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SGX revamps leadership in FX, technology teams amid push to revive stock market

The Straits Times

|

March 07, 2025

The Singapore Exchange (SGX) has revamped its foreign exchange (FX) and technology management teams, following several high-level resignations.

- Sue-Ann Tan

Mr Lee Beng Hong, its head of wholesale markets and platforms, is quitting to pursue new opportunities, the SGX said on March 6.

Mr Thijs Jacobs, group chief technology officer, is also stepping down. His responsibilities will be covered by chief information officer Tinku Gupta while the company looks for a successor.

Mr Jean-Philippe Male will become SGX FX chief executive from April 1.

He was previously CEO and co-founder of BidFX, an FX over-the-counter platform business acquired by SGX Group in 2020.

Mr Male was promoted to SGX FX president in mid-2024, and was a driving force behind the significant rise of the over-the-counter foreign exchange business, the SGX said.

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