ISCA announces new council members and highlights of performance

The Institute of Singapore Chartered Accountants (ISCA) has announced the election of four new members, the re -election of four current officials and the appointment of two additional members to its council.

This Council is the manager of the ISCA, which are commissioned to “important” political decisions and the monitoring of government and member issues within the institute.

The newly elected, re -elected and newly appointed council members should serve for a two -year term by 2027.

The newly elected members include Ang Suat Ching, Chief Financial Officer from Resorts World in Sentosa. Chin Chee Choon, examination and insurance partner, head of business development and Marcomm, Forvis Mazars Singapore; Lee Eng Kian, Managing Partner, PKF-Cap; Gajendran, Assurance Partner and Professional Practice Director, EY.

The re-elected members of the Council are Lo Mun Wai, Audit partner, KPMG; Judy NG, group financial controller, DBS Bank; Cyndi Pei, Chief Financial Officer, Digital Infraco Singapore Telecommunications Limited (Singtel); Lied Yeow Chung, Chief Financial Officer, Old Chang Kee.

The two new members who have been appointed Council are Esther Wee, general accountant and state financial chief of the accountant (AGD) of the accountant; and Tan Boon Gin, Chief Executive Officer, Singapore Exchange Regulation, SGX Group.

ISCA shared several updates of the past year during the annual general meeting (AGM).

The institute took over the administration of the SCAQ program (Singapore Chartered Accountant Qualification), which led to an increase in registrations by 47%.

In addition, in 2024, a rate of 98.3% of the membership reveal was retained that “highest” for ten years, and ended the year with a surplus of $ 5.3 million, which increased the reserves to $ 113.8 million.

ISCA announced that they kept the member fees stable for the eighth year in a row and expanded their global presence with 12 overseas chapter in nine countries together with four ISCA offices in overseas.

With a view to 2025, ISCA stated that it would invest up to 7 million US dollars in improving the SCAQ and promoting international growth. It also intends to acquire a second property worth around $ 55 million in order to strengthen its financial position.

The ISCA President Teo Ser Luck said: “In this exciting time of strong growth and great potential for ISCA, I am pleased that our esteemed members have chosen a capable and experienced advice to lead us forward. The council members bring many years of experience with a variety of industries from a variety of industries and the acccoock companies that helped from the accusers and were with the management of the institute, we look forward to researching new opportunities and making meaningful progress for a year with new initiatives and important developments for ISCA.

In March 2025, the ISCA started the SCAQ Career Mobility Program (CMP) to facilitate the cross -border job opportunities for accountants.

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