Independent Director — Audit Committee Chair

Singapore·Banking & Financial Services··Posted 21 August 2026

SGX Mainboard-listed regional financial services group

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.

The full Singapore regime map

How this works

Every seat here is applied for by a certified director.

That is the whole difference. A sponsor reading applications from this Exchange knows the pool has been tested — which is why the briefs are real and why an application gets read. Five steps, and the first three are free.

1
Register — free
Read every brief, every regime map and both tools. Nothing is hidden behind the paywall and nothing ever has been. You can apply straight away — one application a fortnight.
2
Sit the assessment — free, about 30 minutes
15 judgement questions on statutory duty, your functional depth and cross-border practice. Sitting it costs nothing and you see your band and a gap report either way — so you learn something about your own standing whether or not you go further.
3
Pass, and you are certified — free, for 12 months
There is no fee to certify. A certified member applies to board, interim and advisory seats, one application a week. That alone is more than most directors act on in a quarter.
4
Then, if you want the rate — Foresight InfinityUS$250 a month
Your application is collated, verified against your profile and carried to the sponsor every week instead of waiting out the seat’s priority period — and we search for you rather than waiting for you to look. Foresight Infinity Plus, US$500 a month, is carried first, the moment it is matched, with a document written for that seat and your score attached.
Monthly only — there is no annual term on either. One payment a month; nothing renews on its own.
5
Your certificate and your membership are not the same thing
The certificate runs 12 months. A membership renews every month. If you stop paying you do not go back to the beginning — you keep the certificate you earned and return to one application a week until it expires.

Start the assessment — free The longer explanation →

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GIDX-SG-0101 — Independent Director — Audit Committee Chair

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One account. Every market your record travels to.

Registering is free and you can apply straight away — one application a fortnight. Pass the free assessment and you are certified for a year, with one application a week. Foresight Infinity (US$250 a month) raises that to one application a day and carries your applications ahead of free members; Foresight Infinity Plus (US$500 a month) carries them first, the moment they arrive.