FTAG History


FTAG was founded in 2013 as an investment group focused on Fintech start-ups. The company has since evolved into a diversified multinational corporation with key interests in education, live media, financial services, insurance and wealth management.

Since 2020, under the impetus of our Chairman Kelvin Chng, FTAG has undergone a strategic restructuring to form two core pillars - FTAG Financial Group and FTAG Group.

Through this strategic restructuring, we have a clearly defined operational focus that creates synergies that leverage all our resources and expertise to work towards a constant goal: quality and excellence throughout the company.

Our goal is to build FTAG to become global leaders in Finance and Digital Innovations.

Diverse Regional Network


FTAG's global footprint has expanded organically over the years and through a series of strategic acquisitions. Today, FTAG has an extensive network across the Asia Pacific supported by multiple offices in Singapore, China, Hong Kong, Vietnam and Labuan.

We rely on our diverse regional network to empower our clients ranging from individuals to multinational corporations and to address challenges faced during this extraordinary period.

FTAG LEADERSHIP


Our team is spearheaded by esteemed and well respected leaders in the industry.

FTAG LEADERSHIP


Our team is spearheaded by esteemed and well respected leaders in the industry.

Kelvin Chng

Chairman

Mr. Kelvin Chng is the Chairman of FTAG Financial Limited, a Hong Kong Securities and Futures Commission (SFC) licensed asset management firm (HK:BNO308), and Chairman of Singapore Global Trust, a regulated trust company by the Monetary Authority of Singapore (MAS). Prior to this, he was the Chief Investment Officer of Dong Yan Investment (Shanghai) Limited, an asset management company in the People’s Republic of China licensed under the Asset Management Association of China (AMAC). He also held senior roles at United Overseas Bank and Standard Chartered Bank in Singapore, as well as Asian Micro Holdings Limited, a listed company on the Singapore Stock Exchange (SGX-SESDAQ 585.SI).

In his extensive career, Kelvin has helmed and led multiple successful investment firms, building an impressive portfolio of assets that share one common trait – each of these companies have found great success since his involvement – a testament to his keen eye for potential and his ability to streamline operations and steer them towards success.

Kelvin holds a Bachelor of Science in Banking and Finance (Hons) from the University of London, and attended the Fintech-Innovation and Transformation in Financial Services course from the National University of Singapore (NUS) Business School, the Leading Organizations and Change course from the MIT Sloan School of Management, Cambridge, and the Oxford Artificial Intelligence Programme from the Saïd Business School, University of Oxford.

Kelvin was awarded the President’s Lifetime Achievement Award for National and Community Services by the President of the United States of America Barack Obama in 2016. He was also awarded the Global Business Young Entrepreneur Award (全球傑青商界人物大奖) by the World Chinese Merchants Union Association (全球杰出华人协会) in 2017, and the Legend Circle Benefactors for his contributions to the golfing community by the Singapore Golf Association.

Kelvin currently serves as a Patron for the Pasir Ris Central Citizens’ Consultative Committee, and the Federation of Merchants’ Association Singapore as Honorary President.

Chia Hock Lai

Board of Advisory

Chia Hock Lai is the current Chief Executive Officer of Switchnovate and Senior Advisor (Blockchain Fund II) of Tembusu Partners.

Besides being the founding president of the Singapore FinTech Association, a founding member of the Global Fintech Institute and co-chairman of the Blockchain Association Singapore, he is also a Strategic Advisory Council member of the ASEAN Financial Innovation Network (AFIN), Advisory Board member of the IEEE Computer Society Blockchain and Distributed Ledger Standards Committee (IEEE C/BDL), Council Member of Singapore Sichuan Trade & Investment Committee, Member of the Financial Sub-Committee Advisory Group (“CAG”) of the China-Singapore (Chongqing) Demonstration Initiative on Strategic Connectivity (CCI), Fellow of the Singapore University of Social Science (SUSS), member of the Institute of Banking and Finance (IBF) - Technology & Operations Industry Workgroup, member of the Banking & Finance and Fund Industry panel of Nanyang Polytechnic (NYP) and advisor to start-ups.

Ronald Wong

Board of Advisory

Ronald Wong is the Regional Head of Markets for Grab Express. He is responsible for driving business performance, market growth and efficiency for the Grab express business vertical. Ronald has taken key roles within Grab’s Offices including Country head of Cambodia and Head of Transport in Thailand where he managed the ride hailing business and supply solutions for express and food delivery services.

Prior to joining Grab, Ronald served as Country Head of Vietnam and Thailand for Ninja Van and played a key role in expanding their presence across asia booming ecommerce market. Ninja Van is Southeast Asia’s fastest growing last-mile logistics company, powering ecommerce and businesses with innovative delivery & transport solutions. Ronald also founded his own start up Bumbox, which provides automated e-locker solutions where its applications extended to the logistics and medical industries.

Ronald holds a Bachelor of Business Administration (BBA) and MSc (Management) from University of Singapore. He holds a Master’s Degree in International Business from CEMS-The Global Alliance in Management Education and attended Harvard Business School’s Executive leadership program. He also served as a member of the Board of Directors for NUS Business School Alumni which seeks to strengthen Alumnis and corporate relations with NUS Business School and promote giving back to the community.