The former global head of financial institutions group from UOB has joined RF Fund Management as a member of its advisory board.

Ex-UOB managing director Bill Chua joins the advisory board, according to a statement, which is chaired by parent company RF International Holdings (RFIH) co-founder and group chief executive Eric Neo Say Wei.

Chua, 67, is currently an independent director on the boards of various companies in Singapore including Citibank Singapore, Sunseap Group and United Hampshire US REIT Singapore. He is also on the investment committees of SAFRA National Service Association and the Singapore University of Technology and Design.

In the statement, Neo named Chua amongst the «RFFM all-stars who we are very fortunate to have on our advisory board team», and RFIH chairman Vincent Lin called his experience «invaluable», highlighting various accolades including government-issued awards for public services in Singapore and his academic studies.

«Unprecedented Manner»

According to RF Fund Management, it calls itself a digital economy-focused player, with three pillars in its business: asset management, private equity and wealth management services.

«I look forward to helping RFFM build its […] services in the digital economy at a time when Singapore, a leading global financial center in Asia, is evolving in an unprecedented manner to capitalize on the changes,» Chua added.

RF Fund Management recently launched its inaugural $50 million private equity fund focused on digital transformation, which was eventually rewarded tax emotions by the city-state’s regulator.