IBF launches #FutureMeNow movement to spur finance professionals towards acquiring future skills

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1 MEDIA RELEASE IBF launches #FutureMeNow movement to spur finance professionals towards acquiring future skills Movement kick-started with pledges by Finance Leaders and Winners of the 2018 IBF Awards Singapore, 4 October 2018 The Institute of and Finance Singapore (IBF) today announced a new movement #FutureMeNow to encourage Singapore s financial industry professionals to take the next step to be future ready. The movement aims to attract pledges of action, where financial industry professionals can commit to skills upgrading, career planning or mentoring others. The movement kick-started with pledges from finance industry leaders and the winners of the prestigious IBF Awards at the annual IBF gala dinner, the IBF Distinction Evening At the IBF Distinction Evening 2018, Guest of Honour Mr Chan Chun Sing, Minister for Trade and Industry, delivered the keynote address highlighting the importance of tripartite efforts to transform the sector s workforce into a skilled and tech-enabled workforce. Mr Chan called for leaders to adopt good human capital practices and to prepare the workforce for change. The occasion saw seven individuals receive the IBF Distinguished Fellow award. Another 28 were awarded the IBF Fellow awards. The awards recognise finance industry professionals who contribute to the development of Singapore s financial sector through their active involvement in advisory groups, industry projects, training and mentoring. New competencies to complement business transformation In recognition of the importance of creating a digital-ready workforce, IBF introduced a new IBF Fellow award segment, Digitalisation and Transformation. The new award segment recognises the efforts of those who have played a significant role in the adoption of new technologies and the equipping of their employees with new digital skillsets. We expect digitalisation to transform jobs and processes in the financial industry. The industry needs leaders like the IBF Distinguished Fellows and Fellows to lead the way and get their workforce ready for the changes, said Mr Ng Nam Sin, Chief Executive Officer, IBF. For more details on the IBF Award categories and 2018 recipients, please refer to the Annexes. END

2 For media enquiries, please contact: Celeste Cheo Assistant Director, Corporate Communications The Institute of and Finance (IBF) DID: Paul Teo Deputy Director, Corporate Communications The Institute of and Finance (IBF) DID: About the Institute of and Finance Singapore The Institute of and Finance Singapore (IBF) was established in 1974 as a not-for-profit industry association to foster and develop the professional competencies of the financial industry. IBF represents the interests of close to 200 member financial institutions including banks, insurance companies, securities brokerages and asset management firms. In partnership with the financial industry, government agencies, training providers and the trade unions, IBF is committed to equip practitioners with capabilities to support the growth of Singapore s financial industry. IBF is the national accreditation and certification agency for financial industry competency in Singapore under the IBF Standards, which were developed in partnership with the industry. The IBF Standards set out the functional skills required for 12 industry segments and more than 50 jobs in the financial industry, guiding IBF accreditation of structured skills training programmes. Individuals who complete the IBF-accredited skills training programmes and meet the relevant criteria may apply for IBF Certification. Under Workforce Singapore s Adapt and Grow initiative, IBF is the appointed programme manager for the administration of professional conversion programmes for the financial industry. As programme manager, IBF will partner financial institutions to re-skill employees for expanded roles and opportunities in growth areas. IBF also provides personalised career advisory and job matching services to Singapore Citizens and Singapore Permanent Residents exploring a new role in, or career switch into the financial industry, under IBF Careers Connect.

3 ANNEX About #FutureMeNow Campaign #FutureMeNow is a movement launched by IBF to encourage financial professionals to take positive action to become future ready as the industry evolves amidst rapid digitalisation and technological advances. Starting from 4 October, practitioners can access the dedicated microsite at pledge.ibf.org.sg to commit to a personal pledge be it developing their skills, exploring a different or expanded role or even mentoring others. How to be involved: 1. Visit the microsite at pledge.ibf.org.sg 2. Select from 1 of 3 pledge options: attend a training programme, plan your career, be a multiplier and equip others for the future of finance 3. Upon submitting a pledge, participants will be able to access resources to help them get started on their learning journey The platform is also designed to help practitioners stay on track with their learning journey, with easy access to IBF tools and resources and inspirational stories from others in the industry. For more information about #FutureMeNow or to make a pledge, visit: pledge.ibf.org.sg

