Management and Board

FIDReC is an independent organisation with a Board chaired by retired Supreme Court Judge Mr Goh Joon Seng that includes equal numbers of non industry directors and industry directors.

The composition of the Board ensures FIDReC's independence, fairness, accessibility and transparency. FIDReC was created to ensure balanced representation for consumers and the financial sector.

Goh Joon Seng (FIDReC Chairman)
Mr Goh is an Advocate and Solicitor. He was admitted to the roll of Advocates and Solicitors of the Supreme Court of Singapore on 1 April 1963 and to that of West Malaysia the following year. He practised at the Bar until his appointment as a Judicial Commissioner on 1 October 1990 and Judge of the Supreme Court on 15 November 1990. He retired from the Supreme Court Bench on 22 March 2000 and is currently a Consultant with Lee & Lee.

Gerard Ee (FIDReC Director)
Mr Ee retired as a partner of Ernst & Young after 30 years of life as an auditor. Mr Ee served as President of the Automobile Association of Singapore (AAS) for 10 years before switching to his current role as Chairman of the Public Transport Council. Mr Ee also serves as a Justice of the Peace. Mr Ee is keenly involved in matters directly relating to the community. As the founding Chairman of the Council for Third Age he is promoting active living for older persons. He is also the Chairman of the National Kidney Foundation.

Yeo Guat Kwang (FIDReC Director)
Mr Yeo is the President of the Consumers Association of Singapore (CASE), a Member of Parliament for Aljunied GRC and Member of the Government Parliamentary Committee (GPC) for Manpower and Ministry of Community Development, Youth and Sports' GPC. He is also a Director of the National Trades Union Congress (NTUC) and concurrently the Executive Secretary of the Amalgamaged Union of Statutory Board Employees. He also serves on both the North East Community Development Council (CDC) and Aljunied Town Council as Vice Chairman. 

Elsie Foh (FIDReC Director)
Mrs Foh has more than 30 years of knowledge and in-depth management experience in the financial services industry.

She was formerly a Managing Director at DBS Bank and spent the last 5 years heading a transformation program across the region. Prior to this, she held senior management positions and was head of various client segments where she managed the operations of the consumer, private and enterprise banking businesses at different periods of her career.

As a former Chief Operating Officer of the consumer banking group, she oversaw the branch and electronic banking services, asset and liability management, risk management, among other responsibilities.

Within the DBSH group, Mrs Foh had served on the Boards of DBS Asset Management Ltd, previously the Insurance Corporation of Singapore and DBS Finance Ltd.

Mrs Foh was also a past Chairman and Director of the Network for Electronic Transfers (S) Pte Ltd. She had also been a member of the Public Education committee on Family.

Mrs Foh was an alternate council member of the Association of Banks in Singapore. She had also served as panel member of the previous Consumer Mediation Unit (CMU).

Mrs Foh is a non-resident Fellow of Eusoff Hall, National University of Singapore and an ExCo member of its Alumni.

Terence Tan (FIDReC Director)
Mr. Tan is the SVP & Head, Corporate Insurance, HSBC Insurance (Singapore) Pte Limited. He is also a Management Council member of General Insurance Association of Singapore (having served 2 terms as its President). A veteran insurance practitioner, Mr. Tan has worked in various management positions in local & foreign insurance companies & insurance broking firms in Singapore and abroad, and has over 37 years of insurance industry experience.

Mak Yuen Teen (FIDReC Director)
Mr Mak Yuen Teen is Associate Professor of Accounting and Co-Director of the Corporate Governance and Financial Reporting Centre at the NUS Business School, National University of Singapore. 

He holds a First Class Honours degree in accounting and finance, and masters and PhD degrees in accounting, and is a fellow of CPA Australia. He sits on several Singapore non-profit boards, is a member of the Charity Council and a member of the audit advisory committee of the United Nations Population Fund based in New York.  

Lee Ming San (FIDReC Director)
Mr. Lee is Managing Director of One North Capital Pte. Ltd. Prior to this, he was Chief Executive Officer of CIMB-GK Securities, where he was responsible for the regional equities and corporate finance business of CIMB Group, which included retail broking and wealth management. He has over 20 years experience in financial services in general, with a particular focus on capital markets. Mr. Lee is an Associate Member of the Institute of Chartered Accountants of England and Wales. 

Tan Hak Leh (FIDReC Alternate Director)
Mr Tan is a Managing Director of Great Eastern Life (GEL) Singapore responsible for GEL's insurance business in Singapore. He has more than 15 years of experience in the life insurance industry. Prior to joining GEL, Mr Tan was a director of the Insurance Supervision Department of the Monetary Authority of Singapore, playing an active role in policy review and supervision of life insurance companies. He also spent several years as a director of a consulting firm specialising in insurance and actuarial matters.

Mr Tan is a fellow of the Institute of Actuaries (UK) and was a council member of the Singapore Actuarial Society.

Ng Wee Jin (FIDREC Chief Executive Officer)
Mr Ng oversees the operations of FIDReC and leads a team of Senior Managers, Managers and executives. He is also a FIDReC appointed Adjudicator.

He was admitted to the roll of Advocates and Solicitors of the Supreme Court of Singapore in 1998. He was the recipient of the Harvard Club of Singapore Book Prize for Most Outstanding first year student in Law (1993/4), the Blackstone Prize (1993/4), the Shook Lin & Bok Prize (1993/4), the Law Society of Singapore Book Prizes for two years (1993/4 & 1995/6) and the Allen & Geldhill and Kwa Geok Choo (Mrs Lee Kuan Yew) Scholarships.

He is currently a Member of the Ministry of Law's Alternative Dispute Resolution Advisory Committee and also also sits on the FIDReC Committee for directors Appointment, the Structured Products Clarification and Reference Board as well as the Subordinate Courts ADR Advisory Council Civil Focus Group.

He presented papers at many conferences and seminars including recently, the inaugural 1st Asian Mediation Association Conference (2009) and the Asian Motor Insurance and Claims Management Conference (2009) (as a Panelist on Third Party Liability Issues). Past appointments include being a member of the Ministry of Law Resource Panel for Alternative Dispute Resolution.