Country for PR: Hong Kong
Contributor: PR Newswire Asia (Hong Kong)
Thursday, October 17 2019 - 21:16
AsiaNet
UBS Managing Director Choo Oi Yee To Join iSTOX As Chief Commercial Officer (CCO)
SINGAPORE, Oct. 17, 2019 /PRNewswire-AsiaNet/--

Choo will be responsible for driving iSTOX's business growth and building its 
network of issuers and investors. 


iSTOX, the first regulated platform in any major global financial center to 
offer end-to-end issuance, custody, and trading of digitized securities, is 
pleased to announce the appointment of Choo Oi Yee as its first Chief 
Commercial Officer (CCO). 

Photo - https://photos.prnasia.com/prnh/20191016/2612724-1 
UBS Managing Director Choo Oi Yee To Join iSTOX As Chief Commercial Officer 
(CCO)

Choo has over 20 years of experience in the investment and banking industry, 
most recently as Managing Director and Head of Singapore Corporate Client 
Solutions for UBS, where she was responsible for UBS Singapore's investment 
banking business. In her new role at iSTOX, Choo will be a key member of 
iSTOX's management team responsible for driving the company's overall business 
growth by building its network of investors and issuers. She will join the 
iSTOX team in January of 2020. 

"I see some truly fundamental changes on the horizon for capital markets and I 
believe that Singapore – and the iSTOX team – are uniquely well positioned to 
take advantage of them," she said. "I'm very excited to be joining the team and 
look forward to helping iSTOX grow into the platform of choice for 21st century 
issuance and investment."

Choo's appointment comes at a strategically important period for the company; 
iSTOX has initiated plans to grow its base of issuers and investors as it works 
towards graduation from MAS's Fintech Regulatory Sandbox in early 2020.

"It was clear to us that we needed someone with Oi Yee's stature, reputation, 
and experience for our CCO role. Among other requirements, we needed someone 
with deep securities, issuance, and trading experience at a very senior level; 
someone with outstanding relationships with major institutional investors, 
business leaders, family offices, and others; and, most importantly, someone 
with a deep and instinctual understanding of the challenges and opportunities 
facing issuers and investors," said Danny Toe, Founder and Chief Executive 
Officer of ICHX. 

"We are pleased to welcome Oi Yee to the team as we open up applications for 
iSTOX investor accounts and plan an exciting issuer pipeline ahead of our 
projected sandbox graduation early next year," said Darius Liu, Co-Founder and 
Chief Strategy Officer of iSTOX. 

What Is iSTOX?

Compared with traditional trading venues, iSTOX is a more flexible, affordable, 
and inclusive alternative, and offers investment options that were previously 
inaccessible. 

Drawing on the power of advanced smart contract and distributed ledger 
technology (DLT) to streamline the issuance and trading process, iSTOX seeks to 
redefine what capital markets should be by allowing investors and issuers to 
connect and transact directly. In addition, the iSTOX platform allows for the 
issuance, investment, and trading of regulated digitized securities with 
structures customizable to each issuer. 

iSTOX's key shareholders include Singapore Exchange (SGX), Asia's leading multi 
asset market infrastructure and exchange operator; Heliconia, a Temasek 
Holdings subsidiary focusing on investment in fast growing companies; and 
Phatra, a leading Thai investment and private bank and a member of Kiatnakin 
Phatra Financial Group. iSTOX also holds key partnerships with global law firm 
Allen & Overy, multinational audit firms PwC and Deloitte, and well-established 
corporate finance advisors SAC Capital and RHT Capital. 

SOURCE  iSTOX
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