Managing Perma Shocks - Finding Opportunities Amidst Disruption
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Mr Alvin Tan,
Minister of State, Ministry of National Development & Ministry of Trade and Industry
Board Member,
Monetary Authority of Singapore
For more photos of the AFMF 2025 Event Conference, just click here and view the slideshow.
For more photos of the AFMF 2025 Event Reception, just click here and view the slideshow.
The Asia Financial Markets Forum (AFMF) is organised by the Financial Markets Association of Singapore (FMAS) and is especially relevant to the treasury and markets professionals in banks, financial institutions and hedge funds who face a major challenge on how to stay ahead of the game.
Identify
Identify the current financial market trends & challenges and demonstrate how your organisation can support the industry and your clients
Meet
Meet the market leaders, decision-makers in the industry and financial markets trading and sales fraternity
Strengthen
Strengthen relationships with existing clients, develop new contacts and raise your profile
Reinforce
Reinforce your credentials as a key player within the treasury and capital markets
To Sponsor for this Event
Contact us at [email protected] if you would like to sponsor this event
Benefits of Sponsoring
Expand your networks and profile your brand to some of the industry’s most influential decision-makers. Sponsorship provides a truly global brand presence and offers direct access to the key leaders and market makers from the world’s leading financial institutions.
Strengthened brand profile amongst leading Financial Institutions, Government Agencies and Regulators
A valuable opportunity to meet key decision makers from Global and Regional Financial Institutions, Government Agencies and Regulators
Deepen relationships with existing clients and generate new leads through networking events.
Access to new business opportunities through direct contact with key decision makers of leading Financial Institutions
Minister of State,
Ministry of National Development & Ministry of Trade and Industry
Board Member,
Monetary Authority of Singapore
Head of Markets Strategy,
Executive Director
Global Economics and
Markets Research
United Overseas Bank
President, FMAS
Chairperson,
AFMF 2026 Organising Committee
Managing Director,
Group Head of Trading & Structuring
Global Financial Markets
DBS Bank
Deputy Chairperson,
AFMF 2026 Organising Committee
Chief Executive Officer
Complus Asset Management Singapore
Regional Treasurer,
Asia Pacific and Middle East
Vitol
Chief Data and Transformation Officer
DBS Bank
Founder and CEO
APAC Advisors
Chief Product Officer
OSTTRA
Programme Curator
AFMF 2026 Organising Committee
Managing Director and Chief Economist Group Research
DBS Bank
Chief Executive Officer, Director
DBS Group
Group Treasurer
Mapletree Investments Pte. Ltd.
13:30 to 13:50
Ms Ping (Yan Pheng) Tan
Deputy President, FMAS
Deputy Chairperson, AFMF 2025 Organising Committee
Opening Address by SGX Group
Michael Syn
President
SGX Group
Session 1: Conversation with MOS Alvin Tan and Tan Su Shan
Mr Alvin Tan
Minister of State,
Ministry of National Development & Ministry of Trade and Industry
Board Member, Monetary Authority of Singapore
Ms Tan Su Shan
Chief Executive Officer, Director
DBS Group
MODERATOR
Dr Taimur Baig
Programme Curator
AFMF 2026 Organising Committee
Managing Director and Chief Economist Group Research
DBS Bank
Session 2: Keynote Presentation
US Mid-Terms and Geopolitical Landscape
15:45
Session 3: Panel Discussion
Managing Risk In An Increasingly Fragmented World: A Treasury Perspective
SPEAKERS
Mr Jonathan Tan
Regional Treasurer,
Asia Pacific and Middle East
Vitol
Mr Vipul Tripathi
Group Treasurer
Mapletree Investments
MODERATOR
Mr Heng Koon How
Head of Markets Strategy, Executive Director Global Economics and Markets
United Overseas Bank
Session 4: Panel Discussion
Applications and Challenges of Gen-AI and Agentic AI in the Financial Industry
SPEAKERS
Ms Susan Schulte
Chief Product Officer
OSTTRA
MODERATOR
Mr Nimish Panchmatia
Chief Data and Transformation Officer
DBS Bank
Mr Taimur Baig
Programme Curator
AFMF 2025 Organising Committee
Managing Director and Chief Economist Group Research
DBS Bank
18:30 to 21:30
Dress Code: Business Formal
Registration starts at 6.15pm.
