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SGX Chief Op and Tech Officer is a finance person

Confuseous

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SGX’s Chief Operations and Technology Officer appointed 2 years ago

In Sep 2012, SGX announced the appointment of Timothy Utama as its Chief Operations and Technology Officer, effective 1 December 2012 [Link]. Mr Utama joined its senior management team and reports to the Chief Executive, Magnus Bocker.

“We are pleased to welcome Mr Utama to our management team. His diverse and global experience and knowledge will help further improve our operations and technology capabilities,” Mr Bocker then said.

Mr Utama actually started his career in banking with Bank of Trade (LippoBank) as Senior Credit Analyst/Account Executive in Los Angeles from 1989 to 1991 [Link].

In 1991, he joined Standard Chartered. For the next 13 years, he held various positions there:

SCB Indonesia from 1991 to 1992
Profit Improvement Unit Officer SCB Regional Singapore, Malaysia and Indonesia from 1992 to 1993
Head of Trade Services from 1993 to 1995
Senior Manager Middle Market from 1995 to 1997
Senior Manager, Trade Products Group Trade Banking from 1997 to 1998
Head of Service Delivery from 1998 to 2000
Head of Global Clients from 2000 to 2002
Head of Banking Operations from 2002 to 2003
Senior Manager, Service Excellence from 2003 to 2004
He then moved to ANZ Bank in 2004 for the next 4 years:

Head of Trade Service Delivery from 2004 to 2007
Head of Trade Sales from 2007 to 2008
He rejoined Standard Chartered in 2008 as the Head of Wholesale Banking Operation of Standard Chartered India based in Chennai.

After his stint with Standard Chartered, he moved to Indonesian bank, PT Bank Permata Tbk in 2010. There, he was on its Executive Board of Directors as their Technology and Operations Director from 2010 to 2012. In Dec 2012, he jumped ship to SGX where he now serves as its Chief Operations and Technology Officer.

Mr Utama holds a Bachelor of Business Administration in Accountancy and Finance from Texas A&M University, College Station, USA.

http://www.tremeritus.com/2014/11/06/sgx-chief-op-and-tech-officer-is-a-finance-person/
 
Well he could have applied what he learnt from Indonesia and India to make what SGX is today.

We claimed to have world class universities but cannot even produce one candidate good enough to be the Chief Operations/Technology officer of our stock exchange.
 
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