InfoCorp Welcomes Chris Ong
1st November 2018
InfoCorp group (of entities) is delighted to announce the appointment of Chris Ong as -
1. Advisor, Audit for InfoCorp Foundation and
2. Chief Financial Officer (CFO) of InfoCorp Technologies overseeing all financial-related affairs.
Over the past 30 years, Chris has been building his expertise; initially in assurance audits in the London office of Arthur Andersen, then in internal audit as well as risk management and governance, in both professional firms and multinational conglomerates. He has consulted and worked in the fields of financial services; manufacturing and supply chain management; real estate, hospitality, media, oil and gas, and natural resources.
Chris was the managing partner for enterprise risk services at Deloitte Beijing and head for risk management for Northern China from 2005 to 2008. His successes in China included overseeing major US and Japan Sox projects, and delivering the inaugural internal audit transformation project for a leading Chinese bank with over 2000 internal auditors on its payroll. He was also consulted for a Key Performance Indicators project for their Human Resource function at the same bank.
When he was Vice President of Internal Audit at leading Asian bank UOB Group, Chris audited UOB Plaza, one of three tallest architectures in Singapore. He also headed the internal audit function for real estate conglomerate City Developments Group, entity under Hong Leong Group. In that capacity, he audited the city’s other skyscraper, CDL’s flagship building, Republic Plaza.
Before joining InfoCorp, Chris was Principal Management Consultant with SharpBender Management Consultants, a regional business and financial management consulting firm known for its strengths in technology, marketing, strategic business planning, financial management and raising finance, business process management, governance, risk and controls. In this capacity, he took up CFO role in a major internet travel business, overseeing finance and accounting, legal and taxation, human resources as well as fund raising.
A thought leader in the China governance and risk management space, Chris’ opinion is widely sought by leading publications, and he is also a prominent speaker at professional forums and conferences in the Asian region.
With a Bachelor of Science with honours in Accounting and Computer Science from Leeds University, and a Master of Business Administration from the University of Dubuque, he is also a Fellow Chartered Accountant in England and Wales; a Chartered Accountant in Singapore; and a Certified Internal Auditor. Chris is captivated by the charm of languages; his current repertoire includes fluent Chinese (Mandarin and Cantonese), English, French, Japanese and Indonesian. He is also trying to learn Russian and Korean.
“It is important to bring the best practises from traditional fiduciary management to create a healthy system of risk management and control that is relevant for the crypto industry. Chris’ extensive global experience in financial management and audit will help InfoCorp in our efforts to bring assurance to our stakeholders. We are delighted to have him on board, and look forward to his expertise in taking InfoCorp to the next level of compliance.”
Roy Lai, Founder and CEO of InfoCorp Technologies and Chairman of InfoCorp Foundation.
“I am particularly touched and moved by InfoCorp, with its noble and unique vision of applying the blockchain technology to serve the unbanked and underserved communities globally. I am enthusiastic and convinced that this is a most meaningful and worthwhile mission. Truly happy and proud to be part of the team; I hope earnestly that I can contribute to help transform the vision into reality. I would like to thank Roy and his team for accepting me and helping me to transit into InfoCorp group.” expresses Chris.
About InfoCorp Foundation
InfoCorp Foundation Limited (IFL) is a Singapore-incorporated public company limited by guarantee, set up to provide affordable and secure financial services to the unbanked via the Sentinel Chain, a blockchain-based international marketplace for cross-border financial services and the world’s first platform to accept the use of livestock as collateral. Taking a unique approach to the last mile problem of financial inclusion, the Sentinel Chain model establishes livestock provenance through the creation of livestock insurance on blockchain — the registration of livestock provenance on blockchain provides the unbanked with a new opportunity: the real possibility of accepting livestock as ‘collateral’ for loans. Sentinel Chain is a project developed by InfoCorp Technologies.
About Sentinel Chain
Sentinel Chain is a blockchain-based international marketplace for cross-border financial services and the world’s first platform to accept the use of livestock as collateral. Taking a unique approach to the last mile problem of financial inclusion, the Sentinel Chain model establishes livestock provenance through the creation of livestock insurance on blockchain — the registration of livestock provenance on blockchain provides the unbanked with a new opportunity: the real possibility of accepting livestock as ‘collateral’ for loans. Sentinel Chain is a project by InfoCorp Technologies.
About InfoCorp Technologies
InfoCorp Technologies Pte. Ltd. is a fintech company that provides the infrastructure to accelerate financial inclusion to unbanked and underserved communities through the use of blockchain technology. It designs solutions for small bank consortiums in emerging countries to facilitate inter-bank transactions using distributed ledger technologies and provides consultancy services to clearing house and central banks on implementations and testing of real-time payment systems, and also to corporate clients on implementations and operations of distributed ledger technologies for production use.
Medium (Chinese): https://medium.com/sentinelchain-cn