President, FMAS
Chairperson,
AFMF 2026 Organising Committee
Managing Director,
Group Head of Trading & Structuring
Global Financial Markets
DBS Bank
Deputy Chairperson,
AFMF 2026 Organising Committee
Chief Executive Officer
Complus Asset Management Singapore
Regional Head,
Corporate Advisory Group
DBS Bank
Global Head Of eFX Liquidity, Product & Governance, Head Of Asia eFX Trading
Bank of America
Managing Director and Chief Economist
Group Research
DBS Bank
Managing Director
Financial Markets Association of Singapore
Treasurer
AFMF 2025 Organising Committee
Partner
Dymon Asia Capital
Head of Markets Strategy,
Executive Director
Global Economics and
Markets Research
United Overseas Bank
Head, Legal, Financial Markets
Standard Chartered Bank
Managing Partner & Deputy Chief Executive Officer
Dymon Asia Capital
Global Head of FX Flow & EM Linear Rates Trading
Global Markets, AEJ
Nomura Singapore
Managing Director,
Head of APAC Fixed Income and FX Trading
BlackRock
Managing Director
Financial Markets Association of Singapore
Group Head of Markets - Asia Pacific
London Stock Exchange Group (LSEG)
Senior Relationship Manager, Asia Pacific
Barclays
Formed in 1972, we are the standard bearer for financial markets’ professionals in Singapore. Our history has been inextricably linked to Singapore’s emergence as a leading financial centre in the world.
Financial Markets Association of Singapore (formerly known as ACI Singapore) is affiliated to ACI – The Financial Markets Association (ACI FMA), a Paris-based global umbrella body of financial markets associations, ACI FMA, founded as Association Cambiste Internationale and has more than 8,000 international members worldwide in more than 60 countries, making it the largest international association in the wholesale financial markets and was founded in France in 1955 following an agreement between foreign exchange dealers in Paris and London. Singapore has always been an active participant in the ACI Global arena with elected representatives in the ACI FMA Standing Committees. Our Singapore Committee members have been elected to various global committees over the years and presently to the ACI FMA Board of Education, Working Regulatory Committee, Investment Committee, and Women’s Committee hence having the biggest representation from Asia to the ACI working committees.
Our Singapore Association was officially renamed to Financial Markets Association of Singapore (FMAS) on 31st March 2021 to reflect a stronger focus on the domestic agenda while still affiliated to global ACI FMA entity. FMAS Executive Committee had recommended that the association adopts a progressive mentality and refocus our efforts to promote the association’s key objective of fostering collaboration within the financial market ecosystem within Singapore. This includes promoting and supporting all participants who supports the front office of financial market in Singapore, such as the treasury middle and back office, the risk and compliance professionals and recognised market operators in the ecosystem. In addition, it was recommended to expand our membership criteria and allow these participants supporting the front office to join our membership. By allowing more support function role employees to join FMAS, they will in turn benefit from the association’s activities that includes improving standards, increase collaboration, education, networking and promote charity fundraising initiatives, with a clear mandate to add value to our industry as a whole.
Since the end of 2009, FMAS, first in partnership with the Singapore Management University, had developed a Financial Markets training roadmap for Financial Markets professionals in the front, middle, and back offices in training in that area. But since 2019, FMAS has taken the training and development in-house and is now recognised as a key Financial Markets training provider in Singapore. This underpins FMAS’s commitment to continuing education and professional development for our members and the financial markets industry in Singapore.
As the Industry representative for Financial Markets professionals, FMAS is proud that for the past 32 years to have been able to raise over $15 million for the less fortunate in our society through our annual Charity fundraising initiatives. All funds raised is distributed from the FMAS Trampoline Fund through a grant call. This charity drive is now well recognised as a fixture in the annual calendar, and is widely and actively supported by our members and the wider financial markets fraternity.
In 2021, FMAS organised the inaugural Asia Financial Markets Forum 2021, an event especially relevant to the treasury and markets function in banks, financial institutions and corporates who face major challenges in how to stay ahead of the ever-changing environment. The headwinds created by the COVID-19 pandemic and the use of artificial intelligence has further accelerated the transition towards a more digital customer base and workforce, leading to a world where growth prospects are highly challenged and this makes it more important to have a forum to share the information and progress in markets with all. FMAS hopes that by establishing this as an annual forum, it would help to bring in the fraternity of top thought leaders and establishes lasting networking within our financial markets eco system.
CONTACT US
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Head of Markets Strategy,
Executive Director
Global Economics and
Markets Research
United Overseas Bank
Koon How is the Head of Markets Strategy, Global Economics and Markets Research at UOB, where he leads the in-house team to formulate forecasts and house views for Foreign Exchange (FX), commodities and interest rates. Koon How focuses on advising key clients across Wholesale Banking, Global Markets, Corporate and Financial Institution segments throughout the ASEAN region. He has more than 25 years of financial markets experience across the key asset classes.
