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Empowering Capabilities for the Financial Industry

The Institute of Banking and Finance Singapore (IBF) was established in 1974 as a not-for-profit industry association to foster and develop the professional competencies of the financial industry. IBF represents the interests of close to 200 member financial institutions including banks, insurance companies, securities brokerages and asset management firms. In partnership with the financial industry, government agencies, training providers and the trade unions, IBF is committed to equip practitioners with capabilities to support the growth of Singapore’s financial industry.

IBF is the national accreditation and certification agency for financial industry competency in Singapore under the Skills Framework for Financial Services, which were developed in partnership with the industry. Individuals who complete the IBF-accredited skills training programmes and meet the relevant criteria may apply for IBF Certification.

IBF also administers regulatory examinations on behalf of the Monetary Authority of Singapore, as well as industry examinations such as the Client Advisors Competency Standards and Financial Markets Regulatory and Practices Certificate Programme.

Since 2018, IBF is the appointed programme manager for the administration of career conversion programmes for the financial industry supported by Workforce Singapore. As programme manager, IBF will partner financial institutions to re-skill employees for expanded roles and opportunities in growth areas.

IBF also provides personalised career advisory to Singapore Citizens and Singapore Permanent Residents exploring a new role in, or career switch into the financial industry, under IBF Careers Connect. Since mid-October 2020, IBF has been appointed by the National Jobs Council as the Jobs Development Partner for the financial industry.

IBF Management Team

Carolyn Neo
Carolyn Neo
Chief Executive Officer
The Institute of Banking & Finance (IBF)
Winnie Lim
Winnie Lim
Deputy Chief Executive Officer
Ang Chai Soon
Ang Chai Soon
Senior Advisor (Governance and Special Projects)
Hee Siew Lie
Hee Siew Lie
Group Head & Head of Standards
Tan Yan Wei
Tan Yan Wei
Group Head of Workforce Development
Ng May May
Ng May May
Career Advisory
Paul Teo
Paul Teo
Communications & Engagement
Donavan Seng
Donavan Seng
Compliance
​Veronica Chia
​Veronica Chia
Examinations
Marilyn Ho
Marilyn Ho
HR & Corporate Services
Jason Mak
Jason Mak
Information Technology​
Leow Heliang
Leow Heliang
Risk Management
Angela Chong
Angela Chong
Standards, Accreditation and Certification
Desmond Tham
Desmond Tham
Talent Schemes Administration
Tan Choon Kok
Tan Choon Kok
Technology & Digital Transformation
Sharon Lim
Sharon Lim
Training Grant and Finance

IBF is the...