Agnes Koh, the Chief Risk Officer of Singapore Exchange Group (SGX), is set to resign from her position effective March 31.
Koh, who was originally appointed to the role back in January 2014, plans to take a brief hiatus and will subsequently return to the group in an advisory capacity starting July.
Deputy CRO Ivan Han has been named the CRO designate with immediate effect and will officially take over the Chief Risk Officer responsibilities from April 1.
Han became part of SGX Group in 2013, initially serving as the head of foreign exchange (FX) and rates, and was later promoted to head of South Asia equities products.
Koh began her tenure with the group in 2005, occupying various positions within the risk management division. Prior to joining SGX, she dedicated over 11 years to managing the foreign reserves for the Monetary Authority of Singapore (MAS).
"Agnes has been an outstanding leader and a foundational pillar for SGX Group over the last twenty years. Her profound insight into our business and operations, coupled with her candid communication style and skill in handling intricate situations, has steered us through numerous challenging phases in the global markets," stated CEO Loh Boon Chye.
"We owe Agnes a great deal of gratitude, including for the team and the legacy she is leaving. As Ivan transitions into the CRO role, we are fully confident that his diverse experience and leadership qualities will equip him to maintain SGX Group's risk management at the highest level and foster resilience amidst an ever more dynamic landscape," he further added.
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