Singapore Bullion Market Association
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 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 SBMA: A Catalyst for Global Connectivity On 14 November 2024 – Indonesia Financial Services Authority (OJK) issued OJK Regulation (POJK) Number 17 of 2024. This landmark regulation establishes comprehensive guidelines for conducting bullion business activities, including gold deposits, trading, financing, and custody. The framework emphasizes prudential principles, good governance, risk management, and adherence…
Upcoming Event 3rd WGC-SBMA GOLD INDUSTRY TRAINING PROGRAMME – REGISTRATION CLOSED We are excited to have you join us and we look forward to an engaging and productive learning experience. As we approach the training date, please take a moment to review the important logistics below: About the 3rd WGC-SBMA Gold Industry Training Programme Following…
Past Event SBMA Signs MoU with Lao Bullion Bank (LBB) to Strengthen Cooperation and Develop the Precious Metals Hub in Laos In a significant move to bolster regional cooperation and expand Laos’ role in the global precious metals market, the Singapore Bullion Market Association (SBMA) signed a Memorandum of Understanding (MoU) with Lao Bullion Bank…
Past Event SBMA Delegation to Laos Cancelled We regret to inform our members that the SBMA Delegation to Laos, initially scheduled for October 2024, has been cancelled due to unforeseen circumstances. We understand the anticipation surrounding this event and apologise for any inconvenience this may cause. Your support and understanding are greatly appreciated. Looking Ahead:…
Past Event Welcoming Five New Associate Members to SBMA in Q3 2024 The Singapore Bullion Market Association (SBMA) is delighted to welcome five new companies as corporate members this quarter, reflecting the continued growth of our association and the expansion of Singapore’s role as a leading precious metals hub in Asia Pacific. These new members…
Past Event SBMA MANAGEMENT AND LAO BULLION BANK DISCUSS PLANS FOR UPCOMING LAOS DELEGATION We’re hard at work finalizing the details for our SBMA Delegation to Laos, which will take place from 9 to 12 October 2024. This morning, some of our management committee members met with representatives from the Lao Bullion Bank and PTL…
Past Event CELEBRATING SINGAPORE’S 59TH NATIONAL DAY: A MESSAGE FROM SBMA As Singapore marks its 59th National Day, the Singapore Bullion Market Association (SBMA) joins the nation in celebrating this momentous occasion. A Message from Our CEO, Albert Cheng “Happy National Day, Singapore! This year’s theme, ‘Together, As One United People,’ speaks to the heart…
Past Event CONGRATULATIONS TO OUR SBMA MEMBER, MTS GOLD GROUP, ON THEIR EXCITING PARTNERSHIP WITH KBANK Congratulations to our SBMA member, MTS Gold Group, on their exciting partnership with KBank to launch their online gold trading service! Wishing MTS GOLD and KBank tremendous success in this new venture! Mr. Nattapong Hirunyasiri, CEO of MTS Gold…
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.