President, FMAS
Chairperson,
AFMF 2026 Organising Committee
Managing Director,
Group Head of Trading & Structuring
Global Financial Markets
DBS Bank
Jacky Tai is the Group Head of Trading & Structuring for Global Financial Markets at DBS Bank since 2018 where he oversees the management of trading, market making, product structuring and risk warehousing activities across asset classes regionally, as well as building up the crypto and carbon product businesses.
He joined DBS in 1999, bringing over more than a decade of experience from JP Morgan, Nomura and Dresdner Bank AG across Asia and New York. Jacky was initially tasked with developing DBS Greater China’s trading operations in Hong Kong, Taiwan, and China. Under his leadership, Greater China and GFM trading teams have garnered numerous awards and accolades in local and derivatives markets from publications like Asian Risk, Global Finance and Banker. His contributions have also led to multi-fold growth of DBS’ franchise business, revenue, and capital risk adjusted returns.
Known as an avid innovator and market pioneer, Jacky champions Asian connectivity and digitalisation for the advancement of financial markets. He has represented DBS Singapore, Hong Kong, and China in public forums and associations initiated by regulators such as the Hong Kong Treasury Market Association committee, ACI, ASFIMA task force, China QFII, Singapore RQFII, FX Global Code, Blue Book, China Bond Connect.
In recognition of his expertise, he was conferred the Singapore IBF Fellow Award in Financial Markets in 2022. Jacky was appointed as President of the Financial Markets Association of Singapore in January 2024, having previously served as Treasury since 2021.
He graduated with a Bachelor of Science (Hons) in Computer Science from the Chinese University of Hong Kong.
Deputy Chairperson,
AFMF 2026 Organising Committee
Chief Executive Officer
Complus Asset Management Singapore
Jack is currently the CEO of Complus Asset Management Singapore. He joined the banking industry in 1993. Prior to Complus, Jack held various leadership roles at ING bank, as APAC Head of Corporate Sector Coverage as well as Global Head of Financial Markets Sales and APAC Head of Client Solutions Group. He was a Managing Director at Morgan Stanley where he joined in 2005 and headed Corporate Sales and Solutions businesses. He also worked at JPMorgan Chase, with assignments in New York, Hong Kong, and Singapore.
Jack holds a MS degree from Stanford University and a BS deg from The Ohio State University
Regional Treasurer,
Asia Pacific and Middle East
Vitol
Jonathan has been with Vitol since Aug 2007. He was formerly their head of Credit, Asia Pacific for 11 years responsible for their Asia-Pacific customer portfolio, and in parallel was handling the relationship of some of Vitol Asia’s core banks in the East.
Jonathan assumed the role of Regional Treasurer of Vitol Asia since July 2018. He is responsible for managing a portfolio of 40 banks in Singapore, Middle East and oversees Trade Finance, Cash Management, Markets, Structured Finance and Derivative Operations.
In addition to his Finance responsibilities, Jonathan is also part of Vitol China’s Management team.
Jonathan had earlier career stints with Koch Industries (5 years) and Mizuho Corporate bank (5 years) as Senior Relationship Manager prior to joining Vitol.
Chief Data and Transformation Officer
DBS Bank
Nimish Panchmatia is the Chief Data & Transformation Officer for DBS Bank.
With over 20 years of experience, he leads the bank’s transformation & data strategyanticipating emerging trends, steering innovation, and ensuring DBS maintains its competitive edge in the banking and financial landscape. A core part of his mandate is to experiment with new technologies to assess their potential value to the bank, while continuously enhancing customer and employee experiences.
This includes developing the banks growth strategies around AI and Data, Innovation, Operating Model Transformation, Agile at Scale or Managing through Journeys, Customer Experience, Future of Work, amongst others.
Under his leadership, the bank’s AI efforts—including the rollout of genAI and agentic AI – have resulted in hundreds of deployments across the organisation and contributed to around SGD $1 billion in economic impact in 2025. This momentum has strengthened DBS’s position as an industry leader in applied AI at scale and earned the bank recognition as the World’s Best AI Bank by Global Finance in 2025.
Prior to this, Nimish had also served as the Head of GTS Hong Kong where he was responsible for the bank’s Corporate Cash, Trade and Custody business, as well the CIO and Head of T&O for Hong Kong and China, where he oversaw Technology, Operations and Corporate functions.
Before joining DBS in 2010, Nimish has also worked with DHL Express in various leadership positions, including Vice President of Customer Service & Experience for Asia Pacific.
He currently leads the AI and Digital Workgroup, as part of India-Singapore Business Roundtable (ISBR), as well as chairs the Institute of Banking and Finance (IBF) Future-Enabled Skills Work Group.
