Step 1: Role of magnesium in biology.
Magnesium is the central metal ion in the porphyrin-like ring structure of chlorophyll. Step 2: Compare with haemoglobin.
Haemoglobin contains iron (Fe) as central metal, not Mg. Step 3: Therefore correct biomolecule.
Chlorophyll is present in plants and is essential for photosynthesis. Final Answer:
\[
\boxed{\text{Chlorophyll}}
\]