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Our Executive Committee

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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.

52ND EXECUTIVE COMMITTEE (EXCO) 2025

Jacky Tai

President

DBS Bank Ltd

Ping (Yan Pheng) Tan

Deputy President A

Bank of America

Leng Hoe Lon

Deputy President B

Nomura Singapore

Kenneth Kan

Honorary Secretary

Dymon Asia Capital

Jimmy Poh

Honorary Treasurer

OCBC Bank

Chuan Jin Fong (CJ)

Committee Member

GSR

Eileen Chia

Committee Member

DBS Bank Ltd

Jack Loh

Committee Member

Complus Asset Management

Lee Beng Hong

Committee Member

SGX Group

Marc Bonnici

Committee Member

Tullett Prebon (Singapore) Limited

R.Ravichandran

Managing Director

Financial Markets Association of Singapore

Rohit Verma

Committee Member

LSEG

Samuel Lim

Committee Member

Barclays

Vernice Moh

Committee Member

Fenics Market Data

Patrick Leung

Honorary Auditor

BlackRock

Kevin Lau

Honorary Auditor

UOB

SUB COMMITTEES

Education Sub-Committee

Kenneth Kan

Chairperson

Dymon Asia Capital

Lim Shu Wei

Committee Member

Morgan Stanley

Rohit Verma

Committee Member

LSEG

Samuel Lim

Committee Member

Barclays Singapore

Stephanie Yeo

Committee Member

Bloomberg

Members' Engagement and Events Sub-Committee

Marc Bonnici

Chairperson

Tullett Prebon Singapore

Adrian Foo

Committee Member

Tullett Prebon Singapore

Jack loh

Committee Member

Complus Asset Management Singapore

Li Zhen

Committee Member

DBS

Mei Qin Ling

Committee Member

Tullett Prebon Singapore

Michelle Lim

Committee Member

Tullett Prebon Singapore

Navin Prasad

Committee Member

Morgan Stanley

Vernice Moh

Committee Member

Fenics Market Data

Charity Golf & Dinner 2025 Subcommittee

Jimmy Poh

Chairperson

OCBC

Bryan Yap

Committee Member

Daun Consulting

Ping Tan

Committee Member

Bank of America

Vernice Moh

Committee Member

Fenics Market Data

Charity Golf & Dinner 2025 Grant Panel

Jimmy Poh

CG25 Chairperson

OCBC Bank

Eileen Chia

DBS Bank Ltd

Jacky Tai

DBS Bank Ltd

Kenneth Kan

Dymon Asia Capital

Leng Hoe Lon

Nomura Singapore

Women@FMAS

Ping (Yan Pheng) Tan

Chairperson

Bank of America

Eileen Chia

Committee Member

DBS Bank Ltd

Lisa Spiteri

Committee Member

360T

Payton Lee

Committee Member

Bloomberg

Sabrina Tan

Committee Member

Scotiabank

Shereen Lewejohann

Committee Member

CME Group

Silvia Wong

Committee Member

Reactive Markets

Vernice Moh

Committee Member

Fenics Market Data

AFMF 2025 Subcommittee

Jacky Tai

Chairperson

DBS

Heng Koon How

Programme Curator

UOB

Kenneth Kan

Committee Member

Dymon Asia Capital

Lee Beng Hong

Committee Member

SGX Group

Leng Hoe Lon

Committee Member

Nomura Singapore

Patrick Leung

Committee Member

BlackRock

Ping Tan

Committee Member

Bank of America

Rohit Verma

Committee Member

LSEG

Samuel Lim

Committee Member

Barclays

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Formerly known as ACI Singapore, we are the standard bearer for financial markets' professionals in Singapore. Our history has been inextricably linked to Singapore’s emergence as a leading financial centre in the world. We are affiliated to ACI - The Financial Markets Association, the global umbrella body of financial markets associations.

7500A Beach Road,
#08-315 The Plaza,
Singapore 199591

+65 6732 0430
secretariat@fmasg.org.sg

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Jacky Tai

President

DBS Bank Ltd

Jacky Tai is the Group Head of Trading & Structuring for Global Financial 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. He was appointed as President of the Financial Markets Association of Singapore in January 2024 and previous held the role of Treasurer since 2021. Jacky is also a strong believer in embracing Asian connectivity and digitalisation for the advancement of financial markets. He was conferred the Singapore 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.

