The Institute of Singapore Chartered Accountants (ISCA) has announced the election of six new Council Members, alongside plans to invest up to $7m in 2025 to enhance the Singapore Chartered Accountant Qualification (SCAQ) programme and drive international growth. The new Council Members will serve until 2027, bringing diverse expertise from various sectors, including public accounting, listed companies, and government finance.
ISCA’s recent achievements include a 47% increase in SCAQ enrolments, a record-high membership retention rate of 98.3% in 2024, and the establishment of 12 overseas chapters in nine countries. The organisation also reported a $53m surplus, boosting its reserves to $113.8 million.
The new Council Members include Ang Suat Ching, Chin Chee Choon, Lee Eng Kian, and Gajendran SO Vyapuri. Re-elected members are Lo Mun Wai, Judy Ng, Cyndi Pei, and Song Yeow Chung. Additionally, Esther Wee and Tan Boon Gin have been appointed, with Wee representing the government and Tan bringing regulatory expertise.
ISCA President Teo Ser Luck expressed optimism about the future, stating, “The Council members bring with them many years of experience from a wide range of industries and sectors. Their diverse backgrounds will bring fresh ideas and new perspectives to help advance both ISCA and the accounting profession.”
In 2025, ISCA aims to acquire a second property valued at approximately $55m to support its financial health and long-term growth plans. This strategic move underscores ISCA’s commitment to enhancing its global presence and delivering lasting value to its members.
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