Singapore Exchange (SGX) has appointed Chew Sutat as its new executive vice president and head of development with effect from 1 June. Chew will lead the group in the development of new business areas and new products. He will also be responsible for identifying, establishing and analysing opportunities for the company's growth and expansion. Chew takes over from Seck Wai Kwong, senior executive vice president and head of post trade and retail group, who is the interim head of the development group. Chew joins SGX from Standard Chartered Bank, where he is the group head of investment and treasury products for the wealth management business. Chew previously held executive positions in OCBC Securities and DBS Bank.
Bartholomew Chilton and Jill Sommers have been nominated to serve as commissioners of Commodity Futures Trading Commission by President Bush. Chilton will serve the remainder of a five-year term expiring in April 2008, while...