Singapore: IFPAS elects 2025/26 Executive Council

The Insurance and Financial Practitioners Association of Singapore (IFPAS) has announced its new Executive Council for the 2025/2026 term, elected at its 51st Annual General Meeting.

Since 1969, IFPAS has been the leading professional association for financial advisers, representing the interests of its members on legislative, regulatory and policy-related matters. IFPAS’ role is to advocate, innovate and inspire on behalf of its members to advance the financial advice profession’s social contribution and positively shape consumers’ perceptions of the financial services industry.

The IFPAS Executive Council 2025/2026

The voice of the financial advisory profession

Mr Ng Eng Beow, IFPAS President 2025/2026, said: “I am deeply honored to be re-elected as President of IFPAS for a second term. Over the past year, we have strengthened our role as the voice of the financial advisory profession, championing professional excellence, ethical standards, and continuous learning. Moving forward, we will deepen our commitment to elevating industry standards through key initiatives such as professional certification programs and strategic partnerships. Our focus remains on enhancing the credibility and expertise of financial practitioners, ensuring they are well-equipped to serve clients with integrity and professionalism.

“Beyond our association, IFPAS will continue to play a vital role in shaping the future of Singapore’s financial services industry. As regulatory expectations evolve and consumer trust becomes even more crucial, we will work closely with stakeholders to uphold high standards and advocate for policies that benefit both practitioners and clients. With the support of our dedicated members and partners, I am confident that we will strengthen our profession’s standing, empower financial practitioners, and reinforce public confidence in the industry.”

Building on a strong foundation

Mr Derrick Yip, President-elect 2025/2026, said: “As the newly elected President-elect of IFPAS, I am excited to contribute to the association’s continued growth. As we navigate an evolving financial landscape, my focus will be on strengthening collaboration across departments, enhancing member engagement, and driving initiatives that elevate the professionalism of financial practitioners. IFPAS has long been a pillar of support and advocacy for the industry, and I am committed to building on this strong foundation to ensure we remain at the forefront of positive change.

“One of the key initiatives I will continue to develop is the Trusted Financial Practitioner (TrFP®) Award, which I introduced last year during my tenure as Vice President for Public Relations. This award reinforces the highest standards of trust and integrity in our profession, and I look forward to expanding its reach and impact. Beyond that, I will work closely with the Council to enhance professional development programs, foster meaningful partnerships, and advocate for policies that benefit both practitioners and clients. Together, we will continue to strengthen IFPAS’s role in shaping a more trusted and forward-looking financial advisory industry.”

To learn more about IFPAS, whether you are a consumer looking to find out more about what IFPAS is doing to help the community or you are a financial practitioner looking to learn more about the benefits of becoming an IFPAS member, visit https://www.ifpas.org.sg/

Main picture credit: IFPAS

(L-R): France Zaguirre, Edwin Seah, Sim Willing, Sylvia Tan, Tan Seng Chuan, Liu Jialong, Ng Eng Beow, Derrick Yip, Chia Xian Min, Leong Sow Hoe, Marcus Lim, Matthew Chew, Vincent Gan

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