Management Committee 2017-2019

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

Martin Huxley, Managing Director, INTL Asia Pte Ltd (Chairman)

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

Kazuya Naoki, Managing 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

  • Stephen Jani, Managing Director, J. P. Morgan Global Commodities
  • William Chin, Head of Commodities, Singapore Exchange
  • Sunil Kashyap, Managing Director, The Bank of Nova Scotia, Hong Kong
  • Andrew Naylor, Director, Central Banks and Public Policy, World Gold Council
  • Robin Lo, Marketing Director, YLG Bullion Singapore Pte Ltd

MEMBERSHIP COMMITTEE

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

  • Andrew Naylor, Director, Central Banks and Public Policy, World Gold Council (Chair)
  • Martin Huxley, Managing Director, INTL Asia Pte Ltd
  • KL Yap, Refining Business Unit General Manager, Metalor Technologies (Singapore) Pte Ltd
  • William Chin, Head of Commodities, Singapore Exchange
  • ANZ (Rep – TBC)

FINANCE COMMITTEE

  • KL Yap, Refining Business Unit General Manager, Metalor Technologies (Singapore) Pte Ltd (Chair)
  • Baskaran Narayanan, CEO, Brink’s Global Services Pte Ltd
  • Sunil Kashyap, Managing Director, The Bank of Nova Scotia, Hong Kong
  • Andrew Naylor, Director, Central Banks and Public Policy, World Gold Council
  • Representative from Enterprise Singapore

STRATEGIC REVIEW COMMITTEE

  • Martin Huxley, Managing Director, INTL Asia Pte Ltd (Chair)
  • Baskaran Narayanan, CEO, Brink’s Global Services Pte Ltd
  • KL Yap, Refining Business Unit General Manager, Metalor Technologies (Singapore) Pte Ltd
  • William Chin, Head of Commodities, Singapore Exchange
  • Andrew Naylor, Director, Central Banks and Public Policy, World Gold Council
  • Representative from Enterprise Singapore


Profiles

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 KL Yap
Singapore Refining Business Unit General Manager – Metalor Technologies

Since 2014, Kok Leong (K.L.) has been the Refining Business Unit General 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 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.

Mr Stephen Jani
Managing Director, APAC Head of Foreign Exchange And Commodities Sales, JP Morgan S.E.A. Limited

Stephen Jani is a Managing Director leading JPMorgan’s Commodity and Foreign Exchange Sales and Marketing franchises across the Asia-Pacific region.

Over his 10 years of experience with the bank he has been instrumental in various sales efforts across Australia, New Zealand and Singapore. Previous to this Stephen worked at Citibank beginning in 1994 in Australia then London, primarily within FICC sales.

In his previous appointment at JPMorgan, Stephen was responsible for managing the Australian & New Zealand FX, Rates, F&O and Commodities sales franchise, servicing both domestic and global clients.

Stephen moved to Singapore in 2014 to manage the FX product for the APAC region, whilst developing and managing some of JPMorgan’s key senior client relationships across Corporates, Hedge Funds, Asset Managers, Banks and Sovereign entities.

Mr William Chin
Head of Commodities, Derivatives

Will Chin is Head of Commodities at SGX.

Mr Chin joined SGX in 2015, and is responsible for the entire Commodities business covering Bulks, Energy, Freight and Rubber markets. In 2016, he was a key member of the SGX team involved in the acquisition of the Baltic Exchange.

Prior to SGX, Mr Chin 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 the LCH.Clearnet covering base and precious metals, power, gas, freight and agricultural products.

Mr Chin holds a Masters degree in Applied Finance from the University of Wellington and is a CFA charterholder.

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 Andrew Naylor
Director, Central Banks and Public Policy – World Gold Council

Andrew Naylor 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. The Islamic finance initiative was the catalyst for the launch of the AAOIFI Shari’ah Standard on Gold developed in collaboration with the World Gold Council, and opens up the gold market to the $2trn Islamic finance sector.

Prior to this role Andrew worked for international consultancy firm Cicero Group advising financial institutions on foreign investment and trade policy in Asia, and the global regulatory reform agenda. In this role he provided economic and political commentary for global broadcasters including the BBC, Bloomberg, CNBC and China Central TV.

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 – 2014 and treasurer from 2014 – 2016.

Andrew has a degree from the London School of Economics and Political Science.

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.