Founder and CEO
APAC Advisors
Steven Okun is a leading voice on U.S. foreign policy, global trade, sustainability, and corporate public affairs in the Asia Pacific region. As the Founder and CEO of APAC Advisors, he counsels clients across industries – ranging from financial services and logistics to digital infrastructure and private equity – on navigating geopolitical risk, trade policy, and regulatory developments.
With more than 25 years of experience in the government and the private sector, and having lived in Singapore since 2003, Steven has earned a reputation for turning complex policy shifts into actionable business strategies. His early predictions on the return of reciprocal tariffs, tariff escalation under a second Trump administration, and U.S.-China decoupling have been consistently validated – months before mainstream adoption.
Before establishing APAC Advisors, Steven was KKR’s first Director of Public Affairs for Asia Pacific. He embedded regulatory and sustainability analysis into investment decisions, led Responsible Investment efforts across due diligence and portfolio support, and launched KKR Asia’s award-winning impact investing pro bono program. He also served as Vice President of Public Affairs for UPS Asia and as Deputy General Counsel at the U.S. Department of Transportation under President Clinton.
Beyond APAC Advisors, Steven serves as:
Senior Advisor, Edelman Southeast Asia Senior Advisor, GPCA (Global Private Capital Association) Head of External Affairs, AAIP (American Association of the Indo-Pacific)
Steven is frequently cited in global media. He was quoted in The Economist (“Donald Trump would leave Asia with only bad options”) on the regional implications of redirected Chinese exports, and in The New York Times (“U.S. and China Headed for ‘Monumental’ Split”) and (“Trump Wants the World to Squeeze Out China. He’s Starting With Vietnam.”) on the risks companies face in a polarized world. His recent commentaries – , “No time for complacency: ‘Asia for Asia’ will take time”,”Second-term Trump: Constrained at home, unchecked abroad”. “Despite ceasefire in Iran, businesses should follow Singapore’s model” further demonstrate his foresight into how Trump-era policies are set to reshape the global order.
He regularly speaks at high-level forums and in closed-door boardroom briefings on topics including:
“At 250, the US should promote its values in Asia, not spectacle” “Asian companies take note: Trump is still focused on human rights abuses in your US supply chain” “Responsible investment’s AI trilemma – emissions, job losses and inequality” “AI access may not always be unlimited as ESG risks mount – are businesses ready?”
A familiar face on CNBC, CNA, Al Jazeera and ABC Australia, Steven remains a sought-after commentator, advisor, and strategist at the intersection of geopolitics, Responsible Investment, business, and global risk.
Chief Product Officer
OSTTRA
As Chief Product Officer, Susan oversees all aspects of our product management and strategy, working with our customers and partners to develop and innovate OSTTRA services
With Over 20 years’ Investment Banking experience, Susan previously worked with NEX Group plc as Head of Client Engagement and Head of Reset New Product Development. Previously, she has held positions in sales, trading and structuring for leading financial institutions, including Bank of America Merrill Lynch, Morgan Stanley, and Deutsche Bank. Susan holds a Bachelor of Science in Foreign Service with a concentration in International Economics from Georgetown University.
Managing Director and Chief Economist
Group Research
DBS Bank
Taimur Baig, PhD, heads global economics as well as macro strategy for interest rate, credit, and currency at DBS Group Research. He also advises the bank on risk management and investment strategy.
Prior to joining DBS, Dr. Baig was a Principal Economist at the Economic Policy Group, Monetary Authority of Singapore (MAS). Earlier, he spent nine years at Deutsche Bank’s Singapore office, where his last position was Managing Director and Chief Economist, Asia. During 1999-2007, he was based in Washington, DC, at the headquarters of the International Monetary Fund, where his last position was Senior Economist.
Dr. Baig has published extensively for both specialists and a general audience, on areas including monetary policy, digital currency, climate change, demographics, fiscal policy efficacy, and financial market contagion. He is the host of “Kopi Time,” a widely followed podcast series on markets and economies.
Dr. Baig is an Honorary Advisor to the Global CFO Network, Director Fellow at the Asian Financial Cooperation Association, Board Advisor at Indo-Pacific Advisory, and Council Member of the Economic Society of Singapore. He holds a PhD in Economics from the University of Illinois at Urbana-Champaign. He attended London School of Economics and Wabash College for his B.A. in Economics.
Chief Executive Officer, Director
DBS Group
Ms Tan Su Shan is the CEO and Director of DBS Group.
Su Shan was previously the Deputy CEO and Group Head of Institutional Banking, and before that, Group Head of Consumer Banking and Wealth Management for close to a decade.
