Singapore Bullion Market Association
Past Event WELCOME TEA PARTY HOSTED BY YLG BULLION AT YLG BULLION INTERNATIONAL CO., LTD. The SBMA delegation was warmly hosted at YLG Bullion’s headquarters in Bangkok for a welcome tea gathering. A special thank you to Khun Pawan for leading the conversation and facilitating meaningful discussions. This visit provided our delegation with a valuable…
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GALLERY Lao Delegation Trip LBB_REALTIME_FESTIVAL-02718-2 LBB_REALTIME_FESTIVAL-02076-2 LBB_REALTIME_FESTIVAL-4-2 LBB REALTIME FESTIVAL LBB REALTIME FESTIVAL LBB_REALTIME_FESTIVAL-02676-2 SBMA-at-Lao-Gold-Festival-2025-61-2 SBMA-at-Lao-Gold-Festival-2025-59-2 LBB REALTIME FESTIVAL LBB_REALTIME_FESTIVAL-01507-2 SBMA-at-Lao-Gold-Festival-2025-46-scaled-2 SBMA at Lao Gold Festival 2025 SBMA at Lao Gold Festival 2025 SBMA-at-Lao-Gold-Festival-2025-13-scaled-2 SBMA at Lao Gold Festival 2025 SBMA at Lao Gold Festival 2025 SBMA at Lao Gold Festival 2025 SBMA-at-Lao-Gold-Festival-2025-10-2 SBMA-at-Lao-Gold-Festival-2025-11-2 SBMA-at-Lao-Gold-Festival-2025-14-scaled-2…
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Past Event SBMA at the inaugural Lao Gold Festival Singapore Bullion Market Association was honoured to lead a delegation to attend the inaugural Lao Gold Festival organized by our foreign associate member, Lao Bullion Bank (LBB), and witnessed the launch of its LBB Plus app during the Gala Dinner. Our Chairman, KL YAP was invited…
Past Event SBMA DELEGATION AT VIP DINNER DURING THE LAO GOLD FESTIVAL A big thank you to Lao Bullion Bank (LBB) for hosting our delegation at a wonderful VIP dinner during the Lao Gold Festival. The evening was made even more special with a meaningful cultural blessing for attendees. We truly appreciate the warm hospitality…
Past Event SBMA delegation at Lao Bullion Bank (LBB) for a tour of the facility The SBMA delegation at Lao Bullion Bank for a tour of the facility where we were shown the LBB’s gold authentication equipment, the gold bar dispensing ATM as well as their refining lab. We wish LBB success in their bullion…
Navigate Article List Key Insights From SBMA’s Asia Pacific Precious Metals Conference 2025 By JONI TEVES, Chief Precious Metals Strategist, UBS Investment Bank How Four Generations’ Experiences Built the Foundation for Singapore’s Premier Bullion Company By BRIAN LAN, Managing Director, GoldSilver Central Pte. Ltd. Outreach to Shanghai: Deepening Regional Market Access By ALBERT CHENG, CEO,…
Past Event Vietnam has officially abolished its 13-year state monopoly on gold bar production and trading Vietnam, Asia’s third-largest gold importer, has officially abolished its 13-year state monopoly on gold bar production and trading with the issuance of Decree No. 232/2025/ND-CP. This landmark reform shifts the market from exclusive state control to a licensing system,…
Upcoming Event Thailand Gold Forum Singapore Bullion Market Association is pleased to share that our CEO, Albert Cheng, will be moderating a panel discussion at the Thailand Gold Forum on 10 September 2025, held at the Queen Sirikit National Convention Center, Bangkok. In addition, the SBMA Secretariat, joined by Margaret Wong and Clara Chang, will…
Pawan is the CEO of YLG Bullion Singapore and founder of YLG Bullion International. She has almost 40 years of experience in the jewellery industry and established YLG in Thailand in 2003. In 2012, she brought YLG to Singapore. She sits on the Board of Directors of the Thailand Gold Traders Association, the Thailand Futures Exchange’s Arbitration Committee, and the Rotary Bangkok committee. She holds a master’s degree in Political Science.
Chief Executive Officer
Albert Cheng joined the World Gold Council in March 1993 as a Regional Manager, becoming Managing Director, Far East in 2003. He retired at the end of March 2015 and was subsequently named its Advisor. He has also been an International Advisor to the Shanghai Gold Exchange since 2002.
His marketing career began with Dentsu Young & Rubicam, Hong Kong in the early 80’s. He began gold marketing in July 1985 when he joined the Royal Canadian Mint as a Regional Manager for Southeast Asia.
He was appointed honorary CEO of SBMA in November 2015. He is responsible for the success and strategic development of SBMA in partner with the Chairman and the Management Committee. Also, he is responsible for maintaining accountability to and the quality of, the Association’s Membership and the annual Asia Pacific Precious Metals Conference (APPMC) as well as representing the interests of the Association in relation to regulators, investors, media and international precious metal markets, and also responsible for all the legal and regulatory aspects of the work of the Association.
BUSINESS DIRECTOR
Margaret Wong, Business Director at SBMA (Singapore Bullion Market Association), brought valuable experience from her previous role at the World Gold Council (WGC). Her tenure at WGC provided her with extensive exposure to the gold community in Singapore and the broader region. This background has been instrumental in establishing strong working relationships within the industry.
Margaret’s role at SBMA encompasses a diverse range of responsibilities. She oversees office management, business support processes, finance, and administrative functions essential for the smooth operation of the team and management committee. Additionally, Margaret handles membership matters, member communications, and addresses public inquiries related to SBMA.
One of Margaret’s key responsibilities is coordinating with the Event Management Company for SBMA’s prestigious annual event, the Asia Pacific Precious Metals Conference. This flagship conference plays a crucial role in the industry, making her involvement pivotal in its success.
Described as resourceful and self-motivated, Margaret Wong brings a wealth of skills and experience to her role at SBMA, ensuring efficient operations and effective engagement within the precious metals community in Singapore and beyond.
Fabian was a Business Development and Marketing Associate before joining SBMA. He graduated from Singapore Management University with a Bachelor’s degree in Economics.
He has joined SBMA since February, 2022.
Vinh Nguyen joined StoneX Group in Singapore at the beginning of 2008 and responsible for its APAC precious metals activities since 2019 until now.
Kazuya (Kaz) Naoki is the Head of Metals, Asia of ICBC Standard Bank in Singapore and is responsible for the precious & base metals sales and trading in the region. He joined Standard Bank Plc Tokyo Branch in 2008 and was relocated to its Singapore Branch in 2013 whose controlling stake was acquired by the Industrial and Commercial Bank of China in 2015. Prior to joining Standard Bank, Kaz spent 11 years focusing on commodity trading and risk management with Mitsui & Co in Tokyo, Sydney and London. Kaz has been serving on the SBMA Management Committee since 2016.
Andrew Clarke is the Head of BGS (Brink’s Global Services) for Singapore, Indonesia, Malaysia and Brunei. He has held various leadership positions throughout his career in secure logistics and risk management with Brink’s, which started in Hong Kong in 2010. Andrew relocated to Singapore in 2018 to expand the precious metals line of business along with Brink’s portfolio of services and industries.
Raman is Executive Director and Head of Commodities Sales, APAC, for J.P. Morgan. He joined JPMorgan in 2008 in New York, moved to Singapore in 2011, and helped expand the precious metals business in the region. Raman has an MBA from Cornell University, and likes to travel in his spare time.
