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About Us
Mission & Vision
.png?sfvrsn=2cbfe4a6_2 "Four students in a row (Red)")
Vision
.png?sfvrsn=58619b52_2 "Team hands together (Segment B Orange)")
Mission
Board of Directors
Chairman
Mr Max Loh Khum Whai
EY Asean & Singapore Managing Partner (retired), FCPA
Chairman, Competition & Consumer Commission of Singapore
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Mr Max Loh was the former EY Managing Partner for Asean, Singapore, and Brunei for many years till his retirement in July 2022. He led and managed the EY Asean business and operations, providing strategic leadership on market and people development. With years of assurance and business advisory experience, his clients spanned a broad range of industries including technology, food and beverage, construction, manufacturing, trading, hospitality, financial institutions and government concerns.
Mr Loh is the current Chairman of the Competition & Consumer Commission of Singapore, and the Fair Tenancy Industry Committee; board member of CapitaLand Ascott Trust and SPH Media Holdings, and the Building and Construction Authority; and Immediate Past President of the Singapore Council of CPA Australia; and an ex-board member of Enterprise Singapore, the Accounting and Corporate Regulatory Authority, Health Sciences Authority and Singapore Polytechnic.
Mr Loh graduated from the National University of Singapore with Honours and is a Fellow member of the Institute of Singapore Chartered Accountants, CPA Australia and Singapore Institute of Directors.
Deputy Chairman & Audit Committee Member
Mr Ravi Arumugam
Chief Executive Officer and Managing Partner, RT LLP
Executive Chairman, RT ASEAN
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Mr Ravi Arumugam is the Chief Executive Officer and Managing Partner of RT LLP and RT Group of Companies. He is a Fellow practicing member of the Institute of Singapore Chartered Accountants, a Fellow Chartered Accountant with the Institute of Chartered Accountants in England & Wales and a Fellow Certified Practising Accountant of Australia. He is an Approved Tax Advisor and a member of ASEAN CPA. He holds a Specialised Honours degree (member of Dean’s Honour Roll) in Business Administration from Schulich School of Business at York University, in Toronto, Canada. His area of specialisation was in Banking and Finance.Mr Arumugam has been in the profession for 35 years, out of which 28 years were in various management positions. He has a wide range of experience in the various fields of finance, and he has worked in various countries. He also spent 5 of those years in Singapore Telecoms as Finance Director of International Finance looking into SingTel’s acquisitions overseas. During the mid-1990s, as an Audit Manager in Deloitte, Singapore, he worked on a variety of assignments ranging from audit of large MNCs, IPOs, due diligences, investigative accounting and expert witness matters, among others.
Mr Arumugam has provided pro bono services to charities. He is currently an auditor of a large charity in Singapore. As a former member of Hindu Advisory Board, a statutory board, he has been involved in decisions relating to charitable work.
Treasurer
Mr John Teo
Executive Director, Asia Pacific Lottery Association Limited
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Besides being an Independent Director of two Singapore listed companies, China International Holdings and iX Biopharma Limited, Mr Teo is also a Director and Chairman of the Remuneration Committee of the Ang Mo Kio-Thye Hua Kwan Hospital, a community hospital and charitable institution. He has been the Treasurer and member of the Singapore Federation of Chinese Clan Associations’ River Hongbao Organising Committee for the past several years.
Prior to this, Mr Teo held the appointments of Chief Risk Officer and Chief Financial Officer of Singapore Pools (Pte) Ltd, Managing Director, Finance, Temasek Holdings (Pte) Ltd, Chief Financial Officer of National University Hospital and Audit Manager of Price Waterhouse Singapore.
Mr Teo is a Licenced Solemniser of the Registry of Marriages, Singapore and a recipient of the Public Service Medal and the Public Service Star of the Republic of Singapore.