Su Shan has over 35 years of experience in consumer banking, wealth management and institutional banking. Besides Singapore, she has experience in major financial centres such as Hong Kong, Tokyo and London.
In 2025, Su Shan ranked 6th globally in Fortune’s Most Powerful Women in Business List, making her the only Singaporean to feature in the Top 10. In the same year, Su Shan was ranked 28th globally in Fortune’s Most Powerful People in Business List as the only Singaporean in the Top 30. In 2024, she was also featured on Forbes Asia’s Power Businesswomen List.
Su Shan sits on the advisory board of Dyson’s family office, Weybourne Holdings, as well as on the boards of the Singapore Economic Development Board and Climate Impact X Pte Ltd.
Group Treasurer
Mapletree Investments Pte. Ltd.
Mr Vipul is the Group Treasurer of Mapletree Group. He is responsible for the treasury, financing, debt profile and cash management planning, and hedging strategies for Mapletree Group and its investments across countries.
Mr Vipul joined Mapletree in 2008 under the Mapletree Executive Programme and has been with the company for over 17 years within the treasury function, leading project financing and hedging strategies in several markets including Australia, India, Japan, UK and Europe, and the USA.
Mr Vipul has a Master in Business Administration from the National University of Singapore and is a Fuqua Business School (Duke University) alumnus.
Global Head Of eFX Liquidity, Product & Governance, Head Of Asia eFX Trading
Bank of America
Ping Tan is a Managing Director at Bank of America (BofA) . She heads the Asia EFX trading team based out of Singapore, with global oversight of the principal EFX traders managing risks for the electronic FX franchise. Besides her trading risk mandate, she is also responsible for product development strategy across EFX and the wider Global FX & Emerging Markets, to continue expanding BofA’s electronic offering, while overseeing all regulatory and governance-related matters for EFX globally.
Ping joined the BofA Singapore office in 2004 as an Emerging Markets FX trader before being posted to the London office in 2006 and established the EFX trading desk operation globally in 2007. She relocated to Hong Kong office in October 2015 to and had the opportunity to move back to the Singapore office in May 2022 on the back of her expanded global role into Product Strategy.
Beyond her day job, Ping is heavily involved in various D&I initiatives at the firm including BofA Philanthropy Committee, as well as past leadership roles chairing the APAC FICC Employee Engagement Committee, co-chair of Hong Kong Parents & Caregivers Network, APAC Women Leadership Council, Global Markets Campus Recruitment Committee, and proud recipient of 2016 Global Volunteer Award. Outside the firm, she sits on FMAS (formerly ACI Singapore) Executive Committee as Deputy President, chairs the Women@FMAS sub-committee, and is the APAC Regional chair for Global ACI Women in Global Markets Committee.
Ping graduated from Nanyang Technological University of Singapore with a Bachelor’s Degree in Accountancy.
President
SGX Group
Mr Michael Syn is President of SGX Group. He has management responsibility for SGX’s markets and platforms across asset classes. He heads SGX’s Global Markets Division, and is CEO for SGX’s stock market, central depository and futures markets and clearinghouse.
Mr Syn serves on the board of Sentosa Development Corporation. He chairs Mount Faber Leisure Group, a leading operator of leisure and lifestyle attractions in Singapore anchored around the Singapore Cable Car Sky Network. He graduated with MA and PhD degrees from Cambridge University and attended the Harvard Advanced Management Program.
Regional Head,
Corporate Advisory Group
DBS Bank
Ms. Eileen Chia is the Regional Head of Corporate Advisory Group at DBS. With over 25 years of banking experience in global financial markets, Eileen has an acute sense in driving business through cross border collaboration that harness the potential of network and resources. She is also a strong believer in tapping on expertise of teams across markets and product specialisation to customise client-centric solutions that best support customers’ needs.
Prior to DBS, Ms. Chia leads the global markets sales team at UOB supporting various client segments from financial institutions to large corporates, SMEs and retail customers. Ms. Chia spent the earlier part of her banking career in Bank of America before assuming leadership roles in Nomura and Bank of Tokyo Mitsubishi. Ms. Chia serves as the Executive Committee of Financial Markets Association of Singapore and is a supporter of the mentorship program under Financial Women’s Association of Singapore.
Managing Director
Financial Markets Association of Singapore
Dr. Kevin Cheong joins the Financial Markets Association of Singapore as its Managing Director.
