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Eddie Khoo Appointed to NETS Board
5 Dec 2005

Singapore's leading electronic payments provider, Network for Electronic Transfers (Singapore) Pte Ltd (NETS), announced that it has appointed Mr Eddie Khoo to its Board of Directors.

Mr Khoo brings with him vast experience from the banking and finance sector and will be a much valued addition to the NETS Board. With the addition of Mr Khoo, the NETS Board comprises five other seasoned bankers with diverse specialties; they are Ms Susan Hwee (UOB) - Chairman, NETS Board, Mrs Elsie Foh (DBS), Mr Stephen Ingram (DBS), Mr Ching Wei Hong (OCBC) and Mr John Dahlberg (OCBC).

"NETS has grown from strength to strength over the past 20 years to become one of Asia's leading payments providers. To continue to achieve this, we need a strong visionary Board and a good management team. We are fortunate to be able to tap on Mr Khoo's vast experience in consumer banking to strengthen NETS locally and to grow overseas," said Ms Poh Mui Hoon, CEO of NETS.

Mr Khoo is currently the Global Head of Personal Financial Services at United Overseas Bank Limited (UOB), a shareholder of NETS. At UOB, he is responsible for defining business strategies and business models for Singapore, as well as markets such as Malaysia, Thailand, Hong Kong and Indonesia.

Prior to joining UOB, he was head of Sales and Distribution at the Consumer Banking division of DBS between 2003 and 2005. He also held several positions in Citibank Singapore from 1985 to 2003.
 
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