Carol Fong

CIMB Securities (Singapore) Pte Ltd

IBF Distinguished Fellow (2016)

Financial Markets

"Pay it forward to make the world a better place. It is incumbent on us as leaders to help support the community and to mentor and inspire others who need our encouragement and assistance."


Carol Fong is the Chief Executive Officer of CIMB Securities (Singapore) Pte Ltd and Head of the Equities Division of CIMB Group. In her present role, Carol is responsible for the overall management and financial performance of the entire Group's equities business, a regional franchise covering Asia Pacific (ex-Japan) as well as major financial centres such as London and New York. She was also previously country IB CEO, where she was responsible for building up the investment banking business, key client and regulator relationships in Singapore.

Carol's extensive experience in financial markets spans over 33 years. She started her career at OCBC Bank where she worked for five years. Over the last 28 years, she has held a number of senior managerial positions in various stockbroking firms. She is also currently Chairman of the SGX Securities Advisory Committee.

Carol has been a member of the SGX Securities Advisory Committee since 2009 where she has actively given her views and feedback on how to improve the capital markets industry. In July 2011 ,she assumed the role of Chairman of the SGX Securities Advisory Committee Meeting . The main objectives of the Committee are to generate and discuss ideas and strategies for market development, provide expert views and input on the markets and development, including international market practices , rules and products. It serves as a forum to channel feedback from other international and local market participants. The Committee also assists in joint marketing efforts and other cooperative initiatives, including the introduction of new products. She continues to provide thought leadership to the Advisory Committee.

In 2012, she was a committee member of the Human Capital Singapore - Asian Competitiveness Institute Lee Kuan Yew School of Public Policy- NUS Business School Human Capital Breakthrough Award.

Between September 2010-2013 she was also a Non Executive Director of the Singapore Symphonia Company Limited.

Carol was conferred the IBF Distinguished Fellow award in 2016. The IBF Distinguished Fellow is signficant role model who serves as a beacon of excellence for the financial industry.