Jun 8, 20156:18 PM
THE Singapore Exchange (SGX) has named Loh Boon Chye, the former head of Bank of America Merrill Lynch’s (BofAML) global markets in the Asia Pacific, as its next chief executive from July 14.
Mr Loh, 51, will replace Magnus Bocker, who said in February that he will leave after his contract runs out on June 30. SGX president Muthukrishnan Ramaswami will be in charge in the interim.
Mr Loh began his career as an investment officer with the Monetary Authority of Singapore in 1989. He then moved to the Singapore branch of Morgan Guaranty Trust Co of New York in 1992, before joining Deutsche Bank where he led the German bank’s investment banking teams in the region. He joined Bank of America Merrill Lynch in December 2012 until he quit earlier this year.