FSMA elects Management Committee for 2026/2027 Term

The Financial Services Managers Association (FSMA) has elected its Management Committee for the 2026/2027 term at its 30th Annual General Meeting.

The AGM, centred on the theme “Focusing on Bringing Back the Sense of Serving and Belonging as a FSMA Member,” brought together agency leaders, managers, and industry professionals to reflect on the profession’s shared purpose while marking a leadership transition for the association.

Elected Management Committee Members

Leading the newly elected committee is Royce Goh, who assumes the role of President. He is supported by a team of experienced agency leaders across major insurers.

Key Office Bearers

• President: Royce Goh (Prudential)
• 1st Vice President: Sean Tan (AIA)
• 2nd Vice President: Eric Ang (Prudential)
• 3rd Vice President: Patrick Koh (Great Eastern)
• Honorary Secretary: Gerard Ng (Great Eastern Financial Advisers)
• Honorary Treasurer: Jimmy Chen (Prudential)

Committee Members

• Marcus Peh (Manulife)
• Edward Koh (HSBC Life)
• Benjamin Ng (Great Eastern)
• Champ Tan (AIA)

Immediate Past President

• Leonard Chen (Manulife)

A Leadership Transition Grounded in Purpose

In his inaugural address, President Royce Goh emphasised that FSMA’s strength lies not in any single leader, but in the collective commitment of its members and volunteers.

“I’ve always believed that the strength of an association does not lie in who the President is. It lies in the strength of the team behind it. No single person defines FSMA — it is the collective commitment, ideas, and passion of our members and committee that drive the association forward,” he said.

He also reaffirmed FSMA’s direction for the year ahead to strengthen the voice of the industry, enhance leadership development, and create greater value for members.

He added: “After many years in this profession, one thing has become clear to me: titles may change, markets may change, regulations may change — but what keeps this profession strong will always be the people who step forward to serve others.”

The Deeper Meaning of Leadership

Outgoing President Leonard Chen, in his final address, reflected on the deeper meaning of leadership through a powerful story about former Alcoa CEO Paul O’Neill — highlighting how raising standards can transform not just organisations, but entire industries

Drawing parallels to the financial advisory profession, he paid tribute to the STAR Team, a group of industry leaders who stepped forward during the Financial Advisory Industry Review (FAIR) to represent the profession and engage regulators constructively.

“The industry we see today did not happen by accident. It was shaped by leaders who stepped forward when it mattered most.”

His message underscored the lasting impact of leaders who shape culture, elevate professionalism, and influence the long-term trajectory of the industry.

“It is about setting standards, shaping culture, and influencing the future of an entire profession. As we look ahead to the future of our industry, may we continue to build on the foundation laid by leaders like them, ” he said.

“Because when leaders raise standards, they don’t just influence organisations. They shape the future of the entire industry.”

If you are a financial services leader in Singapore, learn more about FSMA at https://fsma.org.sg/

FSMA’s 30th AGM was held on 20 March 2026.