Singapore Bullion Market Association
Navigate News List Malaysia’s Gold Market 16 May 2017 DOWNLOAD PDF Introduction Like many other Asians, Malaysians are familiar with using gold as a store of wealth, as a currency hedge, or for gifts for cultural or religious ceremonies such as weddings, festivals and other special occasions. Additionally, dinar coins are well-received by Malaysians as…
Navigate News List Indonesia Gold Market 15 May 2017 DOWNLOAD PDF Introduction Indonesia is an archipelago of more than 1,700 islands with a population of 255 million people (2015). The major populated islands are Java, Sumatera, Kalimantan (Borneo), Nusa Tenggara, Sulawesi, and Papua. Indonesia is a gold exporting nation, and is home to the world’s…
Navigate News List ASEAN Gold Market 5 May 2017 DOWNLOAD PDF Introduction: Asean region The launch of the Asean Economic Community (AEC) on 31 December 2015 was a major milestone in Asean’s regional economic integration agenda and the next stage of the organisation’s evolution, which began in 1967 with five member countries. It is now…
Navigate News List Vietnam Gold Market 24 January 2017 Introduction: Asean region Gold has played an important role in Vietnamese life and also Vietnam’s economy for many years. Vietnam went through war, high inflation, economic instability and currency devaluation. As a result, gold has been trusted more than its own currency and also the preferred…
Navigate News List Gold Demand Trends Full Year 2016/World Gold Council 24 Januart 2017 LEARN MORE A four-year high in investment drove price gains and demand growth 2016 full-year gold demand gained 2% to reach a 3-year high of 4,308.7t. Annual inflows into ETFs reached 531.9t, the second highest on record. Declines in jewellery and…
Navigate News List The Gold market in 2017/World Gold Council 13 Januart 2017 LEARN MORE In 2016, investors around the world returned in large numbers to the gold market, as a combination of macroeconomic drivers and pent up demand kept interest in gold high. As we start the new year, there are some concerns that…
Navigate News List SGX announces world’s first Shariah-compliant gold future contract 19 December 2016 LEARN MORE Singapore Exchange (SGX) is pleased to announce that its Singapore Kilobar Gold Contract has become the world’s first Shariah-compliant gold futures. SGX launched the world’s first exchange-traded, physically delivered wholesale gold futures in October 2014, in partnership with the…
Navigate News List Shariah Gold Standard will create new asset class in Islamic Finance 6 December 2016 DOWNLOAD PDF The AAOIFI Shari’ah Standard on Gold can help to solve the growth constraints facing Islamic finance. Gold has a deep and historical connection with Islamic civilisations. However, the complex treatment of gold in Islamic tradition has…
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.