4 IBF DISTINGUISHED FELLOW This award recognises industry captains who are the epitome of professional stature, integrity, and achievement. IBF Distinguished Fellows embody professional competence and commitment to excellence and serve as beacons of excellence for our financial services industry. The seven IBF Distinguished Fellows to be conferred this year are: Industry Segment CAPITAL MARKETS COMPLIANCE FINANCIAL MARKETS GENERAL INSURANCE RISK MANAGEMENT TECHNOLOGY & OPERATIONS TECHNOLOGY & OPERATIONS IBF Distinguished Fellow Eng-Kwok Seat Moey Managing Director & Group Head Capital Markets Group Andrew Chow Head of Compliance SE Asia Head, Transaction Compliance APAC BNP Paribas Eddie Tan Regional Corporate Treasurer Citibank N.A., Singapore Branch A K Cher Chief Executive Officer & Managing Director Tokio Marine Insurance Singapore Ltd Chan Kok Seong Group Chief Risk Officer, Head of Group Credit and Risk Management United Overseas Bank David Gledhill Group Chief Information Officer Member of Executive Committee and Head of Technology & Operations Leong Weng Ling Head of IT & Ops Integration, Project Infinity AIA Group

5 IBF FELLOW This award recognises industry veterans who have demonstrated mastery of a profession and exemplify thought leadership and commitment to industry development. Industry Segment IBF Fellow Designation Company Compliance Lyn Lee Head, Legal Global Treasury and Investment Corporate Ronny Chng Seng Hong Managing Director and Head, Corporate Overseas, Group Wholesale John Laurens Group Head, Global Transaction Services Lee Hwee Boon Head of Middle Market and Services, Global Enterprise United Overseas Bank Lim Wee Seng Managing Director Digitalisation & Transformation Loo Yee Ming Ng Chuey Peng Pranav Seth Janet Young Yoke Mun Executive Director, Group Commercial, Group Wholesale Head, Global Commodities Finance SVP; Head, Digital & Innovation (Fintech & Innovation group, Consumer Digital Business & Transformation) Managing Director and Head of Group Channels and Digitalisation Financial Markets Dr Andy Kwok Yu So Managing Director, Treasury & Liquidity Management Financial Planning Chan Keng Leong Financial Services Director Edy Hartono Senior Financial Services Director United Overseas Bank United Overseas Bank Prudential Assurance Company Singapore (Pte) Ltd Professional Investment Advisory Services Pte Ltd

6 Fund Management Albert Tse Kam Chuen Head of Intermediary Business, South East Asia Head of Malaysia & Thailand Business Mark Yuen Head of Institutional Sales & Client Management Schroder Investment Management (Singapore) Eastspring Investments (Singapore) Ltd General Insurance Karl Hamann Chief Executive Officer QBE Insurance (Singapore) Pte Ltd Risk Management Thomas Kok Chun Hong Head of Group Technology Information & Cyber Risk Technology & Operations Ng Puay Leng Dr Frederick Shen Carol Chan Eng Geok Lisna Chia Head of Retail & Wealth Management Risk, Singapore Head Global Treasury Business Management Managing Director, Group Operations, Asia Pacific Head of Corporate and Institutional, Commercial and Trade Operations Singapore HSBC Bank (Singapore) Credit Suisse AG Standard Chartered Bank Shameek Kundu Chief Data Officer Standard Chartered Bank Michael D Power Chief Operations Officer Group Technology & Operations Sunila Shivpuri Lilian Tham Chief Information Security Officer APAC Chief Operating Officer, Singapore Head of Operations & Technology, Asia Pacific Deutsche Bank AG Schroder Investment Management (Singapore) Wealth Management Deepak Khanna Head, Wealth Development HSBC Bank (Singapore) Alison Lim Managing Director, Market Leader, Indonesia Credit Suisse AG

7 Joseph Poon Loh Lay Bee Managing Director Head of Private Bank, South East Asia Head of Julius Baer Trust Company (Singapore) Julius Baer Trust Company (Singapore) IBF INSPIRE AWARD This award recognises financial institutions who have gone the extra mile in committing to the IBF Standards as part of their learning journey and in driving adoption of the IBF Standards. Inspire Award Winner AIA Singapore Inspire Award Winner IBF INSPIRING EDUCATOR AWARD This award recognises IBF-accredited training providers' commitment in driving the adoption of the IBF Standards to raise the professional competency of the financial industry. Inspiring Educator Award Winner Financial Planning Association of Singapore IBF ASPIRE AWARD This award recognises IBF-certified practitioners who have achieved outstanding results in their IBF accredited training programme and are committed to raising their own competency through continual learning and professional development via the IBF Standards. Aspire Award Winner Kenny Chow Wen Sheng, Compliance Associate, Standard Chartered Bank

Annex: Biographies of New and Re-elected ISCA Council Members

Annex: Biographies of New and Re-elected ISCA Council Members New Council Members Ms Yvonne Chan Mei Chuen, CA (Singapore) Chief Financial Officer and Director (Corporate Development), Maritime and Port