Singapore Bullion Market Association
Past Event SBMA MEMBERS ENGAGEMENT: SBMA VISITS HYDRAX PTE LTD As part of our ongoing member engagement initiatives, the SBMA Secretariat had the pleasure of visiting HydraX yesterday. We extend our sincere appreciation to Jingkai Peng, SVP Account Management, for the warm welcome, insightful discussions, and an engaging tour of the office. HydraX is a…
Past Event SBMA Members Engagement: Visit to Mustafa’s Pte Ltd The SBMA Secretariat had the privilege of visiting Mustafa Pte Ltd last week and meeting with Mr. Mustaq Ahmad, the founder of Mustafa, and Mr. Ronnie Faizal Tan, Overseas Project in Charge. From left: Ronnie Faizal Tan, Overseas Project in Charge, Mustafa’s Pte Ltd; Albert…
Past Event Dubai Business Group for Bullion and Gold Refinery (DBRG) official launch On behalf of SBMA, we extend our warmest congratulations to Dubai Bullion & Refinery Group (DBRG) on its official launch today, February 11, 2025. Our CEO, Albert Cheng, shared his congratulatory message, highlighting the growing significance of emerging gold trading hubs such…
Past Event SBMA CEO ALBERT CHENG SHARES INSIGHTS ON GOLD INVESTMENT FOR 2025 ON BT MONEY HACKS PODCAST SBMA CEO, Albert Cheng, recently joined Howie Lim on the Money Hacks podcast by The Business Times, alongside Robin Tsui, APAC Gold Strategist at State Street Global Advisors SPDR. Together, they explored the ever-intriguing topic of gold…
Past Event Celebrating the Year of the Snake with Integral Software Singapore SBMA CEO Albert Cheng, Business Director Margaret Wong, and Marketing and Communication Executive Clara Chang had the pleasure of attending Integral’s appreciation drinks and Louhei yesterday. The festive gathering was a wonderful opportunity to celebrate the season and strengthen bonds within the precious…
Past Event SBMA Visits Mahesh & Co as Part of 2025 Member Engagement Initiatives As part of our ongoing 2025 Members Engagement Initiatives, the SBMA Secretariat and Vice-Chairman Vinh Nguyen from StoneX Group Inc. recently visited our valued member, Mahesh & Co Pte Ltd. This visit provided an excellent opportunity to deepen our understanding of…
Past Event 3rd WGC-SBMA ACADEMY 2025: GOLD INDUSTRY TRAINING PROGRAMME HIGHLIGHTS The SBMA Secretariat has shared the presentation slides from this year’s WGC-SBMA Academy with all participants. In addition, photos of certificate presentations and event highlights are now available on our newly revamped SBMA Academy webpage, which celebrates the Academy’s journey and the milestones we’ve…
Past Event MKS PAMP Introduces New Cast Bars Design Leveraging Pioneering AI-Powered Technology SBMA is excited to congratulate our member, MKS PAMP, on the launch of their newly designed gold cast bars using an advanced AI-powered system that leverages neural networks to optimize cast bars’ integrity, security features, and data tracking which further demonstrates their…
Past Event Team SBMA & KIS wishes you a Merry Christmas The SBMA team had a fantastic lunch with our friends from KIS (Kallanish Index Services) today. It was a great opportunity to strengthen our partnership, share ideas, and discuss collaborative efforts for the precious metals industry. 2024 marks the second year of SBMA’s partnership…
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.
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.
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, represents the interests of the Association, and is responsible for all the legal and regulatory aspects of the work of the Association. He is the primary contact for regulators and government bodies on bullion market development.
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.
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.
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.
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.
Vinh Nguyen joined StoneX Group in Singapore at the beginning of 2008 and responsible for its APAC precious metals activities since 2019 until now.