Kevin has held leadership positions in the tourism industry: Managing Director & CEO of JTB Destinations & JTB-MEEMO (Asia Pacific) (2009 to 2011) and Commercial Director for Sentosa Development Corporation (2001 to 2006). As a tourism and destination development consultant, Kevin’s portfolio includes tourism attractions and resorts such as: Singapore Flyer, Sentosa Luge & Sky Ride, Legoland Resort Malaysia, Desaru Coast, Chimelong Resorts in China, JTB Corp in Japan and the Titanic Museum Attraction in the USA.
Since 2019, Kevin lectures at the University of Newcastle (Australia) and Singapore Management University, where he delivers undergraduate and postgraduate courses on topics including Sustainability Innovation, Corporate Governance, Digital Transformation, and Strategic Management. He is also co-editor of the book Vision for the Future: Towards More Vibrant, Sustainable and Smart Cities (2024) and has published articles on AI transformation in hotels (2025) and digital learning stress (2024).
Kevin is a member of Ngee Ann Polytechnic’s Advisory Committee (BA) and University of Newcastle’s Industry Advisory Board. He was co-chair of the Attractions, Leisure & Recreation Skills & Competency Framework Committee, Singapore’s Workforce Development Agency and a member of the Curriculum Review Committee, Singapore Polytechnic.
He is a Project Consultant for the Global Sustainable Tourism Council (since 2023) and has served multiple terms as Chairman of the Association of Singapore Attractions (2010–2016, 2020–2022).
Kevin holds a Doctor of Business Administration (DBA) from Singapore Management University and a Master of Science (MSc) in Finance from Baruch College, City University of New York, USA.
Treasurer
AFMF 2025 Organising Committee
Partner
Dymon Asia Capital
Mr. Lee Beng Hong is now Partner (CEO office) at Dymon Asia. Under the CEO office, he holds oversight responsibilities for the firm’s trading, treasury, and technology functions, contributing to the strategic direction and operational efficiency of the organization.
Prior to joining Dymon Asia, Mr. Lee was a member of the Group Executive Management Committee at SGX Group and served as Head of Fixed Income, Currencies and Commodities (FICC) & Head of Wholesale Markets & Platforms (WMP). During his tenure, he spearheaded the growth of the Group’s core FICC businesses and new off-exchange businesses and advanced its technology services in digitalisation and automation.
With over 20 years of experience in financial markets, Mr. Lee previously held senior roles at Deutsche Bank, specializing in Asian FICC. His last role was leading Deutsche Bank’s financing and solutions group for North Asia, alongside his responsibilities as Executive Vice President of Deutsche Bank China and Head of Global Markets, China. He began his career at Deutsche Bank Singapore, managing rates and FX trading books.
Mr. Lee holds a Master of Science in Financial Engineering from Nanyang Technological University and a Master of Engineering (Civil) from the National University of Singapore.
Head, Legal, Financial Markets
Standard Chartered Bank
John Ho is the Global Head of Legal, Financial Markets for Standard Chartered Bank (“SCB”), overseeing and providing legal advisory, transactional and documentation support for Financial Markets (FM) business globally for Standard Chartered Bank (SCB), its branches and affiliates. Mr Ho is a member of Regulatory Working Group of the ACI FMA. Mr. Ho is also the co-chair of (1) the ISDA South East Asia Legal and Regulatory Committee and (2) the ISDA Asia Pacific ESG Working group.
Mr Ho is on the Financial Stability Board’s (FSB’s) Taskforce on the Legal, Regulatory and Supervisory Frameworks, GFMA Artificial Intelligence (AI) Steering Group, and the FIA Asia Pacific Advisory Board. Mr. Ho is also the co-chair of (1) the ISDA South East Asia Legal and Regulatory Committee and (2) the ISDA Asia Pacific ESG Working group. Mr. Ho is a member of the panel of experts of P.R.I.M.E. Finance, the financial markets dispute resolution service based in The Hague.
He is an active participant in the industry’s Fintech events and is a public speaker on topics such as Central Bank Digital Currencies, Blockchain, Digital Assets, Financial Markets, Sustainability and Regulatory Reforms. He serves as a mentor to startups and co-authored a publication from the World Economic Forum called The Digital Currency Governance Consortium Whitepaper, published in November 2021. He is a also mentor for the UK FCA Sustainability TechSprint, FCA Digital Sandbox, R3 and LongHash.
Prior to joining SCB, Mr. Ho was the Managing Director Principal in the legal department of Bear Stearns (Japan), Ltd (“Bear Stearns”) where he supported the Asia franchise (including Tokyo, Hong Kong, China, Taiwan, Korea, India and South-east Asia) from January 2003 to August 2008 covering various structured products and derivatives including equity derivatives, credit derivatives, fixed income and commodities.
