NETS Names Ex-DBS Banker as CEO for BCS Subsidiary

NETS has filled a vacancy in the banking services area with a former DBS executive.

Network for Electronic Transfers (NETS), Singapore's payment services group, appointed Alex Woo as CEO of Banking Computer Services Private Limited (BCS) effective this Friday.

BCS is NETS’ wholly-owned subsidiary and an entity within the NETS Group, which manages and operates the national clearing and payment infrastructure in Singapore, including Fast And Secure Transfers (FAST), Interbank Giro, eGiro, PayNow and SGQR Central Repository. Prior to Woo’s joining, the role was covered by Lawrence Chan, as interim CEO of BCS, in addition to his role as Group CEO of NETS.

Over 30 Years of Experience

Woo is a seasoned and dynamic leader in the technology industry, with over 30 years of experience. Formerly Technology Chief Operating Officer, Managing Director of DBS, he possesses extensive experience across Technology, Operations and Project Management, and has led large-scale programs, spanning technology resiliency and uplift as well as complex, multi-stakeholder projects.

Prior to his last role at DBS, he served as CEO, Managing Director DBS Technology India, a wholly-owned subsidiary of DBS Group and the bank’s first overseas technology development centre for over four years and as Director of Technology & Operations, Managing Director, PT DBS Bank Indonesia for close to six years.