To further financial technology in Singapore and the border region, an industry association in the city-state has announced its decision to form a strategic advisory council.
The Singapore FinTech Association (SFA) will form a strategic advisory council, according to a statement. The council will work with the SFC executive committee to «steer the long-term strategic growth and direction of the SFA and the fintech community in Singapore».
It will advise the committee on various areas including fostering engagement and growth in the SFA community; fostering open dialogue; identifying opportunities for growth and innovation; and identifying key industry trends and issues. It will also provide recommendations to diversify SFA’s revenue streams.
Senior Leaders as Members
The inaugural council will include four members: Ong Chen Hui, assistant chief executive of Infocomm Media Development Agency; Soh Leng Wan, assistant managing director at Manufacturing, Enterprise Singapore; Neil Parekh, Elevandi board member, nominated member of parliament and Tikehau Capital partner; and Sanjoy Sen, managing director and group head of consumer banking at DBS.
In addition, Alvin Tan, Minister of State (MOS) for Trade and Industry and Culture, Community and Youth as well as Monetary Authority of Singapore board member, will be appointed as patron of the SFA to support its long-term strategy and Singapore’s fintech sector.
