Mr Ronald Ong was co-opted to the Board as Director representing the Founder Member on 23 August 2018. He was appointed Chairman of the Board on 1 January 2019.
Mr Ong is the Chairman and CEO (South-East Asia) at Morgan Stanley. He has been with Morgan Stanley for 20 years and has over 30 years of experience as a banker with substantial experience in mergers and acquisitions, as well as, capital markets.
Mr Ong is also a Board Member of NTUC FairPrice Co-operative Limited. In addition to being a member of the Listings Advisory Committee of the Singapore Stock Exchange, Mr Ong also serves on the Advisory Board of the Lee Kong Chian School of Business at the Singapore Management University (SMU) and the Sim Kee Boon Institute for Financial Economics, also at SMU. Previously, he was a council member of the Securities Industry Council and committee member of the 1st Capital Markets Committee of the Monetary Authority of Singapore.
Kee Teck Koon
Mr Kee Teck Koon was first elected to the Board on 3 June 2014 and last re-elected as Director representing the Founder Member on 26 June 2020. He is the Deputy Chairman of the Board and a member of the Investment, Nominating and Human Resource & Remuneration Committees.
Mr Kee is currently the Director and Board Advisor of NTUC Enterprise Co-operative Limited, the holding entity of NTUC FairPrice Group, NTUC Income, NTUC Health and four other social enterprises. He holds directorships in Raffles Medical Group Ltd, Capitaland Limited and NTUC Fairprice Co-operative Limited, amongst others. He is also a member of the Angsana Fund Investment Committee, Singapore Labour Foundation.
Mr Kee started his career in 1979 with the Singapore Armed Forces and was with the Ministry of Defence until 1991. Thereafter he held senior management appointments with several organisations before joining the Capitaland Group in 2003. After holding several senior positions, he retired as the Chief Investment Officer of CapitaLand Limited in July 2009.
Mr Kee holds a Master of Arts from Oxford University.
Choong Tuck Oon
Mr Choong Tuck Oon was first elected to the Board on 23 May 2012 and last re-elected as Director representing the Ordinary Members on 25 May 2018. He is a member of the Risk Management and Investment Committees.
Mr Choong was with Accenture for more than 20 years until his retirement as Senior Partner in the Financial Services Asia-Pacific practice. He had led strategy, transformation and technology initiatives for more than 20 regional and global banks, as well as insurance companies in Singapore and Asia-Pacific.
He also previously held independent non-executive director positions in commercial banks, Islamic bank, private equity firm and stockbroking firm in the region. Mr Choong’s current interests are in digital start-ups, e-commerce and fintech, and he mentors and advises start-ups under various incubators and accelerators in Singapore.
Mr Choong holds a Bachelor of Science degree (First Class Honours) from the University of Malaya, a Master of Science degree from the Asian Institute of Technology and Executive Diploma in Directorship from Singapore Management University.
Ms Joy Tan was first elected to the Board on 26 May 2017 and last re-elected as director representing the Founder Members on 26 June 2020. She is a member of the Audit, Nominating, and Human Resource & Remuneration Committees. Ms Tan is also the lead independent director on the Board.
At WongPartnership LLP, Ms Tan is the Joint Head of the Commercial & Corporate Disputes Practice, the Corporate Governance & Compliance Practice and the Financial Services Regulatory Practice. She is a Fellow of the Chartered Institute of Arbitrators, and sits on the panels of various professional tribunals, including the panel of arbitrators of the Singapore International Arbitration Centre (SIAC), the Law Society Disciplinary Tribunal appointed by the Honourable Chief Justice under the Legal Profession Act, and the Complaints and Disciplinary Tribunal of the Accounting & Corporate Regulatory Authority (ACRA). She also sits on the Executive Board of the Singapore Chapter of the Association of Certified Anti-Money Laundering Specialists (ACAMS).
Ms Tan is a director and a member of the Audit Committee and Risk Committee of Singapore Health Services Pte Ltd, as well, as an independent director of PEC Limited. Ms Tan also sits on the first Audit and Risk Management Committee of Tripartite Alliance Limited (TAL), the tripartite body established by the Government, unions and employers to promote the adoption of fair, responsible and progressive employment practices in Singapore.
In the not-for-profit sector, Ms Tan is the Chair of the Board of the Singapore Repertory Theatre, and is a director of the Singapore Chinese Cultural Centre.
Ms Tan graduated with First Class Honours from Cambridge University. In 1992, she was awarded the UK Council of Legal Education Prize at the Non-Vocational Bar Exam.
Pang Wai Yin
Ms Pang Wai Yin was first elected to the Board on 26 May 2017 and last re-elected as director representing the Institutional Members on 26 June 2020. She is the Chairperson of the Risk Management Committee and a member of the Audit Committee.
Ms Pang’s prior experience included six years of external audit work in a public accounting firm, and 17 years spent in various risk management roles in GIC Pte Ltd. She retired from GIC on 1 July 2014 as Managing Director and Director of the Risk & Performance Management Department. She has extensive experience in formulating risk governance framework and risk management policies, as well as, implementing risk management systems, processes and a sound internal control environment.
Ms Pang is currently an independent director of Avanda Asia Vantage Fund and Avanda Asia Vantage Master Fund. She is also Income’s nominee director on the boards of FFMC Holdings Pte Ltd and Fullerton Fund Management Company Ltd.
Ms Pang holds a degree in Accountancy from the National University of Singapore and a Masters in Applied Finance from Macquarie University. She is a member of the Institute of Singapore Chartered Accountants.
Sim Hwee Hoon
Ms Sim Hwee Hoon was first elected to the Board on 26 May 2017 and last re-elected as director representing the Ordinary Members on 26 June 2020. She is the Chairperson of the Nominating and Human Resource & Remuneration Committees, and a member of the Audit Committee.
