Dr Lay Charlie Nhuc Hiang was appointed to the Board as an Independent Director on 26 June 2020.

Dr Lay is currently Managing Director, Senior Economist and FX Strategist of Commerzbank AG covering Asia based in Singapore. He has a broad range of experience in the Asian and G7 markets, having worked in various capacities in private and investment banking.

Dr Lay has covered Asia since 1997 in roles with Societe Generale as a regional economist and Credit Suisse Private Banking as an FX Strategist. Dr Lay began his career with the Australian Treasury in Canberra in the macroeconomic modelling division, responsible for forecasting the Australian economy.

Dr Lay holds a Masters in Economics from the Australian National University and a PhD in Business from the Singapore Management University. His thesis was on central bank digital currencies.