Prime Highlights:
- iFAST Corporation Ltd. appointed Tan Tia Hong as its new group chief operating officer, effective February 28, 2026.
- Tan will succeed Wong Soon Shyan, who is retiring after more than two decades in the role, strengthening operational leadership for the company.
Key Facts:
- Tan, 38, previously served as COO of Global Fintech Services and has been with iFAST since 2010, managing IT, infrastructure, and ePension operations.
- The transition supports iFAST’s focus on expanding fintech and banking services while enhancing digital capabilities to meet growing demand for online financial services.
Background:
iFAST Corporation Ltd. has appointed Tan Tia Hong as its new group chief operating officer, effective February 28, 2026. The digital wealth management platform announced the leadership change in a bourse filing on Monday.
Tan, 38, will succeed Wong Soon Shyan, 60, who will step down on the same date after choosing early retirement. Wong has served as group COO since October 16, 2000, marking more than two decades in the role.
Before this appointment, Tan served as chief operating officer of Global Fintech Services. He was responsible for both technology and operations. During his tenure, he played a key role in system development and helped set up operational teams for iFAST Global Bank. He also supported the development and management of the company’s ePension operations in Hong Kong.
Tan joined iFAST in 2010 as an IT programmer. He advanced to senior leadership roles and has managed IT functions such as application development, infrastructure, and security since 2018. He also drives infrastructure and cloud projects to build strong, scalable, and reliable financial systems.
The company said the transition reflects its continued focus on strengthening operational leadership as it expands its fintech and banking services.
According to the filing, Tan holds a deemed interest of 240,000 ordinary shares in iFAST. Wong directly owns 68,650 ordinary shares and is considered to own 362,800 ordinary shares.
iFAST appointed Tan at a time when digital wealth platforms are investing in technology and infrastructure to meet growing demand for online financial services. With his IT and operations experience, Tan will help iFAST strengthen its digital capabilities and run its operations smoothly.
The leadership transition will formally take effect on February 28, 2026.