostly in the private equity space.

Jimmy Poh

Honorary Auditor

OCBC Bank Ltd

Mr Jimmy Poh joined OCBC Bank in 2010 and his current role is Head of ALM’s Interest Rate Management team. In his various capacity prior to his ALM role, as Head of Greater China Trading and later North Asia, he developed and grew the bank’s China business.

Working in the financial markets since 1994, he had the benefit of working in global banks around the world. He started his career with Bank of America in Singapore, followed by roles with Bank of Nova Scotia and Lehman Brothers in Tokyo, before returning to Singapore with Dresdner, Standard Chartered and OCBC Bank. His tour gave him in depth knowledge of financial markets products, and through the years, gain invaluable experiences during major market events.

Mr Poh holds a BA (Computer Science / Economics) from The University of Michigan, Ann Arbor and a Masters in Applied Finance from Macquarie University Australia. Jimmy is passionate about creating data driven decision-making processes and champions digitalization of financial products.

Tan Eng Khoon

Honorary Auditor

Tradition (Singapore) Pte Ltd

Tan Eng Khoon is a Divisional Director at Tradition Singapore Pte Ltd, an interdealer broking arm of Compagnie Financière Tradition and one of the world’s largest interdealer brokers in over-the-counter financial and commodity related products. Represented in over 28 countries, Compagnie Financière Tradition is listed on the Swiss stock exchange.

As Divisional Head of Non-Deliverable Forwards (NDFs), he is responsible for developing profitable forex strategies with coverage across regional banks. Before joining Traditions Singapore, Eng Khoon was a Director and Co-head of Interest Rate Swaps Derivatives and NDFs managing Asian currencies. He brings over 40 years of professional experience in Money Broking.

Jacky Tai

Honorary Treasurer

DBS Bank Ltd

Mr Jacky Tai is Group Head of Trading, Treasury & Markets, DBS Bank. He joined DBS Hong Kong in 1999 after spending more than 10 years with JP Morgan, Nomura and Dresdner in Asia and New York. Tasked to build up DBS Greater China trading operations in Hong Kong, Taiwan and China and under his leadership, the Greater China teams have won many awards and accolades.

Taking on his current role in 2018, Jacky has been able to effectively lead the global trading business for DBS Group to embrace the Asian connectivity, tremendous growth of local markets by product, variety and depth, and the digitization journey for the customers, traders, sales and support staff.

Financial Markets Association of Singapore

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enquiry@fmasg.org.sg

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