About Singapore Consultancy
Founded in 2016, Singapore Consultancy comprises of a group of former senior executives from the Financial Services industry.
We have over 50 advisors in Singapore and Hong Kong, majority of which were former C-Suite executives with over 30 years of experience. Our youngest member is 28 years old and the oldest member is 75 years old.
Our advisors previously worked in Banks, Insurance companies, Asset Management companies, Sovereign Funds and FinTech companies. Currently, we deploy them on consulting projects with clients across Asia. Some of them also serve on Board of Directors and/or Board Committees in the social, public and private sectors.
Singapore Consultancy operates as a social enterprise.
On 13 February 2019, we received a special mention in the Singapore Parliament:
"[...] Singapore Consultancy, a new social enterprise. It helps older PMETs from the financial sector transit into freelance consultants, board directors and even advisors to charities. It has received support from WSG's Professional Conversion Programme and Singapore Consultancy is a model worth encouraging."
Our 3 Service Lines
Unlike the traditional consulting firms, we staff our projects with senior industry practitioners taking on appointments as independent contractors. Many of them are former C-level executives of Financial Services institutions.
Our clients are typically Banks, Insurance companies, Asset Management companies, Sovereign Wealth Funds, Government Linked companies and FinTech firms.
Our capabilities are wide ranging: Customer Insights/Research, Digibank, Artificial Intelligence, Client Investment Suitability, Regulatory Compliance, Risk Management, Wealth Management, Technology Transformation, Data, Governance, Operational Services, Remediation and Reserve Management.
Board of Directors & Committee Members
Our members serve on the Board of Directors and/or Board Committees of various organisation in the 3P sectors.
NTUC Income, Prudential Singapore, Alliance Bank, HSBC Life Singapore, Maha Agriculture Public, Pand.AI, Stashaway
SCORE, YR Industries, Yellow Ribbon Fund, AIC (Agency for Integrated Care)
SATA CommHealth, ISCOS, YWCA, YMCA, Leap201, Diabetes Singapore, Chiam See Tong Sports Fund, RSVP, NHCS, SCC FSC, LCCS, American Club, Marymount Centre, Honour Singapore
Advisors to Fintech Firms
Steven Seow is the Founder and Executive Director of Singapore Consultancy. He has over 18 years of working experience in banking and consulting. Previously, he was the Asia Head of Wealth Management of Mercer from 2013 to 2017. Prior to joining Mercer, he was in EY Advisory for 5 years. Over the course of his career, he has also worked in Citi Private Bank, IBM, PwC Consulting and Odyssey.
Steven speaks regularly at various wealth management industry forums in Singapore, Hong Kong and other Asian countries. He also interviews regularly with the media. On a few occasions, he wrote for the Opinion and Editorial section of Business Times.
Across his career, Steven works with banks, insurance companies, independent financial advisors and family offices. He covers various domains in Investments, Risk Management, Regulatory Compliance, Operating Model Design, Product Design, Customer Value Proposition, Process Improvement and Technology Enhancement.
Steven also actively volunteers for non-profit organizations. He is passionate about solving problems related to manpower, healthcare and inter-generational poverty with a special focus on raising social mobility for children.
Steven is currently the Assistant Honorary Treasurer and Chairman of the Fund Raising Sub Committee at Diabetes Singapore. He also serves in the Investment Finance Board Committee of SATA CommHealth, Investment Board Committee of RSVP and the Investment Board Committee at Lutheran Community Care Services (LCCS). Other organisations he volunteers in include South Central Community Family Service Centre, MILK, Cashew Constituency Citizens Consultative Committee and Cashew PAP Community Foundation. Steven is also a member of PAP Policy Forum council and PAP North West District Committee.
Our Origin & Philosophy
Credit Goes to Wayne Yang, Former Senior Advisor at Singapore Consultancy
Wayne Yang came up with the “tuning fork” concept in 2016 while having lunch with Steven over a bottle of Chablis in Hong Kong.
Singapore Consultancy consultants are industry veterans who are battle scarred. Just like the masters who tune the grand piano, this is a skill that comes with decades of experience. The tuning fork epitomises how our consultants help our clients to fine tune their businesses to achieve better results.
"Halftime: Moving from Success to Significance"
This is a book we highly recommend as it encapsulates what Singapore Consultancy stands for. Singapore Consultancy is primarily made up of senior individuals who have achieved the typical success in life, and are now looking to lead a significant life in the second chapter of their lives.
Ikigai (生き甲斐, pronounced [ikiɡai]) is a Japanese concept that means "a reason for being". The word "ikigai" is usually used to indicate the source of value in one's life or the things that make one's life worthwhile. The word translated to English roughly means "thing that you live for" or "the reason for which you wake up in the morning” 1.
How do we get to the intersection area of this Venn diagram? The answer lies in a Portfolio Career.
At Singapore Consultancy, we run 3 service lines for our members to achieve a portfolio career. In this model, our members are consultants to traditional Financial services Institutions that include banks, insurance companies and asset management companies, Board Directors and/or advisors to FinTech firms.