Ms Sim was the Regional Chief Operating Officer of Private Wealth Management Asia in Morgan Stanley from 2010 to 2016. She was also the CEO of Morgan Stanley Asia International Limited, Singapore Branch, and sat on the Board of Directors of Morgan Stanley Asia International Limited.
Before Morgan Stanley, Ms Sim spent 12 years with JPMorgan Private Bank Asia. Her appointments included being the Asia Regional CFO from 2006 to 2010 and Asia Head of Risk Management from 1998 to 2006. She also sat on the Board of Directors of JPMorgan International Bank Limited (UK incorporated) and JPMorgan Securities Asia Private Limited.
Ms Sim currently serves on the Board of the YWCA of Singapore as 2nd Vice President, and as an independent non-executive director on the Board of Stashaway.
Ms Sim holds a Master of Finance degree from the Royal Melbourne Institute of Technology and an Honors degree in Bachelor of Accountancy from the National University of Singapore.
Ms Neo Chin was co-opted to the Board on 15 April 2019 and formally elected as Director representing the Founder Member on 24 May 2019. She is the Chairperson of the Investment Committee.
Ms Neo is currently the Chief Investment Officer at the Singapore University of Technology and Design (SUTD). Prior to joining SUTD, she spent over 20 years of her investment career at the GIC in various investment roles. Her investment experience spans across global treasury management, global fixed income and currencies management, external manager mandates, alternative investments and multi-strategy fund-of-funds portfolio management.
Ms Neo graduated with a Bachelor of Business Administration (Hons) from the National University of Singapore. She is a CFA charter holder.
Mr Vincent Lien was co-opted to the Board on 3 October 2019 and formally elected as director representing the Founder Member on 26 June 2020. He is a member of the Investment Committee.
Mr Lien is currently Managing Director of Lien Properties Private Limited, and a director of Lien Ying Chow Private Limited, Wah Hin & Company and the Maritime & Port Authority of Singapore, among others. He has over 20 years’ experience in banking, specialising in corporate finance and capital management in Hong Kong, the PRC, Singapore and South-east Asia. Prior to his retirement, he held various senior positions at major multinational banking institutions including Swiss Bank Corporation, Bankers Trust and ABN AMRO. He is a Council Member of the Lien Ying Chow Legacy Fellowship. He is also Income’s nominee director on the boards of FFMC Holdings Pte Ltd and Fullerton Fund Management Company Ltd.
Mr Lien graduated with a Bachelor’s degree in Business Administration from the University of New Brunswick in 1986. He obtained a Ph. D. Hons in Business Administration from Hyupsung University in 2018.
Mr Robert Charles was elected as a Director representing the Founder Member on 26 June 2020. He is a member of the Digital & Technology Committee and the Risk Management Committee.
Mr Charles is currently a Managing Director at Coherent, a Hong Kong startup that provides digital solutions to insurers. He is an actuary with a background in health, retirement and investment. Mr Charles spent most of his career in consulting. He served as the Asia Pacific CEO of Towers Watson, a leading global risk and human capital management firm. He then built the Hong Kong business of CXA Group, a Singapore startup that provides insurance technology to employers and financial institutions.
Mr Charles obtained a First Class Honours degree in Mathematics from the University of Oxford in 1987. He is a Fellow of the Institute of Actuaries, UK.
Mak Keat Meng
Mr Mak Keat Meng was elected as a director representing the Institutional Members on 26 June 2020. He is the Chairman of the Audit Committee and a member of the Risk Management Committee.
Mr Mak has over 37 years of experience in auditing and advisory with Ernst & Young LLP. During this period, he has held various leadership positions such as Head of Audit for Singapore & ASEAN, Quality Enablement Leader, and Head of Japanese Business Services. As Head of Audit, he had regular communications with regulators/authorities such as MAS, SGX, and ACRA. In his capacity as Quality Enablement Leader, he was tasked to run the firm's various quality initiatives and standards, including looking into inspection findings by regulators and the firm’s in-house peer reviews. Mr Mak has deep domain knowledge of the insurance business in Singapore, and was previously the Chairman of the Insurance Committee of ISCA. Mr Mak is also an independent director of Mapletree Commercial Trust, as well as a member of its Audit & Risk Committee.
Mr Mak graduated with a Bachelor of Commerce degree from the University of Auckland in 1982. He also holds a Master of Business Administration from International Management Centre (UK). He is a Fellow of Chartered Accountants, Australia and New Zealand, a Fellow of the Association of Chartered Certified Accountants, and a Fellow of Institute of Singapore Chartered Accountants (ISCA). He was a recipient of the Pingat Bakti Masyarakat (PBM) in 2015 for his contribution to the public service in Singapore.
Dr Chen Peng was co-opted to the Board as Director representing the Institutional Members on 21 September 2020. He is a member of the Investment Committee and Risk Management Committee.
Dr Chen was the Chief Executive Officer, Asia ex-Japan, of Dimensional Fund Advisors (DFA) from July 2012 to Nov 2019. He was responsible for all aspects of DFA’s Asia business, overseeing business strategy and development, client servicing and portfolio management. Prior to joining DFA, he was with Morningstar where he held various roles over 15 years, including President of Morningstar Investment Management Division, Chief Investment Officer, and Head of Research and Consulting. His clients included insurance companies and pension funds (including manager selection for CPF).
Dr Chen’s other appointments include Adjunct Professor at the Chinese University of Hong Kong and the Harbin Institute of Technology in China. He is also a member of the Advisory Council of the Centre for Asset Management Research and Investments, National University of Singapore.
Dr Chen graduated with a Master of Science in Consumer Economics from the Ohio State University in 1995 and holds a PhD from the same university which he obtained in 1997.”