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NETS Bolsters Board with Cybersecurity Expert John Yong – Fintech Singapore

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NETS Bolsters Board with Cybersecurity Expert John Yong



by Fintech News Singapore

February 20, 2024

The Network for Electronic Transfers (NETS) has announced the addition of John Yong as a non-executive independent director to its board, effective from 19 February.

John Yong

John Yong

Yong brings over 40 years of experience in the field of information and communication security, with a career that spans both the public and private sectors.

This appointment marks him as the third non-executive independent director on the NETS board, a move that is expected to

bolster the board’s expertise and support the organisation’s ongoing innovation and growth.

Yong’s background includes significant roles in cybersecurity and technology, having served in advisory and non-executive capacities at notable entities such as PSA International and Singapore Pools.

He also engages in academia, offering his expertise as an adviser and adjunct professor at the National University of Singapore and the Singapore Institute of Technology respectively.

Previously, Yong was the Group Chief Information Security Officer at Certis CISCO from 2016 to 2019, where he was instrumental in advancing their cybersecurity initiatives.

His earlier roles also include leading the Cyber Security Group at the Infocomm Development Authority of Singapore, now known as GovTech, from 2011 to 2015, as well as key positions in IT security at the National Computer Board.

Susan Hwee, Head, Group Technology and Operations, UOB

Susan Hwee

Susan Hwee, NETS Chairman commented,

“We are delighted to welcome Mr Yong to our Board. We can all agree on the importance of robust cybersecurity as the bedrock of Singapore’s payment infrastructure. As we navigate the dynamic landscape of digital payments, Mr Yong’s track record in the cybersecurity space will bring valuable perspectives to the board.”

Featured image credit: Edited from Freepik

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