Board Member & Audit Committee Chairperson
Ms Noorhayati Binte Mohamed Kassim (Mrs Noor Quek)Chief Executive Officer and Founder, NQ International Pte Ltd
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Mrs Noor Quek has more than 40 years of experience in a broad range of services within the wealth management and financial services industries, spanning across various industry segments. Her previous positions held, all based in Singapore with regional/global responsibilities, include being Director and Head, Business Development (South East Asia), The Citigroup Private Bank, Director, Business Development (South East Asia), GE Capital and Deputy Managing Director, Rabobank Asia Ltd.Mrs Quek’s main area of expertise was developed through engaging corporate leaders to initiate, negotiate and facilitate the implementation of wealth advisory and financial transactions, including private equity and mergers and acquisitions across industries. As a result of this experience, Mrs Quek has built an extensive global network comprising organisations and individuals in multi-geographies, which she now applies towards one of the key services provided by NQ International – its talent identification, executive placement and specialised executive coaching services and mentoring for C-suite and near C-suite level individuals.
Mrs Quek is a frequent speaker at major international conferences on human capital, talent placement and retention, global wealth management and family office advisory issues. She is currently, among others, a co-founder and past President of the Breast Cancer Foundation, Board Member of The Singapore Ireland Fund, Board Member of ISCA Cares, and was joint deputy co-chairperson of BoardAgender in Singapore, an organisation formed to encourage women to take on board positions, for gender diversity.
Mrs Quek is also a member of the Disciplinary and Inquiry committees of the Singapore Dental Council, and a member of the Inquiry committee of the Law Society, Singapore.
Board Member & Audit Committee Member
Head, Corporate and Transactional Practice, Rajah & Tann Singapore LLP
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Mr Abdul Jabbar Bin Karam Din has more than 25 years of extensive experience in mergers and acquisitions, joint ventures, banking and finance, general commercial and private client work, both local and international.
Mr Jabbar Bin Karam Din has been listed as a leading practitioner in Who's Who Legal – Corporate Governance from 2017 to 2022, as well as in Who’s Who Legal – Labour & Employment from 2011 to 2022. He has also been recommended in The Legal 500 (Corporate and M&A) and recognised as a leading practitioner in Legal Week’s Private Client Global Elite. He also advises companies on corporate governance, compliance and regulatory matters and serves as company secretary to numerous boards in Singapore.
Mr Jabbar Bin Karam Din was also one of the directors of Ray of Hope from year 2013 to 2021, a non-profit organisation founded in Singapore whose beneficiaries include Singaporean individuals and/or families who have been suddenly disadvantaged, displaced or disabled.
Board Member
Ms Fann Kor
Chief Executive Officer, ISCA
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A Chartered Accountant of Singapore, Fann Kor is the CEO of the Institute of Singapore Chartered Accountants (ISCA). Heading the national accountancy body, she works with varied stakeholders including government, industry bodies and institutes of higher learning, to achieve the Institute’s vision to be a world-class accountancy body of trusted professionals, contributing towards an innovative and sustainable economy.
Prior to her appointment as ISCA’s CEO, Ms Kor was ISCA’s Director of Member Support & Services division. During her five-year tenure as a member of ISCA’s senior management team, Ms Kor helmed various key portfolios, including industry support, professional standards development & advisory, quality assurance, member services, engagement and events, and continuous professional development.
During her years with ISCA, Ms Kor has built strong rapport with key stakeholders and industry partners, championing many initiatives aimed at driving innovation, quality and growth of the accountancy profession. She was also instrumental in the launch of many initiatives and schemes rolled out to support members and the accountancy profession.
Prior to joining ISCA, Ms Kor had 10 years of audit experience in Ernst & Young.
Board Member
Mr Joshua Ong
Managing Partner, Baker Tilly TFW LLP
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Mr Joshua Ong is the Managing Partner and Practice Leader, Capital Markets & IPO of Baker Tilly TFW LLP. He has more than 30 years of experience in audit, consulting, financial control and accounting. Mr Ong also has extensive experience in local and cross-border initial public offerings, due diligence, and merger and acquisition projects. In addition, he is a Singapore Divisional Council Member of CPA Australia, and a Professional Education Council Member of the Accounting and Corporate Regulatory Authority.
