Independent Director — Audit Committee Chair
Singapore·Banking & Financial Services·Posted 18 August 2026
SGX Mainboard-listed regional financial services group
Actively sourcing
A demand profile the Exchange is actively sourcing against. The sponsor is not confirmed on this board, and we say so rather than implying a signed mandate. Registering interest puts you in front of the sponsor when the brief converts.
The problem this seat exists to solve
The incumbent audit chair reaches nine years within the next reporting cycle and must be re-designated non-independent under SGX Rule 210(5)(d)(iv). The board loses both its chair and part of its one-third independence arithmetic in the same meeting.
The remit
- Chair the audit committee and own the relationship with the external auditor
- Lead the committee through the transition of a long-tenured chair without a gap in oversight
- Oversee the group's internal audit function across operations in four ASEAN markets
- Contribute to the board's assessment of regulatory and conduct risk
What the sponsor will not compromise on
- A recognised accounting qualification, or equivalent standing as a former CFO of a regulated financial institution
- Prior audit-committee chair experience at a listed company in any market
- Demonstrable familiarity with financial-services regulation in at least one ASEAN market
- Availability for 8–10 board and committee cycles a year, at least half in person
Terms
- Engagement
- Three-year appointment, renewable within the nine-year independence cap.
- Compensation
- SGD 95,000 – 130,000 a year including committee chair fee, subject to shareholder approval.
- Cross-border
- The company has no residency requirement to satisfy beyond its existing Singapore-resident director, so a non-resident appointee is straightforward.
- Time commitment in this market
- Typically 6–10 board meetings a year plus committee cycles; regional issuers commonly hold two of them outside Singapore.
Before you apply — Singapore
No nationality or residency test applies to you as an appointee. The company must have one Singapore-resident director; every other seat is open to a non-resident.
- Residency test
- One director ordinarily resident in Singapore (Companies Act s.145(1)). A listed issuer will already satisfy this before it reaches you.
- Nationality test
- None.
- Work authorisation
- A non-executive director who attends board meetings does not require an Employment Pass. Short business visits are covered by the standard visa position; a director taking an executive or interim operating role does need a pass.
- Tenure limit once appointed
- Nine years — a hard cap since 1 January 2022, with no shareholder override.
Also open in Singapore
All mandates in this market →Global ID Exchange
One registration. Every market your record travels to.
Registering against a single brief is fine. Registering once against your whole profile means you are read against every mandate that opens in the markets you can actually be appointed in — statutory, interim and advisory.