Singapore, 17 November 2021 –

Dear Members,

After discussions with the SFA Executive Committee (Exco), Val Yap, member of the Exco, has expressed her intention to step-down from her Exco role. Due to other pressing commitments, Val has not been able to attend Exco meetings and dedicate the desired time to the activities of the Singapore FinTech Association. Val has stepped down on Oct 20, 2021. We are grateful to her for her contributions and wish her all the best.

Your Exco has an ambitious agenda to ensure that it furthers the cause of the Singapore Fintech ecosystem. This requires us to operate at full capacity and have all hands on deck such that we are able to contribute effectively. Article 8.6 of SFA’s constitution states that in such situations ‘a successor may be co-opted by the Committee to serve until the next AGM. Any changes in the Committee shall be notified to the Registrar of Societies within two (2) weeks of the change’.

Accordingly, the Exco has decided to co-opt Tan Chun Hao, who received the highest number of votes in the Exco elections that were held in March 2021. This will allow us to ensure that we are able to keep the sanctity of your valuable vote. We have also informed the Registrar of Societies about these changes and these have been recorded.

Chun Hao is Head, Strategic Partnerships & Projects at Goldbell Financial Services (GBFS) and is responsible for the digital transformation and development of new growth areas for GBFS. During the past three and half years, he co-founded two new business ventures – GEN, a MAS licensed private debt investment platform and Polaris, a financial launchpad for startups and SMEs, where he also serves as the Managing Director. Chun Hao holds a Bachelor of Engineering from the National University of Singapore.

Please join me in welcoming Chun Hao to the SFA Exco. We look forward to his contributions to the Exco and the entire Fintech community.

Yours truly,

Shadab Taiyabi
President