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SINGAPORE, March 6 (Reuters) - Singapore Exchange SGXL.SI said on Thursday that it has appointed Jean-Philippe Male as its chief executive officer of SGX FX, effective April 1, according to a stock exchange filing.
Male, previously CEO and co-founder of FX over-the-counter business BidFX that was acquired by SGX in 2020, will lead the SGX FX management team as it works on expanding as a growth engine for the group, SGX said in the statement.
Male is currently SGX FX president, a position he held since middle of last year, according to the statement.
The appointment came one month after SGX reported its highest ever half-year profit since going public in 2000, partly bolstered by its over-the-counter FX business where net revenue grew 35.7%.
"These changes reflect our commitment to continuously evolve and strengthen our leadership team to meet the dynamic needs of our business and stakeholders," said SGX CEO Loh Boon Chye in the statement.
SGX also said that Lee Beng Hong, its head of wholesale markets and platforms, will be moving on from his position to pursue new opportunities, and its group chief technology officer Thijs Jacobs will step down.
Jacobs' responsibilities will be covered by chief information officer Tinku Gupta, SGX said, while it looks for a formal replacement for the role.
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