You are here

Magnus Bocker to leave SGX after June

ASEAN24215.jpg
Magnus Bocker, CEO of Singapore Exchange (SGX), will not be extending his contract beyond June 30, SGX said in a press release on Tuesday evening.

MAGNUS Bocker, CEO of Singapore Exchange (SGX), will not be extending his contract beyond June 30, SGX said in a press release on Tuesday evening.

"The board is moving forward with its CEO succession plan and is assessing internal and external candidates on a short list. The board has engaged the global executive search and leadership advisory firm Spencer Stuart to facilitate the process," SGX said.

Mr Bocker, a Swedish national, has been CEO of SGX since Dec 1, 2009. He was previously president of Nasdaq OMX.

"There is a time and season for everything, and it is now time for me to take on new challenges," he said.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes