Victor Ngo

Head of Group Compliance
United Overseas Bank

IBF Distinguished Fellow (2019)


"In an increasingly complex regulatory landscape, we must ensure a strong compliance culture, using artificial intelligence that complements our people’s capabilities to manage risk effectively for sustainable business growth."


Mr Victor Ngo is the Head of Group Compliance. He is responsible for ensuring the strong compliance culture at UOB and implementing all compliance initiatives to manage regulatory risk across the Group.  He is a member of UOB's Management Committee, the Chairman of the Group Anti-Money Laundering Committee and Alternate Chairman of the Bank's Fair Dealing Guidelines Committee.

Mr Ngo is also UOB's primary liaison with regulatory authorities on all compliance-related matters in the markets in which UOB operates. In Singapore, he is currently a Project Management Group Member of the National Know Your Customer Utility Project 2.0. He also sits on the Steering Committee of the Anti-Money Laundering/Countering the Financing of Terrorism Industry Partnership (ACIP), which is a joint initiative launched by the Monetary Authority of Singapore and the Commercial Affairs Department of the Singapore Police Force to partner banks to combat financial crime.

Prior to his current role, he was the Head of Group Internal Audit at UOB from 2006 to 2016. He joined UOB in 2004 from another international financial institution. With more than 30 years of experience in the banking industry, Mr Ngo has held various leadership and management roles, including in audit and risk, information technology, data centre operations, and quality and process improvement.

Mr Ngo holds a Bachelor of Applied Science in Computer Science and Operations Management from the University of Technology, Sydney, Australia and a Master of Business Administration from Deakin University, Australia. He also has a Master of Science in Finance from the City University of New York, where he was elected to the Beta Gamma Sigma Honor Society, and a Professional Certificate in Machine Learning and Artificial Intelligence from Massachusetts Institute of Technology, US.

Mr Ngo has also been a Director and Board Member of the International Banking Security Association since 2016 and a Fellow of the Australian Society of Certified Practising Accountants and the Institute of Singapore Chartered Accountants (ISCA). He is also an Approved Mentor with ISCA.