The Singapore Exchange (SGX) has appointed Chng Lay Chew as CFO, Reuters reports. He will take up his new role at Asia's second-largest listed exchange from December 29.

Chew has replaced Muthukrishnan Ramaswami who was interim CFO after former Seck Wai Kwong left in April for State Street Bank & Trust. Most recently, Chng was in charge of the finance functions of DBS Group's operations in all countries outside Singapore.

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