(EnergyAsia, June 29 2011, Wednesday) — Three Singapore-based firms, Singapore Exchange, Singapore Mercantile Exchange and BDP, have named senior executive appointments.
Singapore Exchange (SGX) has hired a veteran oil trader for the first time to head its commodities business underlining its attempt to become a leading commodities exchange in Asia.
Julie Heng, a gasoline trader, joined from European trading firm Mercuria Energy – where she set up and headed its gasoline trading team in Singapore. She had previously served in various trading, business development and leadership roles at the Shell Group of Companies and Esso Singapore for more than two decades.
Ms Heng, a chemical engineer by training, will report to SGX President Gan Seow Ann.
Singapore Mercantile Exchange (SMX) has appointed V. Hariharan, a board member, as interim CEO to take over from Thomas McMahon who will leaves the company at the end of this month but will remain as an external adviser.
Mr Hariharan has been with the parent company, the Financial Technologies Group, since December 2000.
Logistics firm BDP International (BDP), which counts global oil and chemical companies among its key customers, has promoted David Poh to the position of general manager for Singapore.
In his new role Mr. Poh, who was last Head of Chemical Logistics and Supply Chain Operations, will be responsible for all Singapore operations including strategies to grow the Singapore business.
BDP said Mr Poh played a crucial role in establishing BDP as the market leader in chemical logistics in Singapore, and was responsible for setting up its warehouse and distribution operations.
Mr. Gary Chan, the Asia Pacific managing director of BDP International, said:
“BDP is expanding its operations throughout Asia by entering new markets as well as growing our market share in established countries like Singapore. As a global trade hub, Singapore is of pivotal importance to our Asian operations.
We are confident that David is the best man to lead our Singapore team.”