Anders Magnus Bocker to step down as Singapore Exchange CEO

He has been the CEO of SGX since 1 December 2009.

Singapore Exchange announced that its chief executive officer, Anders Magnus Docker, is not seeking extension of his appointment beyond his current contract, which will expire on 30 June 2015.

Mr Bocker, 53, is responsible for the overall business and operations of the company and its subsidiaries, according to a Singapore Exchange report.

The SGX board is moving forward with its CEO succession plan and is assessing internal and external candidates on a short list. The Board has engaged the global executive search and leadership advisory firm Spencer Stuart to facilitate the process.

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