Hg Exchange (HGX), a Singapore-headquartered private securities exchange, has appointed Lawrence Wong as chairman of the board, effective August 1.
Prior to his retirement in 2018, Wong was with the Singapore Exchange (SGX), first as head of listing and then as head of China. Prior to that, he held senior management positions at Schroders and OCBC Bank with responsibilities covering various parts of Asia.
Wong currently serves as an independent director on the boards of Mapletree Pan Asia Commercial Trust Management and Hotel Properties.
Founded in 2019, HGX supports cross-border issuance and trading of alternative assets through its blockchain-powered infrastructure. Key products span equities, fixed income, funds, and asset-backed securities such as real estate and luxury goods.
It is regulated by the Monetary Authority of Singapore and holds a recognized market operator licence.