KPMG's Chia Tek Yew to be one of the panelists at the Retail Banking Forum in Jakarta
He will share KPMG's views on FinTechs in Asia.
Chia Tek Yew is head of KPMG Singapore’s financial services advisory practice where he leads engagements with clients on areas such as digital transformation and customer growth strategies.
Tek Yew started his early career with KPMG Singapore and left the Firm in 1993 to take on a Management Consulting role with Coopers & Lybrand Hong Kong where he stayed for 7 years before returning to Singapore as Managing Partner of PwC Consulting Singapore. During this period, he was also the Managing Partner of PwC Consulting’s Financial Services Practice across Greater China and South East Asia and co-head of their Strategy practice. He was also responsible for starting up PwC Consulting’s Venture Accelerator program which incubated technology start-ups during the dot-com era
After PwC Consulting was sold to IBM, Tek Yew joined Hewlett Packard as Vice President/head of their Asia Pacific Consulting & Integration business working with leading businesses across Asia to develop their technology platform to support their business strategies
Tek Yew left HP in 2006 and co-led a private equity sponsored management buy-out of then listed Whitehead Mann Partnership, a talent management and leadership advisory firm listed on the London Stock Exchange. He was appointed Co-Global Managing Partner in charge of international expansion whereupon he helped expand/establish the Dubai, Hong Kong and Singapore offices. In 2010, WHM Partnership was acquired by Korn Ferry, the world’s largest headhunting firm
Tek Yew retired from corporate work and became an investor in start-ups with a view of mentoring them and opening up his network to provide them access to potential clients and partners
In 2014, Tek Yew became Executive Director of Majuven, a venture capital firm in Singapore which invests in high growth Asian technology companies and today, remains as a Venture Partner there to assist in mentoring some of their start-ups. Majuven focuses on Sustainability Technology, Medtech and Digital Disruption.
Chia will be one of the panelists at the first session of the Forum, which will tackle Non-Banking Competition & Mobile Banking.
He notes that 2016 is shaping up to be an exciting year for retail banks in Asia. "We are starting to see real adoption of digital banking in Asia with deployment of mobile banking apps and experimental with analytics for credit underwriting and customer selection. So we are clearly seeing a move from innovation and experimentation to deployment and evolution," he adds.
When it comes to his business philosophies, Chia believes in the importance of working with clients throughout the innovation journey from ideation to co-creation and then adoption. "We would like to be seen as an 'innovation partner.'"
The Retail Banking Forum will be held on April 27, 8:30am to 12nn, at the Grand Mutiara 2, Lower Lobby Floor of the Ritz Carlton Jakarta Mega Kuningan.
To learn more about the event, please click here.
To register, click here.