Nam Sin Ng

Former CEO, The Institute of Banking & Finance Singapore

About

Ng Nam Sin is a seasoned professional with over 30 years of experience in the industry. His last role in the public sector was CEO of the Institute of Banking and Finance (IBF) where he was on secondment from the Monetary Authority of Singapore (MAS). He has a proven track record in leading high-performing teams, managing complex projects, stakeholder engagement, policy formulation, and driving strategic initiatives. At IBF, he has overseen the development of the national Skills Framework for Financial Services, launched the Jobs Transformation Map, and implemented major industry initiatives to upskill and reskill finance professionals and increase industry training participation.

Prior to his current role, Ng Nam Sin held various key positions at MAS, including Assistant Managing Director for financial sector Development and then Human Resource and Information Technology. As a member of the MAS Executive Committee, he managed critical national infrastructure such as the inter-bank payment facility (MEPS+), chaired the Singapore Clearing House Association Committee, and initiated organization-wide skills upgrading in digital technology and data analytics. He played a significant role in financial sector reforms and liberalization, including the opening up the banking sector to foreign participation, developing the Singapore dollar bond market, asset management and private banking industry.

Ng Nam Sin's career began at the Singapore Economic Development Board (EDB), where he was part of the pioneer team developing the services sector. He later served as Regional Director in New York, attracting significant investments from the United States. His early career also includes engineering roles at Indeco Engineers in Beijing. He holds a Bachelor of Engineering degree from the University of Glasgow and attended the Stanford University Executive Program. His contributions have been recognized with the National Day Public Administration Medal (Silver) in 2008.

Ng Nam Sin continues to be active in the industry. His current roles include board directorship and advisory appointments to organisations in the private and public sectors.

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