Global Finance & Technology Network (GFTN) Announces Board of Directors and International Advisory Board

Singapore, 6 Nov 2024 – The Global Finance & Technology Network (GFTN)^[1] announced today its Board of Directors and International Advisory Board.

The Board of Directors will be responsible for governance and oversight of GFTN whose mission is to harness technology and foster innovation through global partnerships for more efficient, resilient, and inclusive financial ecosystems. 

Ravi Menon, Ambassador (Climate Action), Singapore, and former Managing Director, Monetary Authority of Singapore (MAS), chairs the GFTN Board of Directors, and is joined by:
two Deputy Chairs:

• Leong Sing Chiong, Deputy Managing Director, Monetary Authority of Singapore
• Neil Parekh, Nominated Member of Parliament, Singapore; Non-Executive Chairman, Tikehau Capital

Members of the Board of Directors:

• Iqbal Jumabhoy, Chief Executive Officer, ProsperCap Corporation Limited
• Professor Lam Khin Yong, Vice President (Industry), Nanyang Technological University Singapore; Senior Advisor to Hungarian Minister of Culture and Innovation
• Andrew Lim, Partner, Allen & Gledhill
• Jessica Tan, Group Executive Vice President and President, Sunlife Canada
• Sopnendu Mohanty, Group Chief Executive Officer – Designate, GFTN; Chief FinTech Officer, Monetary Authority of Singapore

GTFN’s Board of Directors will be guided by an International Advisory Board, comprising distinguished public and private sector leaders with a demonstrated commitment to the public interest.

Members of the International Advisory Board include:

• Dominic Barton, Chairman, LeapFrog Investments; Chairman, Rio Tinto; former Global Managing Partner, McKinsey & Company
• Hon. Paula Ingabire, Minister of ICT and Innovation, Republic of Rwanda
• Eric Jing, Chairman and Chief Executive Officer, Ant Group; Chairman, Ant International
• Dr Patrick Njoroge, former Governor, Central Bank of Kenya
• Dr Veerathai Santiprabhob, former Governor, Bank of Thailand
• Dr Axel Weber, Advisor, Raisin; former Chairman of the Board, UBS Group AG; former President, Deutsche Bundesbank

“I am honoured to be joined by an outstanding group of individuals on the Board of Directors and International Advisory Board. I look forward to welcoming more members to both the Board of Directors and the International Advisory Board as we expand GFTN’s work in harnessing innovation in financial ecosystems to create economic opportunity, strengthen resilience, improve people’s lives, and secure a more inclusive and sustainable future for all,” shared Mr Menon.

 
[1] On 30 Oct 2024, the Monetary Authority of Singapore (MAS) announced the establishment of the Global Finance & Technology Network (GFTN). GFTN replaces and builds upon Elevandi, a not-for-profit organisation set up by the MAS in 2021.

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About the Global Finance & Technology Network (GFTN)

The Global Finance & Technology Network (GFTN) is a not-for-profit organisation established by the Monetary Authority of Singapore (MAS) in 2024 to harness technology and foster innovation through global partnerships for more efficient, resilient, and inclusive financial ecosystems. GFTN organises convening forums, offers advisory services on innovation ecosystems, provides access to transformative digital platforms, and invests in technology startups with the potential for growth and positive social impact through its venture fund.