Singapore Exchange Group’s (SGX) chief risk officer, Agnes Koh, will step down on March 31.
Koh, who was appointed to the role in January 2014, will be taking a “short break” and will take on an advisory role within the group when she returns in July.
Deputy CRO Ivan Han will assume the position of CRO designate with immediate effect and will assume the role of CRO from April 1.
Han joined SGX Group in 2013 as the head of foreign exchange (FX) & rates and later became the head of South Asia equities products.
Koh joined the group in 2005 and held several roles within risk management. Before SGX, Koh spent over 11 years managing the foreign reserves of the Monetary Authority of Singapore (MAS).
“Agnes has been an exceptional leader and a pillar of strength for SGX Group over the past two decades. Her deep understanding of our business and operations, willingness to speak her mind and ability to navigate complex situations have guided us through some of the most challenging periods in global markets,” says CEO Loh Boon Chye.
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“We have much to thank Agnes for, including the team and legacy she leaves behind. As Ivan steps into the role of CRO, we are confident that his multi-faceted experience and leadership will prepare him well in upholding SGX Group’s risk management at the highest standard and drive resilience in an increasingly dynamic environment,” he adds.
