Sygnum appoints Reto Marx as Singapore Chief Executive

Sygnum has appointed Reto Marx as Chief Executive Officer of its Singapore business. Gerald Goh has moved into the role of Executive Chairman of Sygnum APAC.

Marx joins from VP Bank, where he served as Chief Executive Officer, Co-Head Singapore, and Chief Risk Officer, Asia. He has more than 25 years of experience at UBS, Credit Suisse, Bank Sarasin, and VP Bank, holding senior roles in private banking, intermediary business, products, and risk management in Singapore and Hong Kong.

The leadership changes come as Sygnum sharpens its focus on digital wealth in Asia. Singapore remains its regional hub for serving high-net-worth investors, family offices, and institutional partners across Asia-Pacific.

Goh, a co-founder of Sygnum, was previously APAC Chief Executive Officer. In his new role, he will focus on capital markets and fundraising across the group, investor relations, strategic stakeholder relationships, and other group initiatives, particularly in Asia Pacific.

The reshuffle puts a long-serving private banking executive in charge of the Singapore business while moving one of the company's founders into a broader regional and group-facing role. It also signals a stronger emphasis on wealth management relationships as digital asset firms seek greater traction with affluent clients and regulated financial intermediaries.

Marx has spent more than two decades in Asia and has held posts including Head of Client Business, Head of Hong Kong, Chief Representative Officer, and APAC Regional Head for Global Financial Intermediaries at UBS Wealth Management. His background spans front-office leadership as well as product, risk, and regulatory work.

Asia focus

Sygnum describes itself as a digital asset banking group with roots in Switzerland and Singapore. The new leadership structure combines its Swiss-Singapore regulatory base with Asian wealth management experience as demand rises for regulated access to digital assets.

The company holds a banking licence in Switzerland, licences in Singapore, and regulatory permissions in Liechtenstein, Abu Dhabi, and Luxembourg. That footprint reflects growing pressure on digital asset firms to operate through recognised financial centres and within established supervisory regimes.

Singapore remains a key market for digital asset groups seeking access to private wealth, family office capital, and institutional investors in Asia. At the same time, the city-state's regulators have tightened scrutiny of the sector, making senior hires with risk and compliance experience more important for firms looking to expand locally.

Goh commented on the appointment and the group's direction in Asia.

"Reto's appointment is part of our continued effort to further strengthen our senior leadership team in Singapore and Asia as we move into the next phase of growth," said Gerald Goh, Co-Founder and Executive Chairman, Sygnum APAC. "With his extensive experience in wealth management across Singapore, Hong Kong and Australia, Reto is well placed to drive our digital wealth strategy forward and deepen our engagement with clients and institutional partners in the APAC region. Beyond being a strong leader on the sales and business development side, Reto will also bring significant expertise in the development of products & services as well as on risk management and regulatory topics, which will further bolster our organisational resilience as we scale."

Wealth push

The appointment suggests Sygnum is sharpening its pitch to wealthy individuals and intermediaries rather than relying solely on broader institutional demand for digital assets. Traditional private banks and wealth managers have been weighing how far to integrate crypto and tokenised assets into client portfolios, especially where regulation provides a clearer framework.

In this segment, senior executives with established networks in Asia's wealth centres can be important as competition increases. Banks, specialist digital asset firms, and global financial groups are all trying to capture flows from clients seeking exposure to crypto-related products through regulated structures.

Marx said the company's Swiss and Singapore foundations were central to that proposition.

"Sygnum stands at a unique intersection - Swiss banking platform with regulatory rigour and Singapore's position as Asia's wealth hub add up to the most credible digital asset banking platform in the market," said Reto Marx, Chief Executive Officer, Sygnum Singapore. "Asian wealth is increasingly seeking trusted, regulated access to digital assets as part of a diversified portfolio. I am excited to work with Gerald, the leadership team, and our clients and partners to translate that demand into the next phase of growth for Sygnum in the region."