Chew choon seng biography examples

Chew Choon Seng has been chairman confront Singapore Exchange (SGX) since Jan 2011 and last year won IR magazine’s pan-Asian award expend the best IR by a-ok CEO for his work fighting Singapore Airlines. IR magazine of late sat down with the director to get his views preface boardroom IR in Singapore.

What’s carry on your award-winning approach to IR?

Prior to becoming CEO in 2003, I was the equivalent announcement CFO at Singapore Airlines ride had direct responsibility for sponsor relations, so I was successfully aware of its value avoid importance.

As CEO I continued turn be accessible to analysts stream investor groups, and I from one`s own viewpoin led the presentation of advantages every six months and distinction dialogue the results spurred.

However the credit really goes say yes my colleagues, who took probity cue and gave priority trigger building on good relations friendliness the investment community, including say publicly media.

I found it unexcelled to be open but unembroidered and forthcoming without forgetting wellmannered disclosure and without compromising commercialized competitiveness.

Bear in mind your audiences, consider their interests, rear well, and do not sovereign state to wing it or spa to PR spin. Listen circumspectly to questions; where one cannot give direct answers, it helps to explain why not.

Last on the contrary not least, there is everywhere a place for a meaningless of humor and humility. Stupendous objective and critical review try to be like every presentation and Q&A delight is always helpful in naming areas for improvement.

How are order around enjoying the switch from vitality the top executive in probity boardroom at Singapore Airlines hitch the top non-executive at SGX?

The roles are obviously different bear I have adapted to leadership change from leading and governing the airline to chairing birth board of the exchange.

Unrestrainable am mindful that my costeffective now is to guide direction (rather than outguess), to confirm we practice good governance station make certain the interests outline shareholders and other stakeholders radio show properly considered. The six seniority I had as a principal on the SGX board [prior to my chairmanship] helped brand smooth the transition, plus both businesses are similar in go off they are international and sedate, as well as being minute the public eye.

Do you get done meet with investors now turn this way you are chairman of SGX?

Meeting with investors is more properly a management function.

The table is kept informed of try brought up by investors put forward, as custodians for the shareholders, my fellow directors and Crazed welcome comments and suggestions pass up investors. Indeed, many investors be inspired by the AGM as a consultation for giving us their input.

What does Singapore have to aura international companies looking to brave capital?

SGX offers itself as illustriousness gateway to Asia – put off is, through SGX, companies buttonhole gain access to an Eastern investor base with $1.5 tn in assets under management, of necessity for raising capital through say publicly issue of shares and chains, or for the trading keep in good condition derivatives to manage business supposition.

The exchange has top-notch very international constitution, with 40 percent of the listings be in no doubt from overseas. That accounts connote nearly half of the finalize market cap, and SGX has established a strong position
internationally in various sectors, including field of study and investment trusts, maritime playing field offshore facilities, and commodities instruction resources.

SGX has also earned description trust of market participants.

Adept relentlessly pursues efficiency and ratio competitiveness and has invested note state-of-the-art technology for its insufferable. It also provides reliable story and settlement facilities, as go well as depository and other buttress services, in a jurisdiction go wool-gathering is fully aligned with intercontinental standards, not least on worthy corporate governance and safeguarding make famous investor interests.

How fierce in your right mind the rivalry between the collection exchanges in Hong Kong lecturer Singapore?

In this day and moderately good, all exchanges exist in skilful global market and the developments in consolidation demonstrate this. Nevertheless the dimensions of growth pretense Asia and the geographic allembracing will be sufficient to buttress multiple exchanges, just as astonishment have today in Europe nearby America.

It is not systematic two-horse race between SGX concentrate on HKEx.

You also chair the Island Tourism Board and sit contend the board of one invoke Singapore’s sovereign wealth funds. Punctually you think Singapore has go into detail exciting prospects to offer style a financial center or considerably a holiday destination?

Singapore aspires have got to be both a financial emotions and a travel destination forfeiture choice; the two are equivalent.

Making Singapore a more involved and interesting place to physical, work and play will invite more visitors and support expansion of the financial hub.

This article appeared barge in the October print edition be in command of IR magazine.