Prior to joining Bear Stearns, Mr. Ho worked as Asia equity counsel for Lehman Brothers in Tokyo with experience dealing in convertibles, options, warrants, delta one products and other types of equity derivatives transactions, equity finance and equity capital markets.
He is qualified as an advocate and solicitor in Singapore since 1995 and he received his law degree from the National University of Singapore.
Managing Partner & Deputy Chief Executive Officer
Dymon Asia Capital
Mr. Kenneth Kan is the Managing Partner and Deputy CEO at Dymon Asia Capital. With extensive experience in trading and portfolio management, he joined Dymon Asia in 2012 and has since played a vital role in the firm’s growth.
As Deputy CEO, Mr. Kan focuses a lot of his time on Talent; overseeing the Business Development department, ESG efforts, Investor Relations, Human Resources, Communications, CSR, and Group Administration.
Mr. Kan’s industry involvement extends beyond his role at Dymon Asia. He serves on the Exco of the Financial Markets Association of Singapore (FMAS), where he also chairs the Education sub-committee. Furthermore, he actively participates in three working groups initiated by the Monetary Authority of Singapore (MAS): the Human Resources Industry Group, the Singapore Foreign Exchange Market Committee and the Financial Sector Tripartite Committee. He is also a valued member of the SBAI ESG working group and holds the distinction of being an IBF Fellow.
Outside of his professional roles, Mr. Kan contributes to non-profit organizations as a board member of The Majurity Trust, Ray of Hope, and the Children’s Museum of Singapore. He graduated from Santa Clara University with a Bachelor of Science in Commerce (Finance).
Through his leadership and expertise, Mr. Kenneth Kan continues to make a significant impact in the financial sector and the community.
Global Head of FX Flow & EM Linear Rates Trading
Global Markets, AEJ
Nomura Singapore
Mr. Leng Hoe Lon is Global Head of FX Flow & EM Linear Rates Trading Global Markets, AEJ at Nomura Singapore. He also leads Nomura’s Cross Markets proprietary trading business in Asia.
Hoe Lon has 25 years of experience in trading and investing in financial markets. He started his career at Deutsche Bank, followed by trading roles across Asia and London with JP Morgan, ABN AMRO, Goldman Sachs, and Tudor Capital. Prior to joining Nomura, Hoe Lon was Head of Financial Markets (Singapore, Brunei and Australia) and Head of Macro Trading (ASEAN and South Asia) at Standard Chartered Bank.
In addition to his sellside and buyside experience, Hoe Lon has been a founder, advisor, and investor of various startups in Artificial Intelligence, Data Analytics, and Blockchain. He has published two books: Decrypted – A Financial Trader’s Take on Cryptocurrency and Deflated – How To Find Your Footing in a Shaky Blockchain Investment World.
Hoe Lon earned a bachelor’s degree from the University of Warwick, and he is a CFA charterholder.
Managing Director,
Head of APAC Fixed Income and FX Trading
BlackRock
Patrick Leung, CFA, Managing Director, is head of APAC Fixed Income and FX trading. He is responsible for overseeing fixed income and FX trading activity in the region.
Mr. Leung’s service with the firm dates back to 2005, including his years with Barclays Global Investors (BGI), which merged with BlackRock in 2009.
Mr. Leung earned an M. Eng degree from Cornell University and an MBA from New York University.
Managing Director,
Financial Markets Association of Singapore
Ravi started his career in the financial markets as a broker followed by a couple of years’ stint in Tokyo. In 1994, Ravi joined HSBC’s Global Markets sales team in Singapore where he worked for twelve years covering execution flow in treasury products before joining Traditions to establish the THB IRS Desk. In 2006, Ravi joined SCB Singapore to cover the SEA Financial Institutions and Central Banks on flow execution and soon after, headed the bank’s sales desk. Ravi has always dedicated himself in building lasting relationships in Singapore and in the region.
In 2019, Ravi joined FMAS as the Managing Director, spearheading the association’s mandate for its members’ networking, education courses as well as mooting of the Asia Financial Market Forum. Ravi is also a member of ACI FMA Global Board of Education. Most importantly, Ravi is very proud and passionate about being part of the committee, instrumental in setting up the FMAS Trampoline Fund in 2020, an annual charity fundraising initiative of FMAS with more than 30 years of legacy.
Group Head of Markets - Asia Pacific
London Stock Exchange Group (LSEG)
Rohit Verma is Group Head of Asia Pacific, responsible for managing Markets business to ensure continued expansion in the region. The remit includes London Clearing House and other trading platform, risk and capital optimization propositions.
