Our Story

Elevating skills and empowering careers

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 250-member financial institutions including banks, insurance companies, securities brokerages and asset management firms.

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. Since 2018, IBF is the appointed programme manager for the administration of professional conversion programmes for the financial industry under Workforce Singapore. 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.

The Institute of Banking & Finance

IBF Vision

To empower financial practitioners with capabilities for a robust Asian financial industry.
At IBF, we are committed to equip financial practitioners with capabilities to support the growth of Singapore’s financial industry.

IBF Management Team

Carolyn Neo

Chief Executive Officer

Winnie Lim

Deputy Chief Executive Officer

Hee Siew Lie

Director and Group Head (Skills Development)

Tan Yan Wei

Director and Group Head (Workforce Development)

Pang Tong Wee

Senior Advisor, Compliance & Special Projects

Ng May May

Career Advisory

Paul Teo

Communications & Engagement

Donavan Seng

Compliance

Ivan Nai

Digital Transformation

Nicholas Neo

Examinations

Marilyn Ho

HR & Corporate Services

Jason Mak

Information Technology​

Tan Wee Cheng

Sector & Skills Development and Accreditation & Certification

Elaine Cheah

Training Grant & Finance

Tong Yong Sheng

Talent Development

Desmond Tham

Talent Schemes Administration

Tan Choon Kok

Technology & Digital Transformation

Vincent Wu

Workforce Transformation

Goh Lian Wei

Risk Management

IBF is the..

The Institute of Banking & Finance

National accreditation and certification agency for financial industry competency in Singapore under the Skills Framework for Financial Services (SFwFS).

Developed in partnership with the industry, individuals who complete the IBF-accredited skills training programmes and meet the relevant criteria will obtain IBF Certification.

The Institute of Banking & Finance

Appointed Jobs Development Partner for the financial industry by the National Jobs Council since October 2020.

IBF also provides personalised career advisory to Singapore Citizens and Permanent Residents who are interested in exploring a new role or making a career switch into the financial industry, under IBF Careers Connect.

The Institute of Banking & Finance

Appointed programme manager for the administration of career conversion programmes for the financial industry supported by the Skills & Workforce Development Agency (SWDA).

As programme manager, IBF will partner financial institutions to re-skill employees for expanded roles and opportunities in growth areas.

Council & Committees

IBF's council and committees bring together industry leaders and practitioners who help shape our strategic direction. From setting certification standards to guiding skills frameworks, they play a key role in ensuring IBF's work stays aligned with the needs of Singapore's financial industry.

Council & Committees

Annual Report

Our annual report offers a comprehensive look back at IBF's key initiatives, milestones, and financial performance over the past year. It reflects our ongoing commitment to strengthening skills and talent development across Singapore's financial sector.

Annual Report
career

Careers at IBF

At IBF, our people play a direct role in shaping how Singapore's financial industry builds skills and talent for the future. Explore current openings and discover what it's like to work across certification, training, and industry engagement.

Find out more