SINGAPORE, (Indonesia Today) – Singapore Exchange (SGX) has appointed Timothy Utama as its Chief Operations and Technology Officer, effective 1 December 2012. Mr Utama will join the SGX senior??management team and report to the Chief Executive, Magnus Bocker.

Prior to SGX, Mr Utama was on the Executive Board of Directors of PT Bank Permata Tbk, the 8th largest Bank in Indonesia majority owned by Astra International (44.5%) and Standard Chartered Bank (44.5%).??

Mr Utama holds a Bachelor of Business Administration in Accountancy and Finance from Texas A&M University, College Station, USA. (ferdi@theindonesiatoday.com )