People Digest: SGX chairman to step down; Korea's KIC appoints CIO

People Digest: SGX chairman to step down; Korea's KIC appoints CIO

A logo of the Singapore Stock Exchange (SGX) is pictured outside its premises in the financial district of Singapore April 23, 2014. REUTERS/Edgar Su/Files

Singapore Exchange Limited has announced that Kwa Chong Seng will step down as chairman while The Korea Investment Corporation has appointed Hoon Lee as chief investment officer.