ISCA announces new council members and performance highlights

GlobalData

Fri, May 16, 2025, 3:38 AM 3 min read

The Institute of Singapore Chartered Accountants (ISCA) has revealed the predetermination of 4 caller members, the re-election of 4 existent incumbents, and the assignment of 2 further members to its council.

This assembly is the governing assemblage of ISCA tasked with making “major” argumentation decisions and overseeing governance and rank matters wrong the institute.

The newly-elected, re-elected and recently appointed assembly members are acceptable to service for a two-year word until 2027.

Among the recently elected members are Ang Suat Ching, main fiscal officer, Resorts World astatine Sentosa; Chin Chee Choon, audit and assurance partner, caput of concern improvement and Marcomm, Forvis Mazars Singapore; Lee Eng Kian, managing partner, PKF-CAP; Gajendran, assurance spouse and nonrecreational signifier director, EY.

The re-elected members to the assembly are Lo Mun Wai, audit partner, KPMG; Judy Ng, radical fiscal controller, DBS Bank; Cyndi Pei, main fiscal officer, Digital InfraCo Singapore Telecommunications Limited (Singtel); Song Yeow Chung, main fiscal officer, Old Chang Kee.

The 2 caller members appointed to the assembly are Esther Wee, accountant-general and main of Government Finance, Accountant-General’s Department (AGD); and Tan Boon Gin, main enforcement officer, Singapore Exchange Regulation, SGX Group.

During the yearly wide gathering (AGM), ISCA shared respective updates from the past year.

The Institute took implicit the medication of the Singapore Chartered Accountant Qualification (SCAQ) programme, resulting successful a 47% summation successful enrolments, it stated.

It besides maintained a 98.3% rank retention complaint successful 2024, the “highest” successful 10 years, and ended the twelvemonth with a $5.3m surplus, boosting its reserves to $113.8m.

ISCA said it has kept rank fees unchangeable for the eighth twelvemonth successful a enactment and expanded its planetary beingness with 12 overseas chapters successful 9 countries on with 4 ISCA offices overseas.

Looking up to 2025, ISCA stated that it plans to put up to $7m successful enhancing the SCAQ and furthering planetary growth. It besides intends to get a 2nd spot valued astatine astir $55m to fortify its fiscal position.

ISCA president Teo Ser Luck said, “At this breathtaking clip of beardown maturation and large imaginable for ISCA, I’m pleased that our valued members person elected a susceptible and experienced Council to pb america forward. The Council members bring with them galore years of acquisition from a wide scope of industries and sectors — including the nationalist sector, accounting firms, listed companies, and more. Their divers backgrounds volition bring caller ideas and caller perspectives to assistance beforehand some ISCA and the accounting profession. Together with the Institute’s elder management, we look guardant to exploring caller opportunities and making 2025 a twelvemonth of meaningful progress, with caller initiatives and cardinal developments for ISCA. At the aforesaid time, we stay committed to supporting our members and delivering lasting value."