Singapore Bullion Market Association
Past Event “Gold, Dollar, Bitcoin” at the Goldman Sachs Southeast Asia Investor Conference 2025 Panelist from left: (moderator) Janice Foo, managing director, Asia Pacific Ex-Japan Macro Sales, Global Banking and Markets, Goldman Sachs; Albert Cheng, CEO, SBMA; Kelvin Koh, co-founder & partner, chief investment officer, Spartan Capital; Danny Suwanapruti, head, Asia Emerging Markets Foreign Exchange…
Past Event SBMA HOSTS LAO BULLION BANK DELEGATION IN SINGAPORE The SBMA was delighted to welcome and host the Lao Bullion Bank (LBB) delegation, led by Mr. Khamsone Sitthixay, Board Member of LBB, during their recent visit to Singapore. We had a productive exchange on potential areas of collaboration and look forward to LBB’s continued…
Past Event SBMA MEMBERS ENGAGEMENT: BR METALS PTE LTD The SBMA Secretariat had the pleasure of visiting BR Metals Pte Ltd today as part of our ongoing members’ engagement programme. Related Links: Crucible 33 | STRENGTHENING INDUSTRY BONDS: THE SBMA MEMBER ENGAGEMENT INITIATIVE By Clara Chang, Marketing & Communications Executive, SBMA A big thank you…
Past Event VISIT TO HUA SENG HENG HQ EXCLUSIVE TO SBMA SECRETARIAT During our Thailand delegation, the SBMA Secretariat visited our foreign member, Hua Seng Heng Group, at their headquarters in Bangkok. We were given a tour of their flagship jewellery store and a detailed introduction to their innovative GOLD NOW gold savings app. A…
Past Event DINNER AND NETWORKING DRINKS HOSTED BY MTS GOLD GROUP, FOLLOWED BY VISIT TO REFINERY Thank you to MTS Gold Group for graciously hosting our SBMA delegates to an evening of networking over dinner and drinks after The Thailand Gold Forum. The following day, our delegates were also treated to an insightful tour of…
Past Event SBMA at the Networking Reception hosted by the World Gold Council and the Gold Traders Association The Singapore Bullion Market Association (SBMA) members’ delegation to the Thailand Gold Forum was honoured to be invited to the Networking Reception hosted by the World Gold Council and the Gold Traders Association. Thank you for the…
Past Event THAILAND GOLD FORUM SESSION MODERATED BY ALBERT CHENG, CEO OF SBMA Mr. Albert Cheng, CEO of SBMA, had the honour of moderating the insightful panel discussion on the gold markets across Southeast Asia. A heartfelt thank you to our distinguished panellists — Mr. Nikos Kavalis, Mr. Shaokai Fan, Ms. Souphaphone Souannavong, and Mr.…
Past Event SBMA AT THAILAND GOLD FORUM 2025 The Singapore Bullion Market Association (SBMA) is pleased to be present at the Thailand Gold Forum 2025, held at the Queen Sirikit National Convention Center (Rooms 208–209, 2nd Floor). Related Links: SBMA Overseas Outreach Looking for Us? Let us contact you!
Past Event DINNER HOSTED BY HUA SENG HENG FOR DELEGATES AND THEIR GUESTS Thank you Hua Seng Heng Group for hosting dinner for the SBMA delegation today! It was a great networking session to catch up with members and industry peers from across the region, ahead of the Thailand Gold Forum tomorrow. Related Links: SBMA…
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…
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.
