Management Committee 2019-2021

SBMA affairs are administered by the Management Committee, elected bi-annually by SBMA members at the Annual General Meeting. They hold their offices for a term of two years. 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, audits the association’s accounts and sets the annual budget.


MANAGEMENT COMMITTEE

Martin Huxley, Global Head of Precious Metals, INTL FCStone (Chairman)

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

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

Jos van Wegen, Head of Brink’s Global Services — Singapore, Malaysia, Indonesia & Brunei (Hon. Treasurer)

COMMITTEE MEMBERS

  • Amar Singh, Executive Director, J. P. Morgan Global Commodities
  • John Levin, Global Metals, TD Securities
  • Sunil Kashyap, Managing Director, The Bank of Nova Scotia, Hong Kong
  • Andrew Naylor, Director, Central Bank & Public Policy, World Gold Council
  • Pawan Nawawattanasub, CEO, YLG Bullion Singapore Pte Ltd

MEMBERSHIP COMMITTEE

  • ICBC Standard Bank Plc, Singapore Branch (Chair)
  • INTL Asia Pte Ltd
  • Metalor Technologies (Singapore) Pte Ltd
  • The Bank of Nova Scotia
  • YLG Bullion Singapore Pte Ltd

GOOD DELIVERY LIST COMMITTEE

  • ICBC Standard Bank Plc, Singapore Branch (Chair)
  • Brink’s Global Services Pte Ltd
  • INTL Asia Pte Ltd
  • J. P. Morgan Global Commodities
  • * Singapore Exchange (TBC)

PUBLIC AFFAIRS COMMITTEE

  • World Gold Council (Chair)
  • INTL Asia Pte Ltd
  • Silver Bullion Pte Ltd
  • * Singapore Exchange (TBC)
  • TD Securities

FINANCE COMMITTEE

  • Metalor Technologies (Singapore) Pte Ltd (Chair)
  • Brink’s Global Services Pte Ltd
  • The Bank of Nova Scotia
  • World Gold Council
  • Enterprise Singapore

STRATEGIC REVIEW COMMITTEE

  • INTL Asia Pte Ltd (Chair)
  • Brink’s Global Services Pte Ltd
  • Metalor Technologies (Singapore) Pte Ltd
  • * Singapore Exchange (TBC)
  • TD Securities
  • World Gold Council
  • Enterprise Singapore


Profiles

Mr Martin Huxley
Global Head of Precious Metals – INTL FCStone

Martin joined INTL FCStone in Singapore at the beginning of 2014 and is responsible for its global precious metal activities. 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.

Mr KL Yap
General Manager, Singapore Refining Business Unit – 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 Kazuya Naoki
Managing 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 Jos van Wegen
Head of Brink’s Global Services – Singapore, Malaysia, Indonesia & Brunei

Jos van Wegen is the Head of Brink’s Global Services for Singapore, Malaysia, Indonesia & Brunei. He joined Brink’s Singapore in May 2002 and is responsible for the international secure transportation of valuables and the storage of precious metals and other commodities. Jos previously held management and senior management positions at Brink’s in the Philippines, South Korea and Hong Kong. He has 20 years of industry experience in secure logistics and risk management.

Mr Amar Singh
Executive Director, Head of Asia Commodities Sales – JP Morgan S.E.A. Limited

Amar V. Singh is an executive director and head of Asia Commodities Sales for J.P. Morgan, where he is responsible for its commodities business across APAC and OTC derivative sales and commodity-linked financing sales for all commodities markets. He was the director of commodities sales at Standard Chartered Bank Singapore from 2007 to 2011 and helped the bank set up its precious metal business in the region. He was the head of FX & MM and commodities trading at Bank Muscat Oman from 2005 to 2007 and worked on the FX, Rates and Precious Metals Trading and Sales desk of ICICI Bank from 2000 to 2005. Amar was SBMA chairman from April 2012 – April 2013.

Sunil-Kashyap

Mr Sunil Kashyap
Managing Director, The Bank of Nova Scotia, Hong Kong

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 and has been instrumental in setting up the bank’s bullion business in several Asian countries. He has also 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. Sunil holds master degree in Business Administration from Cornell University and graduated in engineering at IIT, New Delhi.

Mr John Levin
Global Metals – TD Securities

TBA

Mr Andrew Naylor
Director, Central Bank & Public Policy – World Gold Council

Andrew joined the World Gold Council in 2016. He is part of the central banks and public policy team and leads the Council’s Islamic finance initiative. Prior to this role, he worked for international consultancy firm Cicero Group advising financial institutions on foreign investment and trade policy in Asia and regulatory reform. Andrew has been a board member of the European Chamber of Commerce in Singapore since 2012 and was chairman of its financial services committee from 2012 to 2014, and treasurer from 2014 to 2016. Andrew has a degree from the London School of Economics and Political Science.

Mrs. Pawan Nawawattanasub
CEO – YLG Bullion Singapore Pte. Ltd.

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.