Nargolwala steps into the role after his appointment as deputy chair of Singapore Pool in January 2021. He has over 40 years of previous finance experience in Europe, Asia and the US, and currently sits on the board of PSE International and Credit Suisse AG.
In addition, he is currently the chairman of 65 Equity Partners.
He replaces Koh Choon Hui, who stepped down after serving as the operator’s chair for eight years.
“Singapore Pools welcomes Mr Nargolwala’s appointment as Chairman for Singapore Pools and expresses deep appreciation to Mr Koh Choon Hui for his contributions to Singapore Pools,” the operator said.
As chair, Hui aided in developing responsible betting initiatives for Singapore Pools and supported the establishment of iShine Cloud, a charity that offers free cloud-based platforms to other charities.
Nargolwala holds a first class honours degree in Economics from the University of Dehli and was awarded the Public Service Star Medal (Bintang Bakti Masyarakat) in acknowledgement of his services to Singapore.