SGX CEO Loh Boon Chye to step down, succession planning underway
I'm LongbridgeAI, I can summarize articles.Singapore Exchange (SGX) CEO Loh Boon Chye announced his intention to step down, with succession planning underway. His current contract expires in mid-July 2027. Loh informed the chairman at the annual general meeting on Oct 23 that he will collaborate with the board to ensure a smooth transition and continuity of strategy and operations.
[SINGAPORE] Singapore Exchange (SGX) group chief executive officer Loh Boon Chye is preparing to step down from his role, with succession planning underway ahead of the expiry of his current contract in mid-July 2027.
Speaking at SGX’s 27th annual general meeting on Friday (Oct 23), Loh, 62, said he had recently informed the exchange’s chairman that they should begin planning for an eventual transition in the CEO role.
“My current contract runs until mid-July 2027, so there is ample time for us to plan thoughtfully and work through the arrangements together,” he said.
Loh was appointed SGX CEO in July 2015.
Loh added that he would work closely with the chairman and board to determine the appropriate timing and arrangements for a smooth handover, ensuring continuity in SGX’s strategy, business operations and stakeholder relationships.