The Institute of Banking & Finance (IBF) announced the conferment of the Distinguished Financial Industry Certified Professional (FICP) title on 15 senior management executives from the financial industry. The gala award ceremony was held at the Singapore Marriott Hotel.
The FICP title is the highest certification mark for a financial practitioner in Singapore under the Financial Industry Competency Standards (FICS) framework, which is benchmarked to international standards. FICS provides a comprehensive set of competency standards for the financial industry, incorporating a structured framework for the development of our financial workforce. This year, IBF received more than 60 nominations for the distinguished FICP award, the record highest number of nominations received since the inception of the Distinguished FICP conferment.
The Distinguished FICPs have undergone stringent assessment by a panel comprising industry professionals and academics to qualify for the conferment of the FICP title, and were assessed on their ability to apply critical knowledge and skills along the following criteria:
· achieved internationally-benchmarked competency standards of the chosen financial services "job family";
· demonstrated the ability to apply expert levels of knowledge and skills on the job, in accordance with industry best practices; and
· agreed to act as role models for other industry practitioners and support the professional development efforts of the FICS framework.
The 15 recipients of the 2010 Distinguished FICP title are as follows:
COMPLIANCE
Consumer Banking
Ms Goh Siew Lian
Country Compliance and Control Officer
Citi Singapore
CORPORATE BANKING
Credit Analysis & Approval
Mr Ray Ferguson
Regional Chief Executive Officer,
Singapore and South East Asia
Standard Chartered Bank
Relationship Management – Enterprise Banking
Mr David Conner
Chief Executive Officer
OCBC Bank
Mr Eric Tham
Executive Vice President & Head
Group Commercial Banking
United Overseas Bank Limited
Relationship Management – Wholesale Banking
Ms Jeanette Wong
Group Executive
Institutional Banking Group
DBS Bank
Mr Samuel Tsien
Senior Executive Vice President
Global Head,
Global Corporate Bank
OCBC Bank
FINANCIAL MARKETS
Asset Securitisation
Mr Terence Ong Sea Eng
Senior Executive Vice President,
Global Markets & Investment Management
United Overseas Bank Limited
Trading
Mr David Lynne
Managing Director
Head of Global Rates and Commodities, Asia
Deutsche Bank AG
FUND MANAGEMENT
Performance Measurement
Mr Trevor Persaud
Director, Head of Investment Risk Oversight and Performance Analysis
Prudential Asset Management (Singapore) Ltd
Portfolio Management
Mr Quah Wee Ghee
Managing Director & President
GIC Asset Management Pte Ltd
LIFE INSURANCE
Underwriting
Mr Paul Martin Arrowsmith
Deputy Regional Head of Insurance
HSBC Insurance (Asia-Pacific) Holdings Limited
RISK MANAGEMENT
Credit Risk Management – Corporate Banking
Mr Gilbert Kohnke
Head, Group Risk Management, Chief Risk Officer & Executive Vice President
OCBC Bank
Market Risk Management
Mr Vincent Choo
Managing Director,
Market Risk Management, Asia Pacific
Deutsche Bank AG
WEALTH MANAGEMENT
Relationship Management – High Net Worth
Mrs Christine Ong
CEO, Wealth Management, Singapore
UBS Wealth Management
Trust Administration
Mr Raymond Gwee
CEO
UBS Trustees (Singapore) Ltd
Mr Wee Ee Cheong, IBF Vice-Chairman, Chairperson of the FICS Steering Committee and distinguished FICP 2008 said, “I would like to convey my heartiest congratulations to the recipients of the Distinguished FICP award, each of whom embodies professional competence and serves as a beacon of excellence for our financial services industry. I look forward to their continuous contribution to raise the bar for professionalism and technical competencies in the financial sector,”
The distinguished FICP award ceremony was held alongside IBF’s annual Distinguished Speaker Series. The 2010 Distinguished Speaker was Professor Barry Eichengreen, the George C. Pardee and Helen N. Pardee Professor of Economics and Professor of Political Science at the University of California, Berkeley. Professor Eichengreen’s keynote address was entitled “Managing A Multi-Reserve Currency World.”
Professor Eichengreen was appointed as the Inaugural Professor under the MAS Term Professorship in Economics and Finance at the National University of Singapore (NUS) in March 2010. He was also a Senior Policy Advisor at the International Monetary Fund in 1997-98. His research interests are broad-ranging, including the history and operation of the international monetary and financial system, exchange rates and capital flows and Asian integration.
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