THE chief regulatory and risk officer of the Singapore Exchange (SGX), Ms Yeo Lian Sim, will retire from her duties at the end of this year.

Ms Yeo will continue to be a special advisor to the SGX.

Taking her place is Mr Richard Teng, who will be the chief regulatory officer and Ms Agnes Koh, who will lead the risk management team as the chief risk officer. Both individuals will start in their new positions from Jan 1.

SGX chief executive Magnus Bocker said in a statement: "Lian Sim has built SGX's risk management and regulatory function into a well-respected, professional organisation with a worldwide reputation for expertise and execution.

"She has been tireless in her pursuit of regulating a fair, orderly and transparent marketplace."

Ms Yeo succeeded Mr Alan Shaw to the post on July 1, 2004.

She was previously Temasek Holdings' managing director for capital resource management. Before that, Ms Yeo was the former deputy managing director at the Monetary Authority of Singapore and head of its market conduct group.