Board Member
Dr Wang Jiwei
Associate Professor of Accounting (Practice), Singapore Management University
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Dr Wang Jiwei is Associate Professor of Accounting (Practice) at Singapore Management University. He is also the program director of Master of Professional Accounting and Master of Science in Accounting (Data & Analytics) programs. He has been teaching various courses such as data analytics with Python and R, capital markets in China and Singapore, business valuation, and corporate reporting at both undergraduate and postgraduate/executive levels. Dr Wang is a member of ISCA Financial Reporting Committee, a fellow of CPA Australia and a board member of a public listed company. He is also an active volunteer at various charities and community clubs. Dr Wang has been awarded The Public Administration Medal (Bronze) by the Singapore Government.Annual Report
News & Media Releases
2021:
ISCA will collaborate with SG Cares Office to grow skills-based volunteerism in the accountancy profession
10 May 2021
The “Growing Skills-Based Volunteerism” MOU Signing Ceremony between SG Cares Office and Institute Of Singapore Chartered Accountants took place on 10 May. The collaboration aims to enable Social Service Agencies (SSAs) to benefit from the skills and expertise of ISCA members as professional accountants.
Mr Edwin Tong, Minister for Culture, Community and Youth & Second Minister for Law, said:
| “I know that contributing to the community is not new for ISCA. In 2015, ISCA established the charity ISCA Cares which represents the collective effort of the accountancy profession to give back to society. I am happy to know that ISCA Cares has two very meaningful focus areas. The first is on our future – where ISCA Cares provides youths from disadvantaged backgrounds with quality accountancy education through financial and non-financial assistance... The second is on the community – where ISCA Cares harnesses the knowledge, skills and expertise of the accountancy community for appropriate development projects through collaborative programmes with partners.” |
To read Mr Edwin Tong’s full speech, refer to
ISCA President Mr Kon Yin Tong also shared in his speech on one of the few initiatives of ISCA Cares:
| “The culture of volunteerism is in fact not foreign to our members. Our charity arm, ISCA Cares, provides a platform for the accountancy profession and our members to give back to the society and help those in need. Launched in 2017, the ISCA Cares Mentoring Programme is a year-long programme designed to provide young accountancy students from financially vulnerable families, with access to mentorship from experienced accountants… To date, 80 ISCA members have volunteered for this programme, benefitting 125 students and beneficiaries.” |
To read Mr Kon Yin Tong’s full speech, refer to
2020:
No Let Up in Doing Good
Views from the Top, Business Times
20 Apr 2020
ISCA Cares Chairman, Mrs Lim Hwee Hua, was quoted in The Business Times on the question of "Will corporate social responsibility (CSR) take a back seat during a downturn? How might your organisation's corporate giving be affected this year?" This is what she has to share:
This quote was first published in "Views From the Top" in The Business Times on 20 April 2020.
To read full article, refer to https://www.businesstimes.com.sg/views-from-the-top/no-let-up-in-doing-good.
Scholarships lighten the burden of students from difficult families
Berita Harian
27 Oct 2020
ISCA Cares Chairman, Mrs Lim Hwee Hua, was quoted in the Berita Harian article:
| “In times of crisis, low-income families among the poor are severely affected. This makes it even more important for ISCA Cares to help the youth from the less fortunate families through this difficult time.” |
The annual ISCA Cares Bursary Awards Ceremony was successfully held last Friday, 16 October 2020, where 28 students from underprivileged families were awarded a total of $54,000. Together with an earlier tranche of bursary awards, ISCA Cares awarded a record of $160,000 to 83 beneficiaries this year, in view of the difficult economic climate arising from the Covid-19 crisis.
ISCA Cares would like to extend a big thank you to all donors and ardent supporters who made this possible!
To read the full article, please refer to https://isca.org.sg/media/2825139/berita_harian_27oct2020.pdf .
2019:
2015:
Launch of ISCA Cares
At the Singapore Accountancy Convention Networking Dinner, ISCA Advisor Teo Ser Luck announced the launch of ISCA Cares, a charity dedicated to serving the community. Mooted in celebration of SG50, ISCA Cares aims to raise S$1 million in its first year of establishment to help disadvantaged youths by subsidising their tuition fees and basic living expenses through donations.
Donors can also become mentors, sharing experiences and serving as role models for these youths to look up to.
Photo: ISCA Advisor Teo Ser Luck making the opening address at the 2015 Singapore Accountancy Convention Networking Dinner