Ping (Yan Pheng) Tan

Deputy President A

Bank of America

Ping Tan is a Managing Director at Bank of America (BofA) . She heads the Asia EFX trading team 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 EFX and the wider Global FX & Emerging Markets, to continue expanding BofA’s electronic offering, while 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 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 Committee, 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 Recruitment 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, and is the APAC Regional chair for Global ACI Women in Global Markets Committee.

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

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 a lot of his time on Talent; overseeing the Business Development department, ESG efforts, Investor Relations, Human Resources, Communications, CSR, and Group 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.

Jimmy Poh

Honorary Treasurer

OCBC Bank

Mr. Jimmy Poh leads the Asset Allocation, Risk Strategy, and XVA team at OCBC in Singapore and serves as a member of the management team within the Global Markets Division. Before assuming his current role, he headed the Interest Rate Management team, where he was responsible for managing the Bank’s structural interest rate risk and overseeing the Global Balance Sheet Management team across multiple locations.

Jimmy began his banking career as a trader in 1994 and has gained extensive experience in Singapore and abroad, working with several prestigious institutions, including Bank of America, Bank of Nova Scotia, Lehman Brothers, Dresdner Bank, and Standard Chartered Bank. He joined OCBC in December 2010 as the Head of Greater China Trading and later expanded to overseeing their North Asia Trading, managing teams in Singapore, Hong Kong, China, Taiwan, and Seoul.

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

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.

Eileen Chia

Committee Member

DBS Bank Ltd

Ms. Eileen Chia is the Regional Head of Corporate Advisory Group at DBS. With over 25 years of banking experience in global financial markets, Eileen has an acute sense in driving business through cross border collaboration that harness the potential of network and resources. She is also a strong believer in tapping on expertise of teams across markets and product specialisation to customise client-centric solutions that best support customers’ needs.

Prior to DBS, Ms. Chia leads the global markets sales team at UOB supporting various client segments from financial institutions to large corporates, SMEs and retail customers. 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 as the deputy president of Financial Markets Association of Singapore and is a supporter of the mentorship program under Financial Women’s Association of Singapore.

Jack Loh

Committee Member

Complus Asset Management

Jack is currently the Deputy CEO of Complus Asset Management Singapore. He joined the banking industry in 1993. Prior to Complus, Jack held various leadership roles at ING bank, as APAC Head of Corporate Sector Coverage as well as Global Head of Financial Markets Sales and APAC Head of Client Solutions Group. He was a Managing Director at Morgan Stanley where he joined in 2005 and headed Corporate Sales and Solutions businesses. He also worked at JPMorgan Chase, with assignments in New York, Hong Kong, and Singapore.

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

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) Limited

Mr Marc Bonnici joined Tullett Prebon Singapore as Director of Interest Rate Swaps in July 2005 and is the Chief Executive Officer since Dec 2020. He has more than 25 years of experience in the money broking market.

Marc is currently Chairman of SMBA, Executive Committee Member of FMAS, Committee Member of SFEMC as well as ABS.

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 Chairs the Board for Refinitiv Transaction Services Pte. Ltd. and also sits on the Singapore Foreign Exchange Market Committee.

Samuel Lim

Committee Member

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 the Chair of the APAC Citizenship Council and a Board Member of Children’s Wishing Well.

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.

Vernice Moh

Committee Member

Vernice Moh is a seasoned business leader in the Financial Information Data industry, boasting over 25 years of experience. As the Managing Director, Head of Sales APAC at Fenics Market Data (a part of BGC Group), she’s driving business growth in the Asia-Pacific region.

Previously, she held key roles at London Stock Exchange Group (LSEG), including Managing Director for ASEAN. Vernice is known for her advocacy of diversity and inclusion and actively contributes to initiatives like Women@FMAS.

She holds a Bachelor of Commerce degree from Murdoch University in Perth and enjoys fine dining, golfing, and traveling in her leisure time. Married with two children, she balances her professional and personal life with finesse.

Patrick Leung

Honorary Auditor

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.

Kevin Lau

Honorary Auditor

UOB

Kevin Lau is Group Head of Financial Institutions Sales at United Overseas Bank. Having joined UOB in 2013, he oversees cross asset sales teams in the bank’s global network including its core ASEAN and Greater China footprint. Prior to joining UOB, Kevin was part of the Financial Instutions Sales desk at SCB covering Non-Bank Institutions in Singapore.

Kevin obtained his Bachelor of Electrical and Electronic Engineering from Nanyang Technological University.

Financial Markets Association of Singapore

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7500A Beach Road,
#08-315 The Plaza,
Singapore 199591

+65 6732 0430
secretariat@fmasg.org.sg

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