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Singapore Exchange taps Loh Boon Chye as CEO

Successor to the high-profile Magnus Bocker will face the same problem of falling trading volumes

Singapore’s stock exchange operator has hired a former senior Bank of America banker to succeed its high-profile chief executive Magnus Bocker.

Singapore Exchange tapped Loh Boon Chye, 51-until early this year deputy president and head of global markets for Asia-Pacific at Bank of America Merrill Lynch-to take over as CEO from July 14, the exchange said on Monday.

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