IFPAS 52nd AGM: Executive Council for 2026/2027 Term Elected

The Insurance and Financial Practitioners Association of Singapore (IFPAS) held its 52nd Annual General Meeting (AGM) on 31 March 2026, and the election proceedings were overseen by Election Chairman, Carlos Lee.

A Mission Bigger Than Any One Individual

Outgoing President Ng Eng Beow closed his term with a tone of reflection and gratitude, framing leadership as both a responsibility and impact.

Addressing the outgoing Executive Council, he thanked them for their contributions and sacrifices in shaping what IFPAS is today. He said, “You may be stepping down from your roles, but you will never step away from your impact.”

To the incoming Executive Council, he expressed appreciation for their willingness to step forward and take time away from their businesses and families to serve something larger than themselves. In encouragement, he shared: “Service is never convenient, but it is always meaningful.”

Recapping the work done by the outgoing council, he emphasised that IFPAS exists for its members. “Everything we do, every initiative we launch, every programme we build is to help our members stay relevant, and to future-proof their business in an ever-changing world.”

Elevate, Engage, Experience

In his inaugural address as President, Derrick Yip set out a clear and structured direction for the new term: to elevate the profession, strengthen trust, and bring IFPAS closer to its members and society.

This will be anchored on three pillars: Elevate, Engagement, and Experience.

Elevate: The first pillar focuses on continuing to raise professional standards across the industry. The underlying message is clear: being a trusted practitioner is no longer optional—it is the standard.

Engagement: The second pillar emphasises reaching beyond the industry to engage the wider community through efforts including financial literacy and giving back to support communities. “Because trust is not built by what we say, but by how we show up and serve,” he said.

Experience: The third pillar centres on creating a more meaningful journey for IFPAS members. The goal is for members to feel connected, inspired, and proud, because strong communities build strong professionals.

“But IFPAS is not about one President or one EXCO. It is about all of us. We invite all of you to step forward, contribute, and shape the future of our profession together,” he concluded.

The Newly Elected IFPAS Executive Council 2026/2027

President: Derrick Yip
Immediate Past President: Ng Eng Beow
Vice President 1: Matthew Chew
Vice President 2: Vincent Gan
Vice President 3: France Zaguirre
Honorary Secretary: Marcus Lim
Honorary Treasurer: Sylvia Tan
Council Members: Leong Sow Hoe, Tan Seng Chuan, Chia Xian Min, Ng Boon Ping, Jackson Lim, Albert Lum, Yip Cheu Fong, Vivien Lee
Honorary Auditors: Chariot Tan, Carmen Chua

A Conversation with the Minister

In conjunction with the AGM, a closed-door dialogue session with Mr Ong Ye Kung, Minister for Health and Coordinating Minister for Social Policies, was also held with the theme “Future-Ready Singapore: Healthcare, Protection & Economic Resilience in a Changing World.”

The dialogue session further reinforces the role of IFPAS as the voice of financial planning in Singapore.

To learn more about IFPAS, visit: https://www.ifpas.org.sg/

Main picture (L-R): Ng Boon Ping, Marcus Lim, Yip Cheu Fong, Chia Xian Min, Sylvia Tan, Vivien Lee, Derrick Yip, Ng Eng Beow, Albert Lum, Leong Sow Hoe, France Zaguirre, Matthew Chew, Vincent Gan, Jackson Lim and Tan Seng Chuan. (Credit: IFPAS)