Rohit has over 24 years’ experience in the derivatives, prime brokerage, and risk management space. Before joining LSEG in 2021, he spent over nine years in senior strategic roles at Citi, including Head of Clearing and FX Prime Brokerage in APAC. During his tenure, Rohit also represented Citi at various Asian exchange risk committees and workgroups. Prior to this, he was Deutsche Bank’s APAC Head of Risk Management, overseeing market and counterparty risk management for their asset management business.
Rohit holds an MBA in Finance from the National University of Singapore and is FRM certified.
In addition to representations on various LSEG management committees, Rohit Chairs the Board of Directors for Refinitiv Transaction Services Pte Ltd. He is also on the Executive committee of Financial Markets Association of Singapore (FMAS) as well as a member of the Singapore Foreign Exchange Market Committee (SFEMC).
Managing Director
Senior Relationship Manager, Asia Pacific
Barclays
Samuel is Senior Relationship Manager, Asia Pacific, and is based in Singapore. Partnering closely with teams from Investment Banking and Global Markets, he focuses on delivering the entire firm to its largest and most complex institutional clients around the world. He is also a member of the Singapore Management Team.
Prior to his current appointment, Samuel was the Head of Real Money and Hedge Funds Macro Distribution, a role which he took on in 2016, and was responsible for distribution of Macro products into the Hedge Fund and Real Money client base.
Samuel was previously Head of Macro Real Money and Official Institutions Sales with teams in Singapore and India where he managed the delivery of currency, interest rates and precious metal products to Asset Managers, Central Banks and Sovereign Wealth Funds.
Since joining Barclays in 2006, Samuel has held a number of leadership positions with various responsibilities, including Emerging Market and FX sales to Official Institutions.
Samuel is also the Chair of the Barclays APAC Citizenship Council.
He joined Barclays from Merrill Lynch where he worked in Singapore, Tokyo and Hong Kong, having started his career as a FX Forwards trader in London in 2001.
He graduated from Cambridge University in 2001 with a MA in Geography.
Master of Ceremonies
AFMF 2024
Visiting Professor-in-Practice
London School of Economics
Lutfey Siddiqi is a Visiting Professor-in-Practice at the London School of Economics where he also sits on the advisory boards of the Systemic Risk Centre, the foreign policy think-tank LSE IDEAS, and the Inclusion Initiative in the Behavioural Science department. He is an Emeritus Governor of LSE and a former member of LSE investment committee.
Concurrently, he is an Adjunct Professor at the National University of Singapore and advisory board member at the centre for governance and sustainability, NUS Business School.
He is a member of the governing board of UWC Atlantic College, Wales and a former member of the governing board of New City College Group, England.
Lutfey is a member of the World Economic Forum global future council on fiscal and monetary policy, having previously served on the councils for inclusive finance, capital markets, and infrastructure investment.
He was previously Global Head of Emerging Markets for Foreign Exchange, Rates & Credit at UBS Investment Bank where he was also the founding head of UBS Knowledge Network. Prior to that, he worked at Barclays and Deutsche bank in both London and Singapore.
Head of Marketing, ASEAN, ANZ and South Asia,
Bloomberg L.P.
Eric is a curious marketer who had the privilege to enable brands and businesses achieve tangible results for more than 20 years. He prefers to think without boxes and believes in continuous learning. He also still harbours hope to be a professional footballer one day.
Deputy President,
FMAS
Head of Global Treasury International
OCBC Bank Ltd
Mr Samuel Koh joined Global Treasury, OCBC Bank in April 2013. His current role is the Head of Global Treasury International. With more than thirty years of experience in the financial market, he has been a thought leader at various stages of the development in the emerging markets in Asia. He started his career with Citibank Singapore in 1990 and has worked in various capacities in Citibank, Pacific Asset Management and OCBC Bank in Singapore, as well as HSBC and Bank of China in Hong Kong.
During the span of his career, he was involved in the development and trading of Asian regional currencies Interest Rate and FX Derivatives. In 1998, he transacted the first interbank Singapore Dollar interest rate option contract. On top of that, he spends time training and mentoring the newer generations of financial market professionals across many countries.
He is the Deputy President of the Financial Markets Association of Singapore (previously known as ACI Singapore). Within the organisation, he promotes the welfare and education of financial market practitioners in Singapore. He was the Chairman of the ACI Charity Golf which raises funds for charity organisations in Singapore in 2007, 2008 and 2017. He was awarded the 2019 Institute of Banking and Finance, IBF Fellowship Award, recognising his contribution to the financial industry in Singapore.
Mr Koh holds a Bachelor of Business Administration from the National University of Singapore and a Masters in Applied Finance from Macquarie University Australia.
