Chief Executive Officer
Thomas A. Kloet became CEO of TMX Group Inc. on July 14, 2008. Prior to that time Mr. Kloet served as Senior Executive Vice President and Chief Operating Officer of the American Zone for Fimat and its successor, Newedge Group, since 2003. In this role he was responsible for management of the firm's major operating departments in the zone, including operations, finance, risk management, information technology and client services. From 2000 to 2002, Mr. Kloet served as the first Chief Executive Officer and Executive Director of Singapore Exchange Limited (SGX). At SGX he led the Exchange through its transformation from a mutual utility to a commercial entity. During Mr. Kloet's tenure at SGX, it introduced an open infrastructure for its electronic securities trading system (SGX Access), created a securities borrowing and lending business, brought forward the liberalization of securities market commission rates and introduced a new facility for over-the-counter trades. SGX also implemented a regional listing strategy, introduced a new set of listing rules and adopted a new code of corporate governance. During Mr. Kloet's term, SGX introduced new products in the equities market, such as Exchange Traded Funds and REITS, and expanded its array of international and domestic derivative products. Mr. Kloet led SGX through its initial public offering and listing on its own Exchange in November, 2000. Prior to this, Mr. Kloet was Senior Managing Director for ABN AMRO, Inc., the US investment banking unit of ABN AMRO Bank, NV, where he was responsible for all operating activity of the global derivatives business and managing subsidiary brokerage companies in Singapore, Hong Kong, Tokyo and Sydney. Before ABN AMRO, Mr. Kloet served as Chief Operating Officer at Credit Agricole Futures Inc. in Chicago and as an executive officer of its parent, Segespar Capital Members, Inc. He was an elected member of the Board of Directors of the Chicago Mercantile Exchange (CME) from 1996 until he assumed his position at SGX. He served three terms as Board Treasurer and was a member of the Chicago Mercantile Exchange Executive Committee chairing its Clearing House; Finance, Budget and Planning; and Benefits and Compensation Committees. He vice-chaired its Strategic Planning Committee, which developed the demutualization plan for the CME. He also served on the Board of the CME Political Action Committee. In addition to his past board memberships at SGX and CME, Mr. Kloet served on the board of CBOE Futures Exchange Inc., Chicago Stock Exchange and National Futures Association. Mr. Kloet currently serves as Chairman of the Board for the Boston Options Exchange (BOX). He also serves on the Boards of the Bermuda Stock Exchange, the Investment Industry Regulatory Organization of Canada (IIROC) and the World Federation of Exchanges (WFE), as well as the non-profit boards of Elmhurst College and Elmhurst Memorial Healthcare. A certified public accountant, Mr. Kloet is a member of AICPA and the Illinois CPA Society. He graduated with a bachelor's degree in business administration from the University of Iowa in 1980.