SGX CEO Bocker set to leave by end-June

The search for the next CEO is on.

Singapore Exchange CEO Magnus Bocker is leaving his post by the end of June, the SGX revealed yesterday.

Bocker is not seeking extension of his appointment beyond his current contract, which will be completed on 30 June 2015. He has been the CEO of SGX since 1 December 2009.

“There is a time and season for everything, and it is now time for me to take on new challenges,” Bocker stated.

The SGX Board is moving forward with its CEO succession plan and is assessing internal and external candidates on a short list.

It has engaged the global executive search and leadership advisory firm Spencer Stuart to facilitate the process.

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