Singapore Exchange has hired Nico Torchetti as the new head of post-trade services from 1 August 2013.
Torchetti aims to lead the building of SGX’s central depository into a robust depository entity with capabilities across multiple currencies and asset classes.
He will also manage all post-trade services provided to retail investors, as well as, the broker and bank custodian segments of SGX’s members.
He will report to SGX president Muthukrishan Ramaswami.
Prior to SGX, Torchetti served as the global head of product development for sub-custody and clearing with HSBC in Hong Kong.
He joined HSBC from Deutsche Bank where he led the direct securities services division in Hong Kong and oversaw broker-dealer coverage for Asia. He also previously held roles at Fortis Clearing and Credit Agricole Indosuez.
