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

Jacky Tai

Deputy President A

DBS Bank

Leng Hoe Lon

Deputy President B

Nomura Singapore

Kenneth Kan

Honorary Secretary

Dymon Asia Capital

Samuel Koh

Honorary Treasurer

OCBC Bank

Eileen Chia

Committee Member

UOB

Jack Loh

Committee Member

ING Bank N.V. Singapore Branch

Jesse Chan

Committee Member

Nittan Capital Singapore

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

Vernice Moh

Committee Member

Bryan Yap

Honorary Auditor

Daun Consulting

Jimmy Poh

Honorary Auditor

OCBC Bank

John Ho

Co-Opt Member

Standard Chartered Bank

Rohit Verma

Co-Opt Member

LCH

SUB COMMITTEES

Education Sub-Committee

Kenneth Kan

Chairperson

Dymon Asia Capital

Samuel Lim

Committee Member

Barclays

Stephanie Yeo

Committee Member

Bloomberg LP

Lim Shu Wei

Committee Member

Morgan Stanley

Members' Engagement and Events Sub-Committee

Marc Bonnici

Chairperson

Tullett Prebon (Singapore) Pte Ltd

Chris Chen

Committee Member

LSEG

Jesse Chan

Committee Member

Nittan Capital Singapore Pte Ltd

Jimmy Poh

Committee Member

OCBC Bank Ltd

Kevin Lau

Committee Member

UOB Ltd

CG23 Sub-Committee

Jacky Tai

Chairperson

DBS Bank Ltd

Bryan Yap

Treasurer

Daun Consulting (S) Pte Ltd

Jimmy Poh

Committee Member

OCBC Bank 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

61st ACI World Congress Sub-committee

Leng Hoe Lon

Chairperson

Nomura Singapore

Samuel Koh

Treasurer

OCBC Bank Ltd

Chuan Jin Fong (CJ)

Committee Member

GSR

Eileen Chia

Committee Member

UOB Ltd

Jacky Tai

Committee Member

DBS Bank Ltd

Jack Loh

Committee Member

ING Bank N.V. Singapore Branch

John Lagman

Committee Member

Bloomberg LP (LSE)

John Ho

Committee Member

Standard Chartered Bank

Kenneth Kan

Committee Member

Dymon Asia Capital

Lee Beng Hong

Committee Member

Singapore Exchange Limited

Li Zhen

Committee Member

DBS Bank Ltd

Tan Yan Pheng

Committee Member

Bank of America

R.Ravichandran

Committee Member

Financial Markets Association of Singapore

Robert Gee

Committee Member

Bloomberg L.P

Andrew Ng

President

DBS Bank

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 35 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.

Jacky Tai

Deputy President A

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.

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

Managing Partner & Deputy Chief Executive Officer

Dymon Asia Capital

Mr Kenneth Kan

Deputy Chief Executive Officer

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 two working groups initiated by the Monetary Authority of Singapore (MAS): the Human Resources Industry Group 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.

Eileen Chia

Committee Member

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.

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.

Lee Beng Hong

Co-opted Committee Member

SGX Group

Mr Lee Beng Hong is Head of Fixed Income, Currencies and Commodities (FICC) at Singapore Exchange (SGX Group). He joined SGX Group on 1 August 2019 to spearhead the newly-formed FICC business unit, as part of the group’s efforts to build scale in multiple asset classes.

As Head of FICC, Mr Lee will focus on expanding the range of products, platforms and partnerships for this growing set of asset classes.

He oversees SGX Group’s wholly-owned subsidiaries BidFX and MaxxTrader, both global leading electronic FX trading workflow platforms; the Baltic Exchange — the world’s leading source of maritime market information for the trading and settlement of physical and derivative contracts; and the Energy Market Company which operates Singapore’s wholesale electricity market.

As part of SGX Group’s focus on digital transformation and sustainability, Mr Lee will also be building upon the group’s digital asset joint venture with Temasek – Marketnode; Climate Impact X (CIX), a global exchange for high-quality voluntary carbon credits, jointly established by DBS Bank, SGX Group, Standard Chartered and Temasek, as well as the group’s strategic investments in Trumid XT, an electronic bond trading platform and Freightos, a digital freight platform and data firm.

With over 19 years of experience in global markets, Mr Lee has 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 across Global FX & Emerging Markets, as well as EFX to continue expanding BofA’s electronic offering, in addition to overseeing all regulatory and governance-related matters for EFX globally. Ping joined the BofA Singapore office in 2004 as an Emerging Markets FX trader before relocating 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 and most recently relocated back to the Singapore office in May 2022. Beyond her day job, Ping has been heavily involved in all firm wide D&I initiatives including chairing the APAC FICC Employee Engagement Committee, member of the BofA Philanthropy Committees in Hong Kong and Singapore, as well as past leadership roles in APAC Women Leadership Council, Global Markets Campus recruitment committee, Hong Kong Parents & Caregivers Network co-chair, and 2016 Global Volunteer Award. 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.

Vernice Moh

Committee Member

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

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

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.

John Ho

Co-Opt Member

Standard Chartered Bank

John Ho is the Global Head of Legal, Financial Markets for Standard Chartered Bank (“SCB”), overseeing and providing legal advisory, transactional and documentation support for Financial Markets (FM) business globally for Standard Chartered Bank (SCB), its branches and affiliates. Mr Ho is a member of Regulatory Working Group of the ACI FMA. Mr. Ho is also the co-chair of (1) the ISDA South East Asia Legal and Regulatory Committee and (2) the ISDA Asia Pacific ESG Working group.

He is an active participant in the industry’s Fintech events and is a public speaker on topics such as Central Bank Digital Currencies, Blockchain, Digital Assets, Financial Markets, Sustainability and Regulatory Reforms. He serves as a mentor to startups and co-authored a publication from the World Economic Forum called The Digital Currency Governance Consortium Whitepaper, published in November 2021. He is a also mentor for the UK FCA Sustainability TechSprint, FCA Digital Sandbox, R3 and LongHash.

Prior to joining SCB, Mr. Ho was the Managing Director Principal in the legal department of Bear Stearns (Japan), Ltd (“Bear Stearns”) where he supported the Asia franchise (including Tokyo, Hong Kong, China, Taiwan, Korea, India and South-east Asia) from January 2003 to August 2008 covering various structured products and derivatives including equity derivatives, credit derivatives, fixed income and commodities.

Prior to joining Bear Stearns, Mr. Ho worked as Asia equity counsel for Lehman Brothers in Tokyo with experience dealing in convertibles, options, warrants, delta one products and other types of equity derivatives transactions, equity finance and equity capital markets.

He is qualified as an advocate and solicitor in Singapore since 1995 and he received his law degree from the National University of Singapore.

Rohit Verma

Co-Opt Member

LCH

Rohit Verma is Head of Asia Pacific at LCH, responsible for managing operations and sales to drive LCH’s continued expansion 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.

Financial Markets Association of Singapore

171 Tras Street #03-179, Union Building
Singapore 079025

+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.

© 2021 Financial Markets Association of Singapore