Richard Teng, the chief regulatory officer at Singapore Exchange (SGX), has resigned from his position. He will leave on 28 February 2015.
Teng is leaving to join the Abu Dhabi Global Market Regulator, where he will be CEO.
SGX is yet to announce the appointment of a new chief regulatory officer, but is considering potential candidates.
Magnus Bocker, CEO of SGX, commented: “During his seven years with SGX, Teng made significant contributions to our success as a world-class market regulator.”
“He was instrumental in establishing a direct listing framework for China incorporated companies on the exchange, introducing a regulatory framework for secondary listings and augmenting safeguards in the stock market.”
