Before joining the SBMA, Cheng, who is from Hong Kong, was the managing director of the Far East for the World Gold Council (WGC) from 1993 to 2015, primarily responsible for market development for the region. He started his journey in the industry as a marketing professional for the Royal Canadian Mint.
Singapore has the potential to grow from a secondary gold hub serving Southeast Asia into a gold trading centre for the Asia Pacific region, says Albert Cheng, CEO of the Singapore Bullion Market Association (SBMA).
“I would like to see Singapore become a trusted and respected gold hub that serves the region and connects Asia to the world,” adds Cheng, a veteran in the gold and precious metals industry with nearly 40 years of experience. He believes Singapore has the factors for success, with the SBMA playing a role to connect the dots better between industry, government, international market participants, refiners, banks, vault operators and investors.
