SBMA Management Committee

The affairs of SBMA are administered by the Management Committee, elected annually by SBMA members at the Annual General Meeting. They hold their offices for a term of one year.

The Management Committee oversees and defines the role of the SBMA in the development of the Singapore Bullion Market. The committee also sets the strategic direction on all other sub committees of the association. The committee also audits the accounts and sets the annual budget for the association.


MANAGEMENT COMMITTEE

Sunil Kashyap, Managing Director, The Bank of Nova Scotia, Hong Kong (Chairman)

KL Yap, Refining Business Unit Manager, Metalor Technologies (Singapore) Pte Ltd (Vice Chairman)

Kazuya Naoki, Director, Head of Precious Metals, Asia, ICBC Standard Bank Plc, Singapore Branch (Hon. Secretary)

Baskaran Narayanan, CEO, Brink’s Global Services Pte Ltd (Hon. Treasurer)

Committee Members

  • Harshika Patel, Managing Director, J. P. Morgan Global Commodities
  • Martin Huxley, Managing Director – INTL Asia Pte Ltd
  • Robin Martin, Managing Director, Market Infrastructure, World Gold Council
  • William Chin, Head of Metals and Dry Bulk, Singapore Exchange
  • Robin Lo, Marketing Director, YLG Bullion Singapore Pte Ltd

MEMBERSHIP COMMITTEE

  • Sunil Kashyap, Managing Director, The Bank of Nova Scotia, Hong Kong (Chair)
  • KL Yap, Refining Business Unit Manager, Metalor Technologies (Singapore) Pte Ltd
  • Kazuya Naoki, Director, Head of Precious Metals, Asia, ICBC Standard Bank Plc, Singapore Branch
  • Robin Lo, Marketing Director, YLG Bullion Singapore Pte Ltd

GOOD DELIVERY LIST COMMITTEE

  • Kazuya Naoki, Director, Head of Precious Metals, Asia, ICBC Standard Bank Plc, Singapore Branch (Chair)
  • Baskaran Narayanan, CEO, Brink’s Global Services Pte Ltd
  • Martin Huxley, Managing Director – INTL Asia Pte Ltd
  • William Chin, Head of Metals and Dry Bulk, Singapore Exchange

PUBLIC AFFAIRS COMMITTEE

  • Robin Martin, Managing Director, Market Infrastructure, World Gold Council (Chair)
  • KL Yap, Refining Business Unit Manager, Metalor Technologies (Singapore) Pte Ltd
  • William Chin, Head of Metals and Dry Bulk, Singapore Exchange
  • Martin Huxley, Managing Director – INTL Asia Pte Ltd

FINANCE COMMITTEE

  • KL Yap, Refining Business Unit Manager, Metalor Technologies (Singapore) Pte Ltd (Chair)
  • Harshika Patel, Managing Director, J. P. Morgan Global Commodities
  • Vijay Saini, Executive Director, Standard Chartered Bank
  • Robin Martin, Managing Director, Market Infrastructure, World Gold Council
  • Representative from IE Singapore

AUDIT COMMITTEE (Honorary Auditors)

  • John Ho, Director, Intercontinental Exchange, ICE
  • Eddie Ng, Head of Physical Sales, MKS Precious Metals (Singapore) Pte Ltd


Profiles

Mr Sunil Kashyap
Managing Director, Head of Asia – ScotiaMocatta, Asia

Sunil is primarily responsible for managing The Bank of Nova’s Scotia’s metals business in Asia, covering operations in Hong Kong, Singapore, China, India and Dubai. After eight years with Citibank, India and Standard Chartered Bank, Dubai, he joined Mocatta Bullion in 1996, which was taken over by The Bank of Nova Scotia in 1997. He moved to Hong Kong in 2001 to head ScotiaMocatta’s Asian business. Sunil has been registered with HKMA since May 2002 as a Manager for The Bank of Nova Scotia, Hong Kong under the Banking Ordinance.

Sunil has been instrumental in setting up the bank’s bullion business in several Asian countries and has been closely involved with the liberalisation process of the Indian, Chinese and Middle Eastern bullion markets. He is a member of the International Advisor’s Committee of the Shanghai Gold Exchange and sat on the inaugural Gold Committee of the Dubai Metals and Commodity Exchange.

He has presented papers in International Conferences in Dubai, Singapore, Kuala Lumpur, Mumbai and Shanghai. Sunil holds master degree in Business Administration from Cornell University and graduated in engineering at IIT, New Delhi.

Mr Kazuya Naoki
Director, Head of Precious Metals, Asia – ICBC Standard Bank Plc, Singapore branch.

Kazuya(Kaz) Naoki is currently the Head of Precious Metals, Asia of ICBC Standard Bank in Singapore and is responsible for the precious 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 February 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.

Mr KL Yap
Singapore Refining Business Unit manager – Metalor Technologies

Since 2014, Kok Leong (K.L.) has been the Refining Business Unit Manager of Metalor Technologies Singapore, overseeing the development of the new precious metal refinery opened in June 2014. K.L. started working for Metalor in 2013 in the Refining Sales department. He holds a degree in business commerce, finance and marketing and worked in refinery and heavy industries before joining Metalor.

Mr Baskaran Narayanan
CEO – Brink’s Global Services Pte Ltd

Baskaran Narayanan (Basky) is the CEO for Brink’s Global Services, Singapore, Malaysia and Indonesia. Prior to this, Basky held various senior management positions within Brink’s in Australia, Singapore and regional office Hong Kong. Basky has 23 years of industry experience in risk management and secure logistics, including managing precious metals commodities. Basky graduated from the University of London in 1993 with a Bachelor of Laws degree.

Ms Harshika Patel
Managing Director, Global Commodities, JP Morgan S.E.A. Limited

Harshika joined JP Morgan in November 2013 as a Managing Director responsible for Asia Commodities Sales and Structuring. In her role she is responsible for delivering commodity risk management and financing solutions to clients. More recently, she assumed responsibility for the Fixed Income eCommerce Sales business, delivering electronic trading execution services to clients. Prior to joining the firm, Harshika was at Barclays Capital for 10 years, where she held a variety of roles including Head of Commodities Structured Origination, Global Chief Operating Officer for the Commodities business and Deputy Treasurer for Barclays Capital. Between 1994 and 2003, she was a Senior Manager in the Financial Services Practice at Deloitte providing audit and consultancy services to financial institutions and large corporates.

Mr Martin Huxley
Managing Director – INTL Asia Pte Ltd

Martin joined INTL FC Stone in Singapore at the beginning of 2014 and is responsible for its precious metal activities across the Asia region. Prior to joining INTL, Martin spent 14 years with Standard Bank, dedicated to the natural resources sector. After moving to Hong Kong in 2004, he assumed a number of roles for the Asia region including Head of Credit Risk, leading the bank’s Structured Commodity Solutions team, and Head of its Structured Finance division for the region. Prior to joining Standard Bank, Martin spent 11 years with Barclays Plc in London in a number of different roles.

Mr Robin Martin
Managing Director, Market Infrastructure – World Gold Council

Robin Martin joined the World Gold Council three years ago and leads the organisation’s market structure initiatives. In this role he is responsible for leading the Council’s wholesale market reform agenda, helping ensure that global market centres are transparent, liquid and comply with global best-practice. In this role Robin is also responsible for managing the Council’s partnerships with market infrastructure providers (e.g. exchanges and clearinghouses).

Prior to this role Robin Martin was responsible for European Investment sector activities of the World Gold Council. A key area of focus was the development of innovative product solutions that make accessing gold easier and cost effective.

Before joining the World Gold Council Robin worked in management consulting for more than ten years. Most recently he was Senior Manager at Accenture in London, where he led strategic projects for financial services clients. Robin focused on business strategy and operating model development for banks and asset managers.

Robin has a first class BSc. degree in Management and Computer Science from the University of Manchester and a MSc. degree in International Securities, Investment and Banking from the ICMA Centre in Reading.

Mr William Chin
Head of Metals and Bulk Commodities, Singapore Exchange

William joined the Singapore Exchange (SGX) in March 2015, and is currently Head of Metals and Bulk Commodities, responsible for iron ore, steel, coal, freight and precious metals.

Prior to joining SGX, William was Senior Vice President of Asia Commodities at the Hong Kong Exchanges and Clearing, and Head of LME Asia in Singapore, responsible for the LME’s presence and strategy in the Asia region. He began his career in the New Zealand financial markets as a rates and FX trader for ANZ investment bank in Wellington, before joining Barclays Capital in London and later on as Head of Commodities and Energy Risk at LCH.Clearnet covering base and precious metals, power, gas, freight and agricultural products.

William holds a master degree in Applied Finance from the University of Wellington and is a CFA charterholder.

Mr. Robin Lo
Marketing Director – YLG Bullion Singapore Pte. Ltd.

Robin is the marketing director for YLG Bullion Singapore and solely responsible for the bullion business internationally like, Singapore, Hong Kong, Indonesia, China and beyond. Robin debuted in the bullion markets in 1993 with Republic National Bank of New York as a trader and then switching to a marketing role. He then moved on to Standard Bank in early 2001 and finally to YLG in late 2014. Having had multi-roles and being involved with many markets, allowed Robin to witness and participate in the evolution of many markets in the first person.