Former Chairman of ICC Banking Commission, Tan Kah Chye, appointed to NETS Board

Former Chairman of ICC Banking Commission, Tan Kah Chye, appointed to NETS Board

Singapore, 30 June 2021 – Network for Electronic Transfers (NETS), Singapore’s leading payment services group, is pleased to announce the appointment of Mr Tan Kah Chye as Independent Director to the Board, with effect from June 25, 2021. The NETS Group enables Singapore’s digital payments for merchants, consumers and banks across the entire payments value chain.

Mr Tan is the CEO and founder of fintech firm CCRManager. Established in 2016, the company invests in and operates technology platforms and financial solutions for global leading corporates and financial institutions.

His experience includes serving as the Chairman of Banking Commission at the Paris-based International Chamber of Commerce (ICC) from 2010 to 2015. During his time at ICC, Mr. Tan helped breathe new life into the ICC Banking Commission by completely installing a new team of EXCO members, creating an Advisory Board and founding the ICC Academy in partnership with Enterprise Singapore.

With over 20 years of banking and asset management experience in Singapore, Frankfurt and London, Mr Tan’s career has included global P&L responsibilities at institutions including JPMorgan Chase, Barclays Bank, Standard Chartered Bank and Deutsche Bank. Mr Tan also notably led the successful development of the world’s first synthetic securitisation of trade finance assets.

He is currently a member of the following organisations:

  • Falcon Group, London: Board of Director
  • Singapore Future Economy Council
  • Chair of Enterprise Singapore’s Financial Advisory Group
  • Singapore Standards Council

NETS Chairman Ching Wei Hong said, “As a new independent director, Kah Chye will undoubtedly add significant value to the NETS Group. His breadth of trade finance knowledge, international experience and many leadership roles strongly complement our board, whose ongoing guidance and support have been invaluable. NETS will benefit from his perspectives and insights as we chart our path forward in the fast-moving payments space.”

Before founding CCRManager, Mr. Tan held London-based roles including as Managing Director with JPMorgan Chase and Vice Chairman of Corporate Banking with Barclays PLC. His career began at Citibank, where he left in 1994 as Head of Singapore Credit Card Merchant business.