New CEO at Sicom

Singapore -- Singapore Exchange Limited (SGX) has appointed Jeremy Ang Peng Leong as Chief Executive Officer of Singapore Commodity Exchange (SICOM) with effect from 16 July 2008. This is following its acquisition of SICOM, which is scheduled to be completed by end-June.

Ang is currently the managing director for derivatives and group treasury at DBS Vickers (Singapore) Pte Ltd. He was instrumental in expanding the company's infrastructure to support an extended product offering to cover, besides financial futures, global commodities for both exchange-traded and over-the-counter (OTC) products. These include energy products and forward freight agreements (FFAs). Within a year, the company was named Top SGX FFA Clearing Member & Second Overall OTC Clearing Firm at the SGX AsiaClear Awards Night in January 2008.

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Press